YaleFunds Management and Research Co. Launches Chinese Operation

YaleFunds Management and Research Co. launches one of the first Venture Capital funds in China.

Las Vegas -- YaleFunds Management and Research Co. (YaleFunds), A Registered Investment Advisor (RIA) company, is opening a Chinese operation in Shenzhen, China. It will be a joint venture between YaleFunds Management and Research Co. and Zhongte Investment Group (ZIG).

This development is the latest step in YaleFunds Management and Research Co.s international expansion plans.

As the result of this joint venture agreement, YaleFunds and ZIG will be co-managers of a series of private equity funds investing in China.

We are among the first group of international investment companies to enter this newly opened Chinese marketplace," said Y. Yale Wang, the CEO of YaleFunds Management and Research Co., commenting on the Venture Series A, Major financial companies around the world have long been awaiting the Chinese government to open up its potentially enormous domestic market to foreigners and it finally took place in September (2002)," Wang continues. "Since then, Citibank, J.P. Morgan and Franklin Templeton have formed joint ventures with Chinese State-owned financial management companies. By teaming up with ZIG, the oldest and the largest privately-owned professional Private Equity Investment company in China, we are well positioned to become a major player in the Private Equity market in China for the years to come."

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About:
YaleFunds Management and Research Co., a Registered Investment Advisor (RIA), manages private equity funds and provides customized private wealth management to qualified individual, trust, and corporate investors. The companys headquarter is in Las Vegas, Nevada, U.S.A. For more information about YaleFunds products and services, please visit www.upupupup.com or www.yalefunds.com.

Zhongte Investment Group (ZIG) was founded in February, 1995. ZIG is the first private venture capital investment company established in China. Today, ZIG boasts a first-class team of top-notch professionals and is poised to be the leader in fully exploring the dynamic new market opportunities in multiple industrial sectors. With total assets of over three billion RMB, Zhongte Investment Group is headquartered in Wuhan, China.