Ping An fund targets US firms in technology hunt
The head of Chinese insurer Ping An's $1bn Global Voyager
investment fund plans to acquire technology and related knowledge
to benefit its mainland business by deploying its assets in the US,
Israel and Singapore, according to a report from Hong Kong.
Jonathan Larsen, Ping An's group chief innovation officer
and Global Voyager chairman, told Reuters yesterday at a conference
in Hong Kong that he expects to invest 60 percent of the fund in
startups that are at least three years...
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