Afcmarkets And Shanghai Capital Partners Launch Private Equity Fund To Invest $175 Million In Chinese Tech Start-Ups.
Afcmarkets today announced the launch of the first $175 million AFCM BRIC Technology Fund . This fund is the first in the BRIC region from Ailant Finance, and in the near future there will be launched others to invest in Brazil, Russia, and India.Focus will be at making investments in technology firms working with the social media sector, and online B2C e-commerce industry in China. The AFCM BRIC China Technology Fund will seek to take minority stakes and replacement capital investments in companies offering opportunities in China through acquisition or consolidation. The growing