Blue Pool Capital private equity fund ambitions are expanding as the Hong Kong-based family office of Alibaba co-founder Joseph Tsai launches fundraising for its first private equity vehicle open to external investors, with a target of USD750m. The Riverside fund will pursue majority or minority stakes in mid-sized businesses valued at USD100m to USD1bn across high-end retail, fintech, digital banking, payments, and AI-enabled software. The move marks a strategic shift for Bl

Sovereign wealth funds globally are increasing allocations to Chinese assets, drawn by the country’s strengths in digital technology,...