The corporate-backed private equity fund is in talks with China-based firms over financing the Chance platform, which would link them with European portfolio companies.

France-based private equity fund IdInvest Partners launched a programme today that will aim to raise up to €1bn ($1.1bn) from Chinese firms that will be invested in Europe-based businesses.

The Chance investment platform will seek to help European small and medium-sized businesses grow by linking them with partners who can provide financing, in return for minority stakes, as well as access to the Chinese market.

The firm aims to raise €300m for the platform by the end of 2015, and…