Investments

New fund to tap China’s consumption theme

RJ Capital Group and Tempus Holdings have founded TBRJ Asset Management, with plans to launch a new USD300 million fund focused on the consumption upgrade trend in Mainland China.

China’s Tempus Group will provide full support in terms of capital and industry resources.

The first fund will focus on sectors such as travel, leisure and cross-border consumer trading and logistics. 

It is seeking investment targets that may have potential synergies with Tempus Group, especially international companies that have a solid operation base, powerful brand and strong management team.

"The establishment of the M&A fund is an important strategic decision for both Tempus and RJ… which will open a new chapter of overseas M&A and capital management for Tempus Group,” said Jacky Huang, director of Tempus Group and vice chairman of Tempus Holdings.