Renminbi onshore private equity funds are the flavour of the week -- why
Simple. They provide access to Chinese capital and deal flow in China, as well as avoiding regulatory approvals that offshore funds have to obtain when investing in the mainland.
Sounds great. So when can we expect to see the first deals
These are important milestones for the funds industry, but read closer and you'll see that these announcements are just that -- announcements of MoU signings or intentions to raise capital. Now the hard work begins. The capital must be raised and the funds must be structured before the first investments can be made.
Do you foresee problems...