FountainVest 是从淡马锡辞职的唐葵和他的三位同事创建的新的PE基金，目前得到加拿大养老金计划投资委员会和淡马锡的注资。双方各自出资2亿美元。基金在上海和香港设有办事处。

PRESS RELEASE

The Canada Pension Plan Investment Board, the investment management organization that invests the reserve fund assets of the Canada Pension Plan, and Teachers’ Private Capital, the private investment arm of the Ontario Teachers’ Pension Plan, announced today they are investing US$200 million each in FountainVest, a newly-established private equity fund focused on investing in private enterprises in China.The CPP Investment Board and Teachers’ Private Capital jointly co-sponsored the fund. The FountainVest fund will focus on investment opportunities in private enterprises that can benefit from both earnings growth and expansion.Mark Wiseman, senior vice-president for Private Investments with the CPP Investment Board said, “We are pleased to be partnering with one of the top fund managers in China, which is itself a rapidly evolving market for private equity. This investment, which is one of our largest in the region, will provide enhanced access to investment opportunities in mainland China through an aligned and well-positioned partner. Including the FountainVest investment, the CPPIB now has over C$1 billion committed to private equity and real estate investments in the region.”Erol Uzumeri, senior vice-president of Teachers’ Private Capital said, “This new fund combines a proven local management team with dedicated capital to take advantage of the large market and growth potential in China. We’ve been an investor in Asia since 1994 and continue to look for opportunities to back the best local teams to help us invest in the region.” He added Teachers’ Private Capital has C$1 billion invested and committed to the Asian region.With a presence in Shanghai and Hong Kong, the management team of FountainVest is made up of four senior professionals with international investment experience and a strong track record of investing in China. They are Chinese natives with past experience at such organizations as Temasek Holdings, Goldman Sachs and JP Morgan Partners.About CPP Investment Board

The CPP Investment Board invests the funds not needed by the Canada Pension Plan to pay current benefits on behalf of 17 million Canadian contributors and beneficiaries. In order to build a diversified portfolio of CPP assets, the CPP Investment Board is investing in publicly-traded stocks, private equities, real estate, inflation-linked bonds, infrastructure and fixed income. Based in Toronto, the CPP Investment Board is governed and managed independently of the Canada Pension Plan and at arm’s length from governments. At December 31, 2007, the CPP Fund totaled C$119.4 billion of which C$20.2 billion is invested in private investments.

For more information about the CPP Investment Board, visit www.cppib.ca.

About Teachers’ Private Capital

With C$17 billion in invested and committed capital globally, Teachers’ Private Capital is ranked 20th in the world in total capital deployed over the past five years (February 2002 - April 2007) by Private Equity International in its PEI 50 ranking of the world’s largest private equity firms. Teachers’ Private Capital is the private investment arm of the Ontario Teachers’ Pension Plan, the largest single-profession pension plan in Canada with C$106 billion in net assets at December 31, 2006. The Ontario Teachers’ Pension Plan is an independent corporation responsible for investing the fund and administering the pensions of Ontario’s 271,000 active and retired teachers.

For more information, visit www.otpp.com.

中文报道请参考FT的文章

加拿大的两只养老基金与新加坡的淡马锡（Temasek）决定，将为一个备受关注的、寻求在华投资的私人股本基金提供资金支持。此举突出表明，海外对这个新兴领域的兴趣与日俱增。
　　唐葵（Frank Tang）与三位淡马锡前同事去年辞职，成立了FountainVest基金，瞄准中国大陆中端市场的机遇。这四个人以前都供职于新加坡国有投资机构淡马锡的中国团队。

　　据知情人士称，加拿大养老金（Canada Pension Plan）、安大略省教师养老金（Ontario Teachers’ Pension Plan）和淡马锡已经成为FountainVest的首批投资者，承诺提供总计为4.5亿美元的资金。

　　根据潜在投资者由简报得知的计划内容，这只位于沪港两地的基金还要再寻求3亿美元资金。唐葵拒绝对此置评。

　　在中国，某些外国支持的交易遭到了民族主义者的反对，而官方对于人民币基金又越来越鼓励。与此同时，全球对中国私人股本行业的兴趣日益增加。

　　中国最近发布的政府监管规定，鼓励创立能与全球巨头抗衡的当地私人股本公司，而被视为国民且使用人民币交易的投资者，其面对的监管审查预计也会相对较少。

　　淡马锡还向方风雷最近成立的一家专注中国业务的私人股本基金投资了10亿美元。方风雷是高盛（Goldman Sachs）在中国关键的投资银行业务合伙人，去年9月，他放弃了合资企业的全职工作，把精力集中在新公司上。

　　据亚洲私人股本研究中心（Centre for Asia Private Equity Research）的数据显示，去年，中国私人股本基金获得的资金承诺为69亿美元，高于2006年的58亿美元。虽然基础很低，但中国的私营机构与国家支持机构都在把更多的资金投向这个领域。

　　唐葵出生于上海，2005年从高盛加入淡马锡，并为淡马锡建立了广泛的中国投资组合。

　　FountainVest的投资理念将大量借鉴淡马锡。近年来，淡马锡已将投资组合多样化，从新加坡转向亚洲所谓的”新兴冠军企业”。

　　分析人士指出，很多交易撮合人都在考虑从目前的职位辞职，转而成立中国私人股本公司。