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Sign in Sign up for a FREE subscriptionWarburg-backed D&J China to launch $1.45b industrial park fund
D&J Industrial Property Investment has launched an investment fund with AVIC Trust to invest in industrial infrastructure in China. The fund will invest business parks, R&D parks and production facilities.
The D&J Zhiyan Equity Investment Fund, China’s first U.S. dollar and Chinese renminbi hybrid fund dedicated to investing in industrial infrastructure, has an initial equity capitalization of $1.45 billion and will mainly invest in modern integrated industrial parks in China’s major cities.
“Driven by a strong trend for industrial upgrade, continued urbanization and rise of the knowledge economy, the fund will invest in quality assets and provide modern infrastructure services for corporates and manufacturers across the entire industry value chain,” said Sun Dongping, co-founder and chairman of D&J China, in a statement.
D&J China was co-founded by Warburg Pincus and Sun in 2014. Sun also is chairman and CE
