Hong Kong's VMS pursues institutional upgrade
VMS Group will reach out to fund-of-funds with China or regional mandates for its new flagship private equity fund, which is intended to mark the firm's transition from a platform that primarily serves Hong Kong family offices to one that is more institutional in nature.
The fund, which will have a target of USD 300m, is set to launch before year-end, Jianming Zou (pictured), recently appointed head of private equity at VMS, told Mergermarket, AVCJ’s sister title. He...
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