Shanghai Pudong Development Bank successfully custody of the largest domestic PE fund-Shanghai Financial Fund (VC320)

Shanghai Pudong Development Bank signed a custody agreement with Shanghai Financial Development Investment Fund (“Shanghai Financial Fund”) in the first half of 2011 to successfully custody the largest PE fund in China.
It is reported that the Shanghai Financial Fund is a large-scale industrial investment fund approved by the State Council and initiated by Gimpo Industrial Investment Fund Management Co., Ltd. The total scale is expected to reach 20 billion yuan. It is the largest RMB private equity fund in China by far and the only Industrial investment funds with finance as the main investment field will mainly participate in the reorganization, restructuring, listing and mergers and acquisitions of China's financial industry and related industries. At present, the fund's first fundraising work has been basically completed, and the funds raised have reached nearly 10 billion yuan.
Since the official launch of the asset custody business in 2003, SPD Bank has successively obtained 14 custody business qualifications approved by the regulatory authorities; asset custody services have covered securities investment funds, industrial investment funds, social security funds, trust assets, special funds, entrusted assets, and insurance It has nearly 20 types of custody services in 8 categories and different categories in different fields and different properties, such as overseas investment assets. It is currently one of the banks with the most qualified custody business qualifications and the most complete custody product line in China.
The above information source "Venture Investment" is authorized by the China Venture Capital Research Institute (CVCRI) to publish it. All rights reserved. Please indicate the source when reprinting.

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