8:39 pm - Friday May 18, 2012

Shanghai Jinfeng To Invest In Shanghai Blackstone

Shanghai Jinfeng Investment (600606) plans to invest a maximum of 300 million yuan to subscribe to the limited partner’s shares of Shanghai Blackstone Partnership Equity Investments (Shanghai Blackstone), reports yicai.com, citing a company filing.

The duration of the partnership will last for seven years.

The general partner of Shanghai Blackstone is Blackstone (China) Equity Investment Management, which was established in October, 2009, with registered capital of 150 million yuan. It is the Shanghai branch of The Blackstone Group.

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