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Sovereign Wealth Funds Briefing - Categorized | Investment

Hopu said to plan investment in China Mengniu Dairy

Posted on 06 July 2009

From Bloomberg: Hopu Investment Management Co., a fund backed by Temasek Holdings Pte, plans to team up with a Chinese state-owned company for an $800 million investment in China Mengniu Dairy Co., a person familiar with the matter said.

Hopu, a $2.5 billion fund run by Goldman Sachs Group Inc.’s China partner Fang Fenglei, and its partner may form a consortium to buy about 20 percent of the milk producer, the person said, declining to be identified……….Full Article: Source


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