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Another PE firms in Pudong
By Liang Yiwen |
November 30, 2010, Tuesday
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Print Edition
Print Edition
Private-equity giants Warburg Pincus and Kohlberg Kravis Roberts & Co plan to set up funds in Shanghai's Pudong New Area, joining an increasing list of Western PE firms launching China-focused funds, according to the Pudong New Area Financial Service Bureau.
The world's top 10 PE firms, including TPG, Bain and Blackstone, have already launched their funds in Pudong. Pudong had about 640 financial institutions by the end of September, an increase of 37 over last year, officials with the bureau said yesterday.
The world's top 10 PE firms, including TPG, Bain and Blackstone, have already launched their funds in Pudong. Pudong had about 640 financial institutions by the end of September, an increase of 37 over last year, officials with the bureau said yesterday.
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