Schroders Capital to expand private equity operations in China

Schroders Capital is expanding its private equity business setup in China to raise funds from domestic investors for its Rmb3 billion ($411.2 million) private equity funds, a senior executive told AsianInvestor. The British asset manager aims to leverage its existing China private fund vehicle, Schroders Capital Private Fund Management (Shanghai), which a acquired qualified foreign limited partnership (QFLP) licence in early 2020, for raising the funds. “That should be our top p…