Chinese investment banking and asset management firm China Renaissance aims to reach US$10 billion in total assets-under-management by 2020 from adding new investment capabilities in healthcare and mezzanine debt, as well as new investment strategies including hedge funds to its platform, according to a company announcement. The Beijing-based firm currently manages over US$3 billion across U.S. dollar and RMB funds, including the flagship Huaxing Growth Capital with a focus on technology, media and entertainment sectors, and Huaxing Healthcare which makes …

China Renaissance, Led By Ambitious Fan Bao, Aims To More Than Triple AUM To $10 Billion By 2020 appeared first on China Money Network.