China's green fund to make ‘sizeable’ hires for new investment unit

China’s first dedicated green investment fund is setting up a new investment management unit with a “sizeable” number of hires as it prepares to take off later this year, a source close to the matter told AsianInvestor. The National Green Development Fund, which manages Rmb88.5 billion ($13.8 billion), posted several Shanghai-based job postings on its website on Tuesday (May 18) for strategic and planning managers, research analysts, portfolio managers, risk control managers and f…