China's Ping An Ventures said to be raising up to $1.3b for healthcare funds

China's Ping An Ventures said to be raising up to $1.3b for healthcare funds

Source: Reuters

The venture capital arm of China’s largest insurer, Ping An, is targeting raising up to $1.3 billion in two healthcare-focused funds that will seek growth-stage and pre-IPO investments, said a person with direct knowledge of the matter.

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