Private equity investment firm Zoyi Capital has invested in Pink Mary, a manufacturer and distributor of high-end women’s fashion in China.
The investment represents the first deal for Zoyi Capital’s Fund I and will see the firm take a controlling interest in Pink Mary with the company’s founders retaining significant stake.
“Zoyi Capotal has identified strong momentum in the high-end segment of the lady apparel market in China and we believe Pink Mary is uniquely positioned in terms of design and style to capture this growth,” says Andrew Kuo, founding partner and CEO of Zoyi Capital.
