Alibaba founder's firm Yunfeng raising $1bln fund - Reuters
Chinese private equity firm Yunfeng Capital, co-founded by Alibaba Group Holding Ltd's Jack Ma, is raising up to $1 billion in its second fund, writes Reuters. Yunfeng raised $1.5 billion in its debut fund in 2011, and has targeted investment in technology, media and telecommunications (TMT) related companies, as well as healthcare and consumer products.
18 March 2014•2 mins read
