China's opportunity for RMB fund of funds
There is an opportunity for RMB-focused fund of funds in China says a panel of GPs and LPs at the AVCJ Private Equity & Venture Forum China. According to Judy Ye, Director and Head of EMAlternatives Asia says that the composition of RMB capital in China is evolving from the current situation where state-owned institutions provide the majority of the capital. “Private money from high network individuals are up and coming,” she said.
"Some investors think that investing in private equity is easy, but over time they will understand that it is a business best left for professionals and become more hands off," said Morgan Stanley's Gong...
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