A private equity investor and former Wall Street banker has reportedly gone missing following a probe into alleged misconduct.
Wang Chaoyong, the founder of ChinaEquity Investment Co., has disappeared from public for more than two weeks, according to a «Caixin» report citing unnamed sources.
The 56-year old was sought by police on November 30 and was last seen in his Beijing central business district office on the afternoon of November 29.
According to ChinaEquity’s website, Wang had previously worked at J.P. Morgan and Morgan Stanley.
Established in 1999 as one of China’s earliest private equity and venture capital firms, ChinaEquity has 11.2 billion yuan ($1.8 billion) of assets under management, as of 2020-end, across 36 U.S. dollar and renminbi-denominated funds.
