Jonathan Larsen, Ping An
In the increasingly crowded field of home-grown Chinese private equity and venture capital, one member of the throng is doing its own thing. Ping An Global Voyager is a $1 billion fund whose number-one priority is not its returns.
“I’m not going to be a very popular fellow if we don’t deliver a reasonable return on Ping An and [founder] Peter Ma’s dollars,” says Jonathan Larsen, chairman and chief executive of the fund and chief innovation officer across the whole Ping An group.
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