Lord Rothschild's fund management firm, RIT Capital Partners, has formed a joint venture with China-based firms Creat Group, which manages RMB6bn ($900m), and Quercus Ventures to manage the $750m fund to help China-based companies take minority stakes in overseas peers.
Financier Jacob Rothschild has started raising a $750m fund to help China-based companies take minority stakes in overseas peers.
Lord Rothschild’s fund management firm, RIT Capital Partners, has formed a joint venture with China-based firms Creat Group, which manages RMB6bn ($900m), and Quercus Ventures to manage the fund. The joint venture is called J Rothschild Creat Partners and will take significant, unleveraged, minority stakes in international companies (ex-Japan), in the technology and clean-tech, green economy, healthcare, natural resources and…