General Atlantic unveils new $400M partnership in China
August 30, 2016
Shanghai, China | PE Growth
General Atlantic has partnered with online travel agency Ctrip to form Ocean Link, a new private equity investor focused on the travel and tourism industry in China. The venture has launched with a debut fund totaling $400 million in commitments, according to The Wall Street Journal. Ocean Link's early investments include Joint Wisdom, a provider of data analytics for the hotel industry, and Ruby Hotels, a Europe-based chain with plans for Asian expansion.