@Blackstone, KKR in talks on new wave of China funds #StephenAldred @Reuters @resilient_ent #PrivateEquity

* China authorities hold talks in HK with foreign funds * Funds registered in Qianhai can raise yuan from HK investors * Plans to put foreign funds on more equal footing with locals

HONG KONG,
July 17 (Reuters) - Global private equity funds, including Blackstone Group L.P. and KKR, have held early talks with Chinese authorities on a new wave of renminbi funds which could dramatically improve their chances to win deals in China, an executive involved in the discussions said.  

READ MORE AS YOU ENTER THE WORLDS OF #StephenAldred @Reuters benny quetell @resilient_ent resilient media entertainment private equity

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