22.43 billion yuan Tencent partners with insurance companies to establish a private equity fund

According to Tianyancha information, Suzhou Kuanyu Equity Investment Fund Partnership has recently been established with a registered capital of approximately 22.43 billion yuan. Its business scope includes engaging in equity investment, investment management, asset management, and other activities through private equity funds. Based on Tianyancha's equity penetration information, the Suzhou Kuanyu Equity Fund is jointly funded by Tencent-related companies Shenzhen Xiaoshu Commercial Management Co., Ltd., Tencent Technology Co., Ltd., and several insurance companies and other enterprises. Among them, Shenzhen Xiaoshu Commercial Management Co., Ltd. accounts for 39.47% of the investment, Tencent Technology Co., Ltd. accounts for 4.93%, Sunshine Life accounts for 19.86%, and Zhongying Life accounts for 2.23%. Industry insiders believe that private equity funds are an important form for insurance funds to engage in long-term equity investment and support the development of the real economy. Against the backdrop of diversified demand for insurance fund allocation, with the continuous improvement of relevant policies and ongoing innovation in fund models, insurance companies will increasingly collaborate with social capital to invest more in the private equity investment market in the future