Cross-border specialist Cathay reports largest fund close to date

Cathay Capital Private Equity closed its Midcap II fund with $850 million as part of its ongoing commitment to support the international expansion of middle-market companies.

The new fund is the $3.8 billion firm’s largest to date and follows on the $325 million raised for Midcap I fund, which closed in 2014.

"This significant increase in assets under management in the current environment reflects the renewed confidence of Cathay's existing investors, as well as the many new partners attracted by Cathay's reputation and track record, with a notable addition of . . .

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