Keide Investment teamed up with an insurance company to establish the first domestic parent fund.

On May 21, real estate asset management company Keppel Investment established its first onshore parent fund in China- the Keppel Investment Renminbi Parent Fund, with a total committed capital of 5 billion RMB. After the parent fund completes its investments, it is expected to contribute 20 billion RMB to Keppel Investment's fund asset management scale. It is reported that Keppel Investment has introduced domestic insurance institutions as the main investors of the parent fund this time.