One Equity Partners Plans $200M Investment in China

One Equity Partners, a private equity unit of JPMorgan Chase & Co., will pour $200 million into China over the next three years, and has partnered with conglomerate Beijing Capital Group to identify potential investments, Reuters reported Wednesday. Separately, Beijing Capital has launched a yuan-denominated private equity fund worth $150 million, and backed by Lexington Investment and an unnamed Middle Eastern sovereign wealth fund.

(Reuters) – One Equity Partners, a private equity unit of JPMorgan Chase & Co plans to invest $200 million in China over the next two to three years and has partnered with Chinese conglomerate Beijing Capital Group in identifying investment opportunities, a senior executive said on Wednesday.

Ryan Shih, a partner of One Equity, made the comments to Reuters on the sidelines of a conference in Beijing.

Separately, a Beijing Capital executive said it has launched a yuan-denominated private equity fund worth $150 million, with half of its committed capital from foreign investors including Lexington Investment and a Middle Eastern sovereign wealth fund.

(Reporting by Langi Chiang and Ken Wills, Writing by Samuel Shen; Editing by Kazunori Takada)