China Everbright’s private markets business sees profit spike
China Everbright's private market business - which includes a variety of PE, VC and sector funds - generated a pre-tax profit of HK$205 million ($26.4 million) in the first half of 2013, up 17% year-on-year.
In the same period of 2012, the unit's pre-tax profit fell 60% year-on-year to $176 million. In the primary market space, the group operates three private equity funds under the China Special Opportunities...
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