Nomura becomes first Japanese firm to invest in Chinese private equity
Nomura Holdings said it would become the first Japanese financial group to make private equity investments in China, having reached an agreement with Shanghai-based Jiu You Quan Xing Equity Investment Fund. This follows the bank winning approval to participate in Shanghai’s qualified foreign limited partner (QFLP) scheme.
Nomura said in a statement released in late December that it will be a LP in Jiu You Quan Xing, which targets companies in the high-tech and biopharmaceutical industries. It didn't disclose how much it...
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