Private Equity

Jack Ma’s private equity firm raises $2.5bn for latest fund

Yunfeng Capital has made a string of investments in the healthcare sector this year

Jack Ma
Jack Ma Photo: Getty Images

Yunfeng Capital, the private equity firm co-founded by Chinese billionaire Jack Ma, raised $2.5bn for its latest investment pool, according to filings with the Securities and Exchange Commission.

The $2.5bn raised for the main vehicle, Yunfeng Fund III, and a companion feeder fund matches the listed offering amount, although an August 3 SEC filing does not state whether the fund held a final close.

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