Geely-backed investment firm GLy secures $163m final close of debut PE fund

Geely-backed investment firm GLy secures $163m final close of debut PE fund

Source: CHUTTERSNAP/Unsplash

GLy Capital Management, a Hong Kong-based investment manager in the mobility sector, announced on Wednesday the final closing of its maiden private equity (PE) fund — the New Mobility Fund, which raised $163 million in capital commitments.

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