Reported 3 days ago
Trustar Capital has successfully raised $1 billion for a continuation fund to manage its controlling stake in McDonald's operations in mainland China and Hong Kong. This move comes as private equity firms face challenges in exiting investments through IPOs, leading to the creation of such funds. The significant investment includes commitments from Qatar Investment Authority and other Chinese investors, aiming to bolster confidence in the growth potential of McDonald's in the expanding Chinese market.
Source: YAHOO