Should a Foreign-Invested RMB Fund Be Established and Managed by a Management Company in China?
Currently, most yuan-denominated private equity and venture capital funds in China—RMB funds—with at least one non-Chinese investor are managed by entities located outside of China.
Michael G. Wu, Judy Deng
In this article, which originally appeared in the November 16, 2010 issue of AltAssets, Pillsbury corporate & securities attorneys Michael Wu and Judy Deng summarize some of the issues that a non-Chinese sponsor of an RMB fund should consider prior to forming a fund management company in China to manage it.
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