Cosmetics brand Marubi is partnering Jinding on a fund that will invest in beauty brands and supply chain-focused companies.

Cosmetics manufacturer Guangdong Marubi Biotechnology has formed a RMB1bn ($142m) industrial fund with industrial investment management firm Jinding Capital, DealStreetAsia has reported, citing a stock exchange filing.

Jinding Capital is general partner for the vehicle, dubbed Marubi Jinding Cosmetics Industrial Fund Management, while Marubi has taken a limited partner position, according to the filing.

Founded in 2002, Marubi markets a range of cosmetic and skincare products including facial creams and masks but is best known for its eye serums and…

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Robert Lavine

Robert Lavine is special features editor for Global Venturing.