New York Pacific Capital launches Suzhou RMB fund
New York Pacific Capital, the New York- and Beijing-based China-focused US merchant banking player, has announced a new RMB fund targeting RMB 300 million ($45.1 million), with investments to be focused on the greater Suzhou region of eastern China.
The new fund is called Suzhou Kabei Golden Fund and has Suzhou Cheng He Venture Capital Company as its leading LP. According to NYPC, the Agricultural Bank of China is supporting fundraising, seeking to...
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