Guangzhou Yuexiu Holdings, a sovereign investment unit of Guangdong province, has closed its second RMB Mezzanine Fund with a sum of RMB1 billion (US$150 million) from several institutional investors. The fundraising has attracted two large central insurance institutions, but the company didn’t unveil the specific identity. The new fund will focus on equity investment in […]

Government-Backed Guangzhou Yuexiu Raises $150M For Its Second RMB Investment Vehicle appeared first on China Money Network.