Fosun Group, a Chinese technology-driven company that is listed on the Hong Kong Stock Exchange, is seeking $450 million in total for two logistics investment vehicles, Fosun Core Logistics and Fosun Develop-to-Core Logistics.
The company could not be reached to comment on its fundraising efforts.
Launched in November, both funds follow a core investment strategy and are seeking capital to invest in logistics, industrial and warehouse assets across Asia.
Fosun Core Logistics is targeting $200 million, and Fosun Develop-to-Core Logistics is looking to raise $250 million.
The company is reportedly seeking offshore capital commitments for the investment vehicles.
