Huaping investment and Wensheng asset set up Wensheng special opportunity asset management company
Today, private equity firm Warburg Pincus and Shanghai Wensheng Asset Management Co., Ltd. announced the joint establishment of Wensheng special opportunities asset management company. The total investment of the platform is expected to be US $600 million, and the asset management scale is expected to reach US $5 billion within five years. The joint venture company will acquire the special opportunity assets of individual real estate through diversified investment methods, release the asset value and help China's economic development.
This text is a result of machine translation.
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