Schroders, Thailand's KBank launch renminbi PE fund
Schroders Singapore and KBank Private Banking, a unit of Thailand’s Kasikornbank, have jointly launched a Thailand-based renminbi-denominated China private equity fund of undisclosed size.
The fund is touted as a first-of-its-kind wealth management product offering Thais “unparalleled” access to Chinese private equity. Schroders Capital will act as the manager. It has an established...
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