Rui Fang (Shanghai) Private Equity Fund issued an announcement that the company and its core team members will invest 500 million yuan in its own products within two weeks, setting a new record for a single self-subscription by a private fund.

Using their own funds.

Self-subscriptions by private funds are already rare, and single subscriptions of 500 million yuan are even rarer. The announcement said the reason was confidence in the team’s active management capabilities.

#Finance