The growing importance of China’s relationship with Europe, already China’s largest trading partner, is the driving philosophy behind a new fund launch.
Based in Hong Kong and Beijing, the Euro-China Fund is being launched by limited partners Siemens, BASF, Zurich Insurance Company, Mannheim LLC and general partner First Eastern Investment Group, a leading domestic private-equity group in China.
The fund is targeting a close at the end of 2005 and a minimum capital commitment of €100 million.
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