Wednesday, 30 July 2014
Last updated 11 hours ago
Feb 26 2010 | 12:24pm ET
The Carlyle Group is increasing its investment activity in china with a new joint-venture.
The Washington, D.C.-based private equity giant and Fosun Group, which manages more than US$10 billion, have launched a US$100 million global growth fund. The new vehicle, which is denominated in Chinese yuan, will invest in high-growth companies around the world.
Carlyle and Shanghai-based Fosun already jointly invest in a Chinese baby formula company.
Carlyle also announced plans for future yuan-denominated funds.
“By working with local partners like Fosun, we expect to make investments that benefit high-growth companies and enhance the local private equity industry,” Carlyle co-founder David Rubenstein said.
Jul 8 2014 | 10:48am ET
The surge in derivatives regulation is among the most complex challenges facing the financial services industry today. Northern Trust’s Joshua Satten recently spoke with FINalternatives to share insights into the challenges presented by new regulation and explore how the industry is responding. Read more…