SIG's Beautiful Mind European M&A Fund inaugurated
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On February 2, British Prime Minister Theresa May attended the Financial Services Roundtable at the headquarters of SPD Bank in the Bund. The inaugural ceremony of Beautiful Mind European M&A Fund under Shanghai International Group (SIG) was held concurrently.
As part of the close financial cooperation between the UK and Shanghai, Shanghai Beautiful Mind Equity Investment Management Co., Ltd., a subsidiary of Shanghai Guohe Capital, initiated Beautiful Mind European M&A Fund. As the first cross-border M&A fund featuring dual headquarters and engines, the fund will, under the "Belt and Road" Initiative, guide social capital in merging and acquiring European enterprises with technology and market superiorities in pharmaceuticals and medicine, environmental protection and other advanced manufacturing industries.
Liam Fox, British Secretary of State for International Trade; Barbara Woodward, British Ambassador to China; John Edwards, British Consul-General in Shanghai; Fu Fan, President of SIG; Gao Guofu, Chairman of SPD Bank; Gu Jianzhong, Vice President of SIG and Chairman of Shanghai Guohe Capital; and other executives attended the inaugural ceremony.
By investing in European quality assets and enterprises, the fund will help Chinese enterprises with industrial capacity connection, technology connection and industrial collaboration, achieve the goal of "Intelligent Manufacturing of China 2025 ", and be of far-reaching significance to further strengthening the economic and trade cooperation between Shanghai and London.
