Loyal Valley Capital closed its second US dollar-denominated fund, Loyal Valley Capital Advantage Fund II LP, at $465m.
The closing include $440m of third-party limited partner commitments and approximately $25m from the general partner.
The investors in Fund II are a geographically diversified group of long-term oriented institutional investors. They comprise sovereign wealth funds, fund of funds managers, private banks, and family offices from across the Americas, Europe and Asia. All institutional investors from LVC USD Fund I have reinvested into this second fund.
LVC USD Fund II will invest in middle market companies positioned to benefit from secular industry transformation in China, continuing to focus on the firm’s core areas of domain expertise:
– New Consumer (Media & Entertainment and Education),
– Specialty Industrials and
– Financial Services.
Led by Andy Lin, Partner & Founder, Loyal Valley Capital is a private equity firm that has actively been investing in high-quality middle market companies in China since 2015. LVC is an independent, partner-owned firm with an extensive network spanning public and private companies across China with preferred access to C-level professionals.
The firm currently manages three private equity funds with assets under management of over $1.6 billion.
LVC has a team of 50 professionals based in Shanghai, China.