Yao Ming takes a leap into China private equity
The former basketball icon is using his star power to court capital for two mainland PE funds. While his personal investment record is mixed, he has returned to school to enhance his business acumen.
![Yao Ming takes a leap into China private equity](https://uat.cdn.i.haymarketmedia.asia/?n=asian-investor%2Fcontent%2F035_pau634926_14.jpg&c=1&h=677&q=100&v=20254811&w=1204)
Yao Ming, China’s elder statesman of basketball, is taking a giant leap into mainland private equity, teaming up with two onshore firms that are raising funds and pursing deals in China.
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