CRF I is expected to add RMB1.48 billion to CLI’s funds under management (FUM) when fully deployed.
CapitaLand Investment (CLI) has closed its second onshore sub-fund, China Retail RMB Fund I (CRF I), under the CLI RMB Master Fund.
In addition to the equity commitment from the Master Fund, CLI has secured several onshore institutional investors, bringing the total fund size to RMB1 billion ($183 million).
