China private equity firm Certain Capital has teamed up with China’s Jiangxi government to set up a RMB1 billion (US$150 million) industrial upgrade fund, Jiangxi’s Finance Department has announced on their website. Jiangxi’s government-guided fund has contributed RMB300 million (US$43.52 million) to the fund of funds (FOF) for investment in advanced technologies and enterprises to facilitate industrial upgrading. […]
Chinese PE Firm Certain Capital Launches $150M Industrial Upgrade Fund Supported By Government-Guided Fund appeared first on China Money Network.