The medical equipment provider has committed $14.5m to a medical technology-focused vehicle it will run in partnership with Sharewin Investment.
China-based medical equipment producer Jiangsu Yuyue Medical Equipment & Supply and private equity firm Sharewin Investment announced yesterday they are setting up a RMB1bn ($145m) healthcare investment fund, STCN reported.
The firms will jointly manage the fund, which is targeting areas such as medical services, biopharmaceutical companies and medical instrument and equipment developers.
Yuyue and Sharewin each provided approximately $14.5m of the capital. The fund’s limited partners include Danyang Investment Group, Shanghai International Trust and an affiliate of State Development…
