ARC China Announced New Private Equity Platform
In December of 2009, ARC China announced the launch of their RMB private equity platform. ARC China, with founder and CEO Adam Roseman, partnered with the People Republic of China’s National Development and Reform Commission International Cooperation Center. In addition, they partnered with the Westly Group, a venture capital firm based in California led by Steve Westly and Mike Dorsey.
This fund management platform includes a collection of RMB funds with local Tier II and Tier III partner in each region and focuses on investments in entrepreneur-owned businesses. These businesses can expect to receive capital, extra corporate governance, and an international network and institutional management sophistication from the ARC China team.
As Adam Roseman ARC China explains, “ARC China is pleased to announce its partnership with one of the important government entities and a leading venture capital on the rollout of its RMB fund management platform. We believe that with the launch of this fund management platform, we are well positioned to establish our position as a leading investment firm in the highest growth sectors and regions of the PRC, the world’s primary growth engine of the 21st Century.”
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