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China Daily | Updated: 2008-11-14 08:07

New FountainVest HQ

Private equity firm FountainVest Partners set up its China region headquarters in Shanghai yesterday and aims to make 15 to 20 investment deals in the country within the next four to five years.

The company has raised about $1 billion for its private equity fund from various institutional investors including Singapore's Temasek Holdings and Canada Pension Plan Investment Board.

IN BRIEF (Page 14)

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