Chinese private equity firm ClearVue Partners is seeking to nab $600 million for its third fund.

The new fund, ClearVue Partners III, will also invest $10 million to $50 million in expansions stage companies in the consumer sector of China.

ClearVue, which has $6.6 million in revenue annually, said that it is ready to register any capital commitments for its new fund.

In 2017, ClearVue Partners closed $362 million for its fund II.