News Snapshot:
[China-focused Welkin plans to launch $300 million London IPO] China-focused Welkin China Private Equity said on Monday it expects to raise up to $300 million through an initial public offering and list itself on the London Stock Exchange. The investment company said in a statement it would be the first London-listed fund dedicated to investing in unquoted Chinese companies. The listing “gives public investors diversified access to private market investments in China, through funds managed by Welkin and selected external managers,” Welkin China Chair Ivan Chu said. The company will be managed by Welkin Capital Management (Asia) Ltd, which was...
