AGIC Capital Announces Final Closing of US$1.2 Billion Fund for Investments in Smart Industries

European-Asian private equity firm AGIC Capital has announced the successful final closing of its second fund, AGIC Fund II, which will be focused on advanced industrial and medical technology investments.

Henry Cai, Founding Partner of AGIC based in Hong Kong, said, “The strong performance of AGIC Fund I proves that our strategy of supporting portfolio companies in their international expansion is highly effective and resilient even during times of unusual stress. We will continue to focus on supporting our companies with our complementary resources and know-how.”

Heiko von Dewitz, Partner of AGIC based in Munich, said, “While AGIC’s target investment sectors continue to benefit from strong long-term tailwinds, our deep technology and domain expertise allows us to early spot emerging technology and industry trends and identify promising investment targets. This will remain another key success factor for AGIC going forward.”

AGIC’s investment professionals are located in five global offices in Munich, London, Hong Kong, Shanghai and Beijing.

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Arya has been a part of the Content & Research Team at Hrnxt.com. She is a keen observer of  economic developments, emerging businesses, people in business and keeps a tab on latest happenings in the business environment.

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