Beikai Capital launches $79m RMB fund
Private equity firm Beikai Capital, formerly a unit of Balloch Group, has established a RMB500 million ($78.7 million) fund in collaboration with a Nanjing-based venture capital firm.
The vehicle will invest in SMEs in the software, information technology, new material and manufacturing sectors in Jiangsu province, according to ChinaVenture. Beikai plans to co-invest it in conjunction...
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