PRINT THIS PAGE Japanese Shinsei to launch $200m private equity fund for investment in China22/04/2004. Source: AltAssets. 
 Shinsei, the Japanese bank, and China International Trust and Investment Corporation, are in talks to set up a $200m private equity fund to invest in Chinese companies.
The move will allow Shinsei to capitalise on the private equity expertise of its US private equity owner, Ripplewood, and of its deputy chairman, Thierry Porte, former head of Morgan Stanley Japan and a mergers and acquisitions expert.
The fund will be targeting a rapidly growing Chinese market. In 2003, foreign direct investment (FDI) into China rose to $53.5bn, corresponding to eight per cent of global FDI, according to the Financial Times.
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