Reuters - China's Fang Returns with Hopu II

Fang Fenglei, a former Goldman Sachs banker and co-founder of Hopu Investment Management, is raising up to $2 billion in a new fund, writes Reuters. Hopu surprised investors and rivals in 2010 when it suddenly wound down operations after raising and investing just one fund, which generated big returns and took part in several high-profile and profitable deals, writes Reuters.

2 May 2013•4 mins read
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