fountainvest-optimistic-about-china-private-equity

FountainVest optimistic about China private equity

Frank Tang, CEO of FountainVest Partners, is confident that now is the time to invest the $950 million his fund recently raised.

What are your assets under management and who did you raise this from
We set out to raise $750 million with a 10-year term, but upsized the amount to $950 million due to the solid demand. We closed our fundraising in November. Our anchor investors include the Canadian Pension Plan Investment Board, Ontario Teachers' Pension Plan and Temasek Holdings. We also attracted investments from a number of other investors from Asia, Europe and North America. For many of our investors, FountainVest was the first China private equity fund they committed money to.

What kind of investments will you be targeting
We have a focus...

¬ Haymarket Media Limited. All rights reserved.

FinanceAsia has updated its subscription model.

Registered readers now have the opportunity to read 5 articles from our award-winning website for free.

To obtain unlimited access to our award-winning exclusive news and analysis, we offer subscription packages, including single user, team (2-10 users), or office-wide licences.

To help you and your colleagues access our proprietary content, please contact us at subscriptions@financeasia.com, or +(852) 2122 5222

Article limit is reached.

Hello! You have used up all of your free articles on FinanceAsia.

To obtain unlimited access to our award-winning exclusive news and analysis, we offer subscription packages, including single user, team (2-10 users), or office-wide licences. To help you and your colleagues access our proprietary content, please contact us at subscriptions@financeasia.com, or +(852) 2122 5222