Tembusu Partners fund to invest in China baijiu development
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Genevieve Cua
Singapore
CHINA's fiery Moutai baijiu, distilled from red sorghum grain, has been on investors' radar in recent years, either as a stock or a collectible via aged, special edition bottles. Now, they can also participate through a fund.
Private equity firm Tembusu Partners has launched its first China Guizhou Baijiu Fund, with the Renhuai city government-linked Renhuai Moutai Flavor Liquor Industry Development & Investment Co (Jiutou) as a strategic partner.
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