Appliance manufacturer Midea is targeting between $147m to $293m for the fund and has contributed $44m through its own investment arm.

China-based appliance manufacturing group Midea has raised $104m for an investment fund with a targeted close of RMB1bn to RMB2bn ($147m to $293m), China Money Network reported today, citing a regulatory filing. Guangdong Midea Smart Technology Industrial Investment Fund’s initial raise includes a $44m commitment from an unnamed, wholly-owned investment arm of Midea. The limited…

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