Manager to launch second China mezzanine fund
Fund-of-funds manager Gen2 Partners is targeting AUM of $275 million and an initial close by the end of this year, pointing to an estimated $500 billion shortfall in SME financing in China.
Monetary easing by Beijing is not likely to dilute investor interest in providing private finance to the nation’s 49 million small and medium-sized enterprises, according to Gen2 Partners.
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