Some of functionality may not work while you disabled JavaScript. Enable JavaScript for better User Exprience.
Access here alternative investment news about China’s Ping An Ventures To Raise Up To $1.3bn For Healthcare Investments
Venture Capital

China’s Ping An Ventures To Raise Up To $1.3bn For Healthcare Investments

by timesofmalta.com posted 9months ago 35 views
The venture capital arm of China’s largest insurer, Ping An, is targeting raising up to $1.3 billion (€1bn) in two healthcare-focused funds that will seek growth-stage and pre-IPO investments, said a person with direct knowledge of the matter. Ping An Ventures, set up in 2012, focused on early-stage investments in its first few years. The new funds will deepen the group’s push into the healthcare sector and build up its firepower for later-stage investments, at a time when valuations in the fast-growing tech and health­care industries have spiked.