{"id":11314,"date":"2009-08-24T00:00:00","date_gmt":"2009-08-24T00:00:00","guid":{"rendered":""},"modified":"-0001-11-30T00:00:00","modified_gmt":"-0001-11-30T04:00:00","slug":"abax-to-follow-blackstone-clsa-with-china-private-equity-fund","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/08\/2009\/abax-to-follow-blackstone-clsa-with-china-private-equity-fund.html","title":{"rendered":"Abax to Follow Blackstone, CLSA With China Private Equity Fund"},"content":{"rendered":"<p>Bloomberg &#8211; Abax Global Capital Ltd., a Hong Kong-based hedge fund manager backed by Morgan Stanley, plans to start a private equity fund in China that invests in companies making environmentally friendly products such as clean energy.             <\/p>\n<p>The yuan-denominated fund aims to raise about 500 million yuan ($73 million) from Chinese investors by its first close in two months, Donald Yang, Abax&#8217;s Hong Kong-based president, said in a phone interview Aug. 21. It will be sponsored by a large Chinese financial institution, whose name he declined to reveal because of pending regulatory reviews of the plan.     <\/p>\n<p><strong><a title=\"Read Complete Article\" href=\"http:\/\/www.bloomberg.com\/apps\/news?pid=20601110&#038;sid=aWat8d9hmT_Y&#038;FORM=ZZNR9\" target=\"_self\">Read Complete Article<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Bloomberg &#8211; Abax Global Capital Ltd., a Hong Kong-based hedge fund manager backed by Morgan Stanley, plans to start a private equity fund in China that invests in companies making environmentally friendly products such as clean energy. The yuan-denominated fund [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[11877,64,10286,5527,15572,1079,15575,15574,37,4515,4975,1116,4778,15573,11183,10565],"class_list":["post-11314","post","type-post","status-publish","format-standard","hentry","category-syndicated","tag-abax-global-capital","tag-bloomberg","tag-capital-ltd","tag-china","tag-chinese-investors","tag-clean-energy","tag-financial-institution","tag-friendly-products","tag-hedge-fund-manager","tag-hong-kong","tag-morgan-stanley","tag-phone-interview","tag-private-equity-fund","tag-regulatory-reviews","tag-rsquo","tag-yuan"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/11314","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=11314"}],"version-history":[{"count":0,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/11314\/revisions"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=11314"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=11314"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=11314"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}