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Alternative Market Briefing

China Renaissance adds strategies focusing on China's high-growth sectors

Friday, November 24, 2017

Komfie Manalo, Opalesque Asia:

China's biggest financial institution, China Renaissance, is expanding its asset management business with a range of strategies and approaches to investing in companies across high-growth sectors of China's economy.

The expanded business would allow investors access to wider range of options, particularly exposure to "new economy" entrepreneurs, those with progressive business models built around innovations in technology, media, and entertainment (TME) as well as healthcare and life sciences.

"The asset management business has grown naturally from our proprietary investing and our focus on supporting entrepreneurs contributing new sources of economic growth in China," said Fan Bao, chairman and chief executive officer of China Renaissance. "The maturation of China's market -- with disruption in both consumer and business-to-business verticals, abundant capital, and the vast scale at which innovations come to market -- has created unique opportunities and challenges for entrepreneurs and investors. Our ability to navigate these conditions allows us to play a crucial role as a partner to China's business visionaries and the investors providing the capital for their growth in partnership with our funds."

China Renaissance has built......................

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