(The Wall Street Journal) - Two senior Goldman Sachs bankers are teaming up to run a new $2bn (â¬1.4bn) private-equity fund aimed at landing big deals in China.
Richard Ong, Goldman's co-head of investment banking in Asia excluding Japan, who is leaving the bank in March, plans to work with Goldman's China partner, Fang Fenglei, on the new venture, called the Hopu Fund, according to people familiar with the situation.
