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Avenue Capital Plans $313 Million Fund for China Medical City

publication date: Sep 16, 2011
Avenue Capital Group, a New York-based hedge fund and private equity investor, has teamed up with China Medical City in Taizhou to form a healthcare industry investment fund. It plans to raise $313 million, of which $157 million will be available by the end of this year. The PE fund will invest in CROs, biopharmas, drug distributors, medical device makers and hospital companies – all of them located in China Medical City. More details....

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