Next47 associate Rachel Zhong has taken a position at CR Capital, which manages a $16bn fund on behalf of conglomerate China Resources Group.
Rachel Zhong, formerly a US-based associate at industrial technology group Siemens’s Next47 corporate venture capital subsidiary, has joined China Resources Capital Management (CR Capital) as a senior vice-president.
Founded in 2006, CR Capital is an investment arm of diversified Hong Kong-headquartered, state-owned conglomerate China Resources Group.
The company runs a HK$127bn ($16.3bn) fund focused on areas such as real estate, healthcare, pharmaceuticals, renewable energy and infrastructure. Its portfolio includes small interfering ribonucleic acid (siRNA) technology developer Suzhou Ribo Life Science,…
