The Beijing Capital Group has now launched a Private Equity Fund with an investment arm of JPMorgan, One Equity Partners.
JPMorgan says it plans to invest $200-million US dollars in China over the next 2 to 3 years.
Beijing Capital says the newly launched fund is a yuan-denominated private equity fund worth $150 million, with half of its committed capital from foreign investors.
Foreign private equity investors have been moving to try to invest in China or launch yuan funds in this country, given its continued growth potential.
