HNA Group, H&Q Raising $760M Fund

Chinese airline group HNA Group and private equity firm H&Q Asia Pacific plan to raise up to $760 million in private equity funds, Reuters reported, citing a company press release. HNA's Shanghai Grand China Investment Management Co. and H&Q will invest the funds in China's logistics and consumer sectors, including transportation, shipping and warehousing companies, Reuters reported.

30 March 2011•1 min read
Feature image
LinkedInXEmail
LinkedInXEmail