Record Funds Raised by Private Equity Firms and Venture Capitalists in China
A record US$72.5 billion was raised by private equity firms and venture capitalists in 2016, representing an annual growth of 49% from 2015. Yuan funds were valued at US$54.9 billion, a huge increase of 177% from a year ago. The total yuan funds has accounted for almost 76% of the total fund raising up from 40% in 2015.
“A record US$72.5 billion was raised by private equity firms and venture capitalists in 2016, representing an annual growth of 49% from 2015.”
~ South China Morning Post
Yuan funds has attributed to the majority of funds for the first time in 2016 for private equity and venture capital fund raising. This comes as China’s tighter foreign exchange control has made it more difficult for US dominated deals.
Related Report: South China Morning Post
The Wealth Insider is the world’s leading wealth intelligence for global wealth managers, investments managers, asset managers, high net-worth service providers and wealthy individuals. Our global workforce seamlessly present the inside news of the most relevant news, insights, global wealth trends, innovation & digital transformation to our global audience.
Get The Wealth Insider Daily
- For Press Release, please contact firstname.lastname@example.org
- For Media-related enquiries, please contact email@example.com
- For Advertisement, please contact our official ad agency