Fosun International, a Hong Kong-listed conglomerate, is raising $1bn for a private equity fund focused on companies seeking to expand into China, according to news provider Wall Street Journal (WSJ).
It is planning a $300m first-close on the fund next month, the WSJ added.
Separately, state-backed Qatar Holding, Qatar Petroleum International and Qatar Electricity have partnered to form a private equity fund to invest in energy infrastructure investments outside of Qatar.