Dec 16, 2021 06:25 AM

FINANCE

Exclusive: Private Equity Tycoon Unseen for Two Weeks

By Yue Yue and Han Wei

Wang Chaoyong

Wang Chaoyong

Wang Chaoyong, a Chinese private equity tycoon who founded Chinaequity Investment Co. Ltd., has disappeared from public for two weeks with the company ensnared in regulatory probes into a range of alleged misconduct.

Wang, 56, is the founding chairman and CEO of Chinaequity, which manages more than $1.7 billion. Wang was sought by police Nov. 30 in Beijing and has since lost contact, people familiar with the matter told Caixin.

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