Carlyle Fund Buys 13.5% Stake In Chinese Health Care Co.

Law360, New York (August 15, 2012, 3:10 PM EDT) -- Washington-based private equity giant The Carlyle Group LP has acquired a minority stake in Chinese health care firm Meinian Onehealth Healthcare (Group) Co. Ltd. through its yuan-designated fund, Carlyle said Wednesday.

Carlyle acquired the 13.5 percent stake in Meinian through the Beijing Carlyle Investment Centre LP fund, which had roughly $500 million in assets after a second round of fundraising that was completed in July 2011. The fund, which is pegged to the Chinese yuan, was set up by Carlyle Asia Partners with the backing of...
To view the full article, register now.