Click here for a larger version.
The announcement this week that China has launched a state enterprise restructuring fund targeting 350 billion yuan ($52.5 billion; €46.7 billion) will shake up the list of the country’s biggest fundraisers.
The largest fund to have been raised in China is the Taoshi Energy Equity Investment Fund I, which closed at over $3 billion, while the top 10 fund managers account for 40 percent of all China-based fundraising, according to PEI data. These will both be radically changed by the arrival of a fund overseen by the state-run Assets Supervision and Administration Commission.
Of the five leading China-based funds in market without government backing – GSR Global M&A Fund being the most ambitious with a target of $5 billion –just one was launched by a fund manager in the current top 10.
If you do not receive this within five minutes, please try to sign in again. If the problem persists, please email: 
