China’s leading private equity firm has applied to the securities regulator for a mutual fund licence. The move has highlighted the trend of PE managers attempting to tap growth from retail investors in China.
Yang Yuanqing, chairman and CEO of the world’s largest PC maker, tells a forum he sees vertical collaboration at the heart of improving customers’ user experience in the future.
The former Lenovo CFO is made partner and managing director at TPG with a focus on China. Similar hiring strategies have been adopted by Blackstone and CVC.