China Life and Baidu Form PE Tech Fund

By CHN, Insurance

China Life and Baidu Form PE Tech Fund

China Life Insurance Group Company (China Life) is forming a private equity fund with search giant Baidu Inc. The fund is being called the Baidu Fund Partnership and will have initial capital of 7 billion RMB (US$ 1 billion).

https://www.swfinstitute.org/swf-news/china-life-and-baidu-form-pe-tech-fund/

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