Millionaire investment banker Jacob Rothschild has launched a $750m private equity fund giving Chinese investors access to international opportunities.

The fund is to take ‘significant’ unleveraged minority stakes in international companies with a focus on clean technology, the green economy, healthcare, natural resources and luxury goods.
J Rothschild Capital Management subsidiary RIT Capital Partners is to establish a joint venture management company to manage the fund, alongside the Creat Group and Quercus Ventures.
The vehicle is the first to give Chinese investors the chance to invest in overseas companies through an international private equity structure.
RIT Capital and Creat are both committing seed capital to the fund, with commitments expected to come from members of China International Chamber of Commerce for the Private Sector, recently formed to catalyse overseas investment by mainland Chinese enterprises.
Lord Rothschild said that the fund could also give international companies the opportunity to gain a foothold in the Chinese market.
He said, ‘This unique venture will allow China’s private sector to invest in Western companies, whilst providing opportunities for Western companies to enter China’s rapidly growing and vibrant economy.’