News of CREDIT Prosperity Fund
CREDIT Prosperity Fund Set Up Mega RMB Fund, Won Investment From Insurance Companies
At the end of
March 2014, CREDIT Prosperity Fund set up a mega RMB fund - CREDIT Prosperity
Prudent Profits Investment Partnership Fund No.2 (The Fund). The Fund, not more
than RMB 5 billion Yuan totally, is mainly contributed by such institution
investors as the insurance companies, and the Phase I RMB 2 billion Yuan plus is
already in place.
The Fund will be
directly or indirectly invested in the quality projects of real estate, finance
and service sectors. With the setting of the Fund, CREDIT Prosperity Fund
becomes one of the few equity investment management agencies wining the
investment from insurance companies in China.