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Private Equity Fund

China Development Bank: New Private Equity Fund

1 September 2009
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China Development Bank has set up a new investment fund with a focus on private equity, according to reports. The state-owned bank announced on Tuesday the that it has recently set up a new fund with 35 billion yuan, equaling US$ 5.1 billion, in registered capital.
The fund is constructed to support government-backed mergers and [...]

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