Caught between Beijing and Washington, PE majors split China-US teams

Caught between Beijing and Washington, PE majors split China-US teams

FILE PHOTO: The flags of the United States and China fly from a lamppost in the Chinatown neighborhood of Boston, Massachusetts, U.S., November 1, 2021. REUTERS/Brian Snyder/File Photo

China’s private equity market has faced heightened geopolitical risk since last year and as a result, many multinational private equity companies have had to split their Chinese and American investment teams and asset portfolios or refocus their Asia strategies.

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