Financier Jacob Rothschild has launched a $750 million private equity fund to help Chinese investors to take part in international deals.
The new fund, capitalising on fresh economic reforms and appetite for overseas investment, will target investors from the newly-formed China International Chamber of Commerce for the Private Sector.
Rothschild's private equity venture RIT Capital Partners, and Chinese investor Creat Group will provide seed capital for the fund, hoping to raise some $650 million from other Chinese enterprises. It could be ready for investing from July, Rothschild told Reuters in a telephone interview.
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