Fosun Kinzon Capital, the corporate venture capital arm of China-based conglomerate Fosun, has rebranded to Fosun RZ Capital, China Money Network reported on Tuesday.
The unit invests in sectors including internet services, finance, education, medical care, automotive, consumer and enterprise services. It began as a venture capital-stage investor but now also participates in angel and private equity rounds.
The decision follows the exit of Fosun Kinzon chairman Wang Jun and two other executives in May 2016 in order to form a new fund simply called Kinzon Capital.