BOC, Guangdong government launch PE firm
Guangdong-based Yuecai Investment Holdings and BOC Group Investments, operated by the Bank of China, have jointly launched a new private equity firm, BOC Yuecai Private Equity.
As part of its launch, BOC Yuecai Private Equity received RMB60 million($9.1 million) and RMB40 million $6.1 million from Yuecai Investment and BOC Group, respectively. Ahead of its official launch,...
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