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Ping An Ventures to raise up to US$1.3b for healthcare investments

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Ping An Insurance, China’s largest insurer by market value, is looking to boost its direct investments and expertise in the healthcare industry.

Hong Kong

THE venture capital arm of China's largest insurer, Ping An, is targeting to raise up to US$1.3 billion in two healthcare-focused funds that will seek growth-stage and pre-IPO investments, said a person with direct knowledge of the matter.

Ping An Ventures, set up in 2012

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