With Geoffrey Chan, Dean Collins, Lawrence Sussman, Xuan Zhang
In an exciting new development for the Chinese private equity industry, Chinese insurance companies will be officially permitted to make private equity investments, including through funds managed by third parties, when the Provisional Measures on Administration of Operation of Insurance Capital issued by the China Insurance Regulatory Commission ("CIRC") on August 5, 2010 (the "Measures"), come into effect on August 31, 2010.