Business stars are big attraction of Star Capital fund

Star Capital, backed by a clutch of China's super-rich, including Jack Ma Yun and Guo Guangchang, is well on its way to raising the mainland's largest private equity property fund, with a target of up to six billion yuan (HK$7.52 billion).

It also plans to launch a property fund in Hong Kong, hoping to attract as much as US$200 million in offshore capital seeking investments in the mainland's property market.

via Business feed http://www.scmp.com/business/china-business/article/1246820/business-stars-are-big-attraction-star-capital-fund