
China's Welkin Capital targets London IPO

China-focused Welkin Capital is looking to raise up to USD 300m through an IPO for a London-listed investment entity seeded with assets from its debut private equity fund, which closed in 2017.
It is claimed that Welkin China Private Equity (WCPE) will become the first closed-ended investment company listed on the London Stock Exchange dedicated to investing in privately held Chinese companies....
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