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Legend Capital Announces Successful Closing Of Healthcare Continuation Fund

May 19, 2021•about 4 years ago
Beijing

Description

Legend Capital announced today that the firm has closed LC Healthcare Continued Fund I, L.P., having raised US$270 million for a secondary transaction that involves healthcare portfolios of two older vintage funds. The fund provides liquidity and helped to enhance returns for existing investors while maximizing the value of the fund's portfolio with new follow-on capital.

Company Information

Company

Legend Capital

Location

Beijing, Beijing, China

About

Legend Capital, founded in April 2001, is a local private equity fund manager and a member of Legend Holdings. Legend Capital is now managing USD funds and RMB funds with a total size of US$9 billion, and focuses on innovation and growth enterprises with operations in China or related to China. By 2020, Legend Capital has invested in over 500 companies, and is one of the longest standing firm on the market.