Warburg-backed DNE sets up $871m RMB fund for new-economy assets in China
The fund has been set up in partnership with several institutional investors in China.
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The fund has been set up in partnership with several institutional investors in China.
The JV marks the latest move made by DNE Group to enhance its life science ecosystem.
The combined entity, named DNE Group, also raised $1.5 billion from investors including Partners Group, StepStone Group and Sequoia Capital.
Asia Digest: CPPIB forms Japan JV, Goldman ties up with New Ease in China A city view in Tokyo, Japan. Photo by Ryo Yoshitake on Unsplash. July 19, 2021 Canada Pension Plan Investment Board has established a data centre joint venture with Mitsui & Co in Japan while Goldman Sachs has partnered with mainland logistics developer New Ease for a China warehouse joint venture. CPP Investments forms Japan JV with Mitsui & Co Canada’s largest pension fund, Canada Pension Plan Investment Board (CPPIB), announced that it has established a data centre joint venture with Mitsui & Co Inc, one of Japan...