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Banyan Tree's China Hospitality Fund closes at US$214 Million.
Monday, 7th February 2011
Source : HVS International
Singapore-based Banyan Tree Holdings Ltd has closed its private equity fund in China, the Banyan Tree China Hospitality Fund, with capital commitments amounting to a total of RMB1.07 billion (US$214 million).

The fund's strategy will be to invest in Chinese companies which have hospitality projects under the group's Banyan Tree and Angsana brands.

The fund is expected to look into new investments in the coming year with a number of opportunities already identified by the group.

www.hvs.com
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