Black Soil’s Chang Sun postpones China agri fundraise
Chang Sun, the former Asia managing director at Warburg Pincus who co-founded Chinese agriculture start-up Black Soil, has delayed plans to raise a $1 billion PE fund and will instead focus on individual deals.
Sun launched the fund, which would be by some distance the largest in China's agribusiness space, late last year. It was intended to target the northern Chinese province of Heilongjiang, one of the world's...
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