A Capital

The cross-border firm has also set up a 1bn RMB co-investment vehicle to attract Chinese LPs.

Chinese investors continue to increase their offshore direct investments and will begin to target foreign private equity funds to diversify their portfolios, according to cross-border firm A Capital.

A Capital’s debut cross-border fund is targeting up to €500m for European mid-market companies with growth potential in China.

Euro-China growth capital firm A Capital has teamed up with a luxury goods distributor in China, to invest in European electronics giant Bang and Olufsen.

A Capital’s managing partner André Loesekrug-Pietri tells PEI why the firm recently partnered with the Beijing government to launch an RMB3 billion (€317 million; $460 million) fund to support Chinese companies’ overseas expansion.

The Chinese conglomerate led a two-year takeover battle for the French resort operator

The move comes after private equity firm InvestIndustrial submitted a higher, competing offer

Chinese companies with existing operations in Europe plan to expand, according to a recent EU Chamber of Commerce survey. European private equity interest in China is also increasing.

Chinese companies with existing operations in Europe plan to expand, according to a recent EU Chamber of Commerce survey. European private equity interest in China is also increasing.

The Chinese conglomerate and European private equity firm have offered $700m to acquire the French resort operator to boost the company’s development in China.

The Chinese conglomerate is hoping to establish relationships with institutional investors and is reportedly planning a $300m first close next month.

The Chinese conglomerate and private equity bidder have increased their offer after shareholders declared the original price was too low.

Chinese property and entertainment giant Dalian Wanda Group has acquired Sunseeker from Irish private equity firm FL Partners as China outbound M&A picks up.