Co-funded by Chengdu Yinke Entrepreneur Investment Co., Ltd., Korean KTB Ventures and KDB Bank, KaiboYinke Investment Enterprise, a RMB Fund established in Chengdu, celebrated its grand opening on 21st January. It is also the first entrepreneur investment venture funded by KDB Bank, Korea.
It is said that Kaibo Yinke has already raised RMB 500 million funds by now. This fund will be focus on the investments in such areas as new industry, medical consumption, modern agriculture, and advanced manufacture industry, etc.
KTB Ventures is the largest private equity group in South Korea, with around $11 billion worldwide assets under management.