According to Xinhuanet.com, the manager of GP Capital - the first private equity fund focuses on financial industry, Jinpu PE Fund Management Co., ltd. was set up on Aug. 4 in Shanghai. GP Capital is going to raise funds up to 20 Billion yuan through private placement.
Lead by senior partner WEI Junxian and Partner YUAN Yuan, Dacheng's private equity team is advising GP Capital in its fund formation.
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