Chinese private equity firm Orchid Asia Group Management Ltd. has secured up to US$75 million commitment from the Pennsylvania Public School Employees’ Retirement System (PSERS) for its sixth China fund, according to a memo posted on PSERS' website. The US$50 billion-under-management PSERS previously invested US$40 million in Orchid's fifth China fund, which closed at US$650 […]
Visit ChinaMoneyNetwork.com for more daily finance news, including audio and video Internet podcasts covering important investment news and financial events in China. Follow us on Twitter @chinamoneypod subscribe to all episodes on iTunes.
Visit the original source and full text: China Money Network
Any news and links syndicated from other sources are copyright those respective websites and/or publications. We post brief synopsis and links per what the respective websites' RSS feeds provide.