General Atlantic, the US buyout firm known for big bets on ByteDance and fast-fashion retailer Shein, said China remains a top investment destination even as the clash between Beijing and Washington prompts other western groups to pull back.
Gabriel Caillaux, the firm’s co-president, told a SuperReturn conference panel in Berlin this week that China is “the most attractive” place to put money, particularly for faster-growing companies, and that it is seeking new targets.
General Atlantic’s public enthusiasm for China comes the same week that Sequoia Capital, one of its closest competitors, said it would split its US and China operations as tensions between the world’s two largest economies show little sign of easing.
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