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China conglomerate launches USD 15 bln tech investment fund

Monday 2 July 2018 | 12:18 CET | News
CMG is working with the UK's Centricus, the investment firm that helped structure SoftBank's fund, and SPF Group, a small Beijing-based fund manager that counts Joshua Fink, the son of BlackRock founder Larry Fink, as one of its partners. CMG has pledged CNY 40 billion while Centricus and SPF Group will be responsible for raising the remaining 60 billion. 

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Categories: General
Countries: China / World
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