CreditEase to buy stakes in up to five fund firms
The Beijing-based wealth manager and peer-to-peer lender plans to buy holdings in up to five more investment houses and launch two private funds through existing partnerships.
CreditEase, a Chinese peer-to-peer lending platform and wealth manager, is to take equity stakes in up to five more early-stage asset managers, as it seeks to build out its investment and wealth business. It is also planning to launch two private funds with existing partners.
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