Hopu split reports denied
Reports and market talk of a split at the top of Hopu Investment Management, the $2.5 billion China-linked private equity and multi-strategy investment group, have been denied by sources close to the firm, which in fact appears to be nearing the threshold where it could raise a second fund.
The reports and industry feedback suggested that Hopu had communicated the probability of a fundamental near-term change in the makeup of the firm to investors, though with the precise structure and timing...
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