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Warburg's Chang Sun Ditches PE Fund, Starts Up His Own Agriculture Business

by chinamoneynetwork.com posted 2years ago 11260 views
<p style="line-height: 18.9091px;">Warburg Pincus&#39; former head of China and North Asia, Chang Sun, is not launching an agriculture-focused private equity fund. Instead, Sun has turned himself into an entrepreneur, starting an agriculture business to cultivate staple grains in China&#39;s Heilongjiang province, he told China Money Network in an exclusive interview today in Hong Kong.</p> <p style="line-height: 18.9091px;">The formal Warburg Pincus executive, who left the private equity giant last summer after a 20-year career and was previously at Goldman Sachs&#39; investment banking division, sees great opportunities and urgent need to improve the productivity and efficiency in how China produces its grains.</p>