Abax Global Capital: Abax Raises $235M For Second Asia Special Situations Fund

Hong Kong-headquartered Abax Global Capital, an Asian mid-market multi-strategy investment firm, has raised US$235 million for its second Asia special situations fund, according to someone with direct knowledge of the matter. The fund, which was closed in December, has a strong focus on the Chinese markets. Founded in 2007, Abax is led by chief executive [...]Visit ChinaMoneyNetwork.com for more daily finance news, including audio and video Internet podcasts covering important investment news and financial events in China. Follow us on Twitter @chinamoneypod subscribe to all episodes on iTunes.