Filed in archive
Venture Capital
by Greg Cruey on March 12, 2008
Britain's largest private equity firm, Permira, is about to take the plunge into China.
Permira has decided it wants in on the Chinese consumer market, according to This Is Money. The PE firm plans to open an office in Hong Kong in May or June and looks set to devote a fairly large team to China projects.
Shopping, gambling, and cell phone service look as though it will be the three big areas for new projects. Permira head Damon Buffini is moving London retail and leisure specialist James Burrell and German telecoms guru Axel Hefer to Hong Kong for the opening of the office there.
Permira has decided it wants in on the Chinese consumer market, according to This Is Money. The PE firm plans to open an office in Hong Kong in May or June and looks set to devote a fairly large team to China projects.
Shopping, gambling, and cell phone service look as though it will be the three big areas for new projects. Permira head Damon Buffini is moving London retail and leisure specialist James Burrell and German telecoms guru Axel Hefer to Hong Kong for the opening of the office there.
Permalink: Permira Makes China Move
Trackback: http://publish.creative-weblogging.com/publish/mt-tb.pl/116642
Addthis
Ask
Blinklist
del.icio.us
Digg
Fark
Facebook
Google
Lycos
Ma.gnolia
Mr Wong
Netscape
Netvousz
Newsvine
Reddit
StumbleUpon
Slashdot
Tailrank
Technorati
Wink
Yahoo
Vote for Permira Makes China Move:
|
Rating: 4.00 out of 2 vote(s) cast.
|
Subscribe
Use the search to look for other interesting posts
| RSS |  See all blog subscribe options |
 What is RSS? | |
| Yahoo! |
|
| Addthis |
|
| Bloglines |
|
| Newsletter | |
| Follow us on Twitter! |
