ABC, Wuxi launch equity investment fund

The ABC Wuxi Equity Investment Fund has been jointly launched by Agricultural Bank of China Limited and Wuxi.

ABC International and Wuxi Guolian Development Group, as the operational platform of ABC and Wuxi, are responsible for the establishment of ABC Wuxi Equity Investment Fund. The total amount of the Fund is RMB15 billion, including RMB5 billion in Phase I. It is managed by ABC Guolian Investment Management Co., Ltd, founded by ABC International and Guolian Financial Investment Group.

Based itself in Wuxi, this Fund is rooted in the Yangtze River Delta while radiating all over the country. It focuses upon high-growth enterprises in pillar industries and strategic emerging industries as well as potential high-growth enterprises in the upgrading of consumption and industry. This Fund will participate into corporate M&As and restructurings, in order to promote industry upgrading and urban transformation of Wuxi and Jiangsu at large.

According to ABC International, Wuxi Equity Investment Fund boasts good contributors, abundant geographic location resources, professional management team and preferential supporting policies. Basing on leading regional economy and favorable credit environment of Wuxi, Jiangsu and even the Yangtze River Delta, and leveraging upon the extensive customer base and network edges of ABC, this Fund will provide investors with professional fund management service and all-directional financial support to enterprises under investment.

As the first privately offered RMB fund of ABC, this ABC Wuxi Equity Investment Fund serves quality enterprises and projects in Wuxi and nationwide. Its establishment marks that ABC formally enters into the RMB private equity market, and is of great significance for ABC to strengthen comprehensive operating capacity and enhance core competitiveness.

Also Read

Asian equity markets hold up against the US

Why cash-rich corporates won't be a huge headache to private equity this year

Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!

I want to download the media kit