An RMB5 billion (US$729.61 million) private equity fund, jointly established by state-owned modern service provider Donghao Lansheng Group (DLG) and an array of investment firms, was launched last week to finance companies in China’s human resources industry. The industrial fund, with RMB1 billion (US$145.90 million) in the first round of funding, will be managed by […]
China’s State-Owned Modern Service Firm DLG Co-Launches $729M HR-Focused PE Fund appeared first on China Money Network.