Investcorp backs $500m Asia food fund
Investcorp has teamed up with China Resources and Fung Investments, the private investment arm of the founding family of Hong Kong consumer goods and supply chain conglomerate Fung Group, to raise a $500 million Asia food fund.
The platform – which claims to be the first in the region dedicated to investing in local food brands – will be jointly managed by the three founding partners. They have contributed an initial $300...
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