Carlyle Group, the US private equity firm, yesterday unveiled another agreement with a Chinese partner, this time to launch a local currency fund focused on smaller company investments.
Carlyle is teaming up with Fosun Group, which calls itself China's largest privately-owned conglomerate, to jointly sponsor a renminbi fund that will begin with $100m of seed capital and raise capital from Chinese investors.
The tie-up further deepens Carlyle's engagement in China at a time when foreign private equity groups are searching for ways to access the country's fast-growing markets.
您已阅读24%（579字），剩余76%（1841字）包含更多重要信息，订阅以继续探索完整内容，并享受更多专属服务。