21st Jan 2008
Sundeep Tucker
Two Canadian pension funds and Temasek are to provide financial backing to a high-profile private equity fund looking to invest in China, underscoring rising overseas interest in the fledgling sector.
Frank Tang and three former Temasek colleagues, all part of the Singapore state investment agency's China team, quit last year to set up FountainVest, a fund targeting mid-market opportunities in mainland China. >>>> More