Following on from the €500mn Sino French (Midcap) Fund, Sino French Midcap Fund II will mainly be focusing on high-growth-potential MSEs, creation of value and development on the international scene. Most of its investments will be in China and France, with small investments also a possibility elsewhere in Europe and in North America. The fund aims to extend the activities of companies it assists beyond their domestic markets.
Sino French Midcap Fund II hopes to attract other French, Chinese and international institutional investors. In order to contribute to internationalisation of the renminbi (RMB), China’s official currency, and promote France’s positioning as a global hub for commercial and financial transactions in RMB, the fund will also open its doors to investors in RMB.