Light control Walden Group Fund target 3.9 billion

Everbright Holdings (00165) CEO Chen Shuang said that the size of its funds are stable development, management of total assets of 250 billion to 260 billion yuan (RMB below), of which the size of private equity funds of 100 billion yuan, including traditional and New Economic and Industrial Fund, he also “blew” had the opportunity to invest in ants gold and Jingdong Finance, but because of excessive concern about regulatory issues and missed opportunities, is the most regret on the investment in one of the decisions.

Set up aircraft asset management platform

In addition, Everbright Holdings and Walden International launched 500 million US dollars (HK $ 3.9 billion) of the special private equity fund, the main investment semiconductor company, Chen Shuang pointed out that the United States has invested in a semiconductor company, holding more than 40% A major shareholder, and plans to come to Hong Kong.

(01848), Chen Shuang stressed that Everbright did not consider withdrawing from the company, but hope that the aircraft assets can be “packaged” into the fund, as its another Asset management platform, in the secrecy of accounts receivable on the development.

He said that the industry funds in the past mainly focused on mergers and acquisitions, has invested about 20 billion yuan in different projects; as with the Focus Media joint venture fund, in the past year has been in the new economic field screening and investment 14 companies. (FOF Fund) has also selected a lot of funds for investment cooperation, so that the source of mergers and acquisitions increased significantly, it is expected that the end of the year there will be a huge breakthrough in investment.

Chen Shuang estimated that the first half of the Mainland due to capital control and less mergers and acquisitions, but I believe that the state only limits irrational investment, after the 19th century, the mainland economy tends to stabilize the second half of the mainland enterprises overseas M & A will make moderate relaxation, I believe the second half of the merger will be obvious Replies, especially “one by one” M & A will increase significantly.

He believes that the economic focus mentioned in the Nineteenth Congress is to stabilize the exchange rate and actively implement fiscal policy. The main task of the future will be to leverage, and the credit is too tight to have a certain prospect for private equity funds engaged in project investment. However, Mainland property prices rise, so its real estate funds may be affected.