London Asia allies with new PRC partners

UK investment house signposts upcoming equity fund and also announces a new office in Hangzhou.
London Asia Capital has unveiled link-ups with PRC-domiciled partners to gain access to Chinese corporate clients and opportunities for investment and acquisitions.

London Asia is also in the process of raising a ú50 million $87 million private equity fund under the sponsorship of Collins Stewart, which is slated to receive a listing on the UKÆs alternative investment market in March.

Deal flow to be accommodated by that fund will be aided by co-operation agreements recently signed with two groups in Zhejiang Province, south of Shanghai Hangzhou Hi-Tech Venture Capital, which is owned by the city government and has $17.5 million under investment with 20 investee companies and the Zhejiang Provincial Bureau of Small...
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