The insurance firm, which has had a dedicated venture capital unit since 2012, will invest in healthcare and financial technology developers through the Ping An Global Voyager Fund.
China-based insurance group Ping An launched a $1bn fund yesterday called Ping An Global Voyager Fund to invest in financial and healthcare technology startups.
The $1bn figure represents Global Voyager Fund’s initial size, and Ping An, which has a customer base of more than 138 million, said in a statement it intends to become an “internationally leading technology investment pioneer”.
Jonathan Larsen, Ping An’s newly appointed chief innovation officer, will head the fund as chairman and CEO. His overall brief…
