First Eastern launches Euro-China themed PE fund

First Eastern Investment Group, one of the pioneers of private equity investments in China, has launched a new fund focusing exclusively on the growing economic relationship between Europe and China. First Eastern was founded by Victor Chu in 1988 and has over 80 direct investments in Chinese companies. The new Euro-China fund sees First Eastern teaming up with European corporate and private equity heavyweights Siemens, BASF, Zurich Insurance Company and Mannheim, all of which are …