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5 May 2017

Ping An to put up $1bn for corporate venturing

The insurance firm, which has had a dedicated venture capital unit since 2012, will invest in healthcare and financial technology developers through the Ping An Global Voyager Fund.

Author: Robert Lavine, News Editor

China-based insurance group Ping An launched a $1bn fund yesterday called Ping An Global Voyager Fund to invest in financial and healthcare technology startups.