Hopu principals retiring, diverging: reports
Despite the firm's earlier denials to AVCJ, Hopu Investment Management may in fact be in the process of spinning out its present investments and looks to be on track to dissolve its current vehicle as founders Fang Fenglei and Richard Ong pursue separate endeavors, according to reports.
Calls to Hopu's offices confirmed that Fang will no longer be participating in the firm's Singapore-domiciled operation. Other PE fund sources suggested that Fang and Ong's investment styles may have proven...
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