China Ping An Insurance (Group) Co., Ltd. (stock code: Hong Kong Stock Exchange 2318, Shanghai Stock Exchange 601318 ), the main overseas investment and asset management platform of China Ping An Insurance Overseas (Holdings) Co., Ltd. (and its subsidiaries) , hereinafter referred to as “Ping An Overseas Holdings”) announced that the Ping An China New Economy Fund (hereinafter referred to as “the Fund”) has raised an investment amount of US$300 million.
Ping An China New Economy Fund is the only USD-denominated investment vehicle under Ping An that focuses on growth-stage private equity investments in Greater China. The fund will be managed by a team of experienced investment executives. The team has extensive investment and market experience and excellent investment performance in Greater China.
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