Warburg Pincus-backed D&J launches $1.5b China infrastructure fund
D&J Industrial Property, a China business park developer seeded by Warburg Pincus, has launched a RMB10 billion ($1.5 billion) fund with AVIC Trust that will invest in industrial infrastructure.
Target assets for the hybrid US dollar and renminbi vehicle - known as D&J Zhiyan Equity Investment Fund - include business parks, R&D parks and production facilities in top-tier cities across China. ...
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