China set to invest millions in Ireland
Deals to be announced as Irish firms meet with China delegation.
The $100 million Chinese state-backed investment fund Summit Bridge Capital is ready to sign deals on several investments in Irish companies, with official announcements expected in July and August.
Summit Bridge is a partnership between Irish and Silicon Valley venture fund Atlantic Bridge, and experienced China investor West Summit, along with Chinese state-owned China Investment Corporation, a giant sovereign investor with €400 billion of assets under management.
Members of Summit Bridge’s Chinese team have been in...
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