Private equity firm Sequoia Capital China is set to pump RMB348 million into the asset management business of Chinese wealth manager, Noah Holdings. The deal, subject to terms and conditions as set out in an agreement between Noah, subsidiary Gopher Asset Management, and “other affiliated entities of Noah” will see Sequoia acquire equity interests in Gopher. Sequoia was an early backer of Noah,…
Sequoia pumps US$51.5 million into Noah’s asset management arm
26 October 2016

Share article
Share article
Related News

Nordea Asset Management names new head of Asia-Pacific distribution
12 July 2022

APB lauds winners of 2022 Asset Management Awards for Excellence
11 July 2022

Credit Suisse appoints new APAC CEO for asset management
7 June 2022

Pictet picks two equity partners from Asia wealth and asset businesses
12 April 2022

Exclusive
BNP Paribas to form US$3B asset management JV in India
15 March 2022

China asset management industry to reach US$32 trillion by 2026: Broadridge
16 February 2022

Maybank Asset Management rolls out first Sharia-compliant flexible retirement solution
15 February 2022