New US$500M Private-Equity Fund To Focus On Asian Media

Aug 21 2013 | 11:13am ET

Bruno Wu's BT Capital—which he set up last month with former Bertelsmann CEO Thomas Middlehoff—will raise the money to invest in media companies, especially those plotting expansions in Asia. It will invest in small- and mid-sized companies "the need China for the next wave of expansion," including Internet, digital media and e-commerce operations.


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