Suning.com, one of the largest retailers in China, has planned to team up with Guojun Capital, a private equity unit of Chinese securities firm Guotai Junan Securities, to launch a fund of funds with a target size of RMB10 billion (US$1.48 billion), the retailer announced on Tuesday. Dubbed as "Guotai Junan Innovation Equity Investment Fund […]

Chinese Retailer Suning.com Teams Up With PE Firm To Launch $1.48B Fund Of Funds comes originally from China Money Network. All Rights Reserved.