https://m.sfgate.com/news/article/Husband-invested-in-China-as-Feinstein-pushed-3051244.php
Public records show a venture capital firm backed by Blum's investment bank owns millions of dollars worth of stock in corporations doing business in China.
The firm is Newbridge Capital, a joint venture between Richard C. Blum & Associates and another firm called Texas Pacific Group. It maintains an office in Shanghai for an affiliate called Newbridge Asia, public records show.
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Two are companies headquartered in Hong Kong: Kerry Properties, a realty firm that is building highrise hotels and apartment complexes in China; and Asiacontent.com, which is establishing U.S.-style Web sites for Internet users in China. Another is IAsiaworks of San Mateo, which hopes to wire China for the
Internet.
Three others are partly owned or founded by the government of China: Zhongxing Suntek Data Communications Corp., a joint venture involving one of China's leading telecom manufacturers; China Civilink Ltd., China's biggest dot-com; and North Dragon Iron & Steel Works, a Manchurian mining operation.
Venture capital experts said Blum's joint venture, Newbridge Capital, could expect hefty fees for managing the investment fund - as much as $17 million per year.