U.S.-based private equity firm Warburg Pincus LLC contributed US$300 million to jointly set up an investment firm with Chinese urban renewal operator CREATER, according to a December 25 announcement on Warburg Pincus’ official WeChat account. The joint venture will focus on urban renewal asset acquisitions in first-tier cities in China and targets reaching US$200 billion of assets […]

US PE Firm Warburg Pincus Ventures $300M Alongside Chinese Urban Redeveloper CREATER appeared first on China Money Network.