SMC Capital China (“SMC3”), one of China’s leading growth capital private equity firms, and part of Simon Murray Group (“SMG”), announced today that its executive Chairman, Mr. Simon Murray, has been appointed non-executive Chairman of the Board of Directors of Glencore International (“Glencore”), the world’s largest diversified commodities trader. In 2010, Glencore reported consolidated turnover of USD145bn. Glencore has announced plans to r..
Read More »Simon Murray has been named chairman of Glencore.Top commodities trader Glencore has named Simon Murray, South Pole adventurer and former Vodafone board member, as its non-executive chairman.Glencore, the world’s largest diversified commodities trader, earlier unveiled plans for an initial public offering that will value it at around US$60-billion but did not name an independent chairman, something it needs before it can complete the planned list..
Read More »In Dalian’s 12th five year plan, Dalian equity investment industry is expected to reach the scale of hundreds of billions of RMB within in next five years. This then begs questions such as: What advantages does Dalian offer to equity investors? For companies seeking investment in Dalian, what benefits can they gain from such investment? How do they attract the attention of investors? In order to answer these questions and inspire Dalian enter..
Read More »Win-win in WuhanChinese industry incentives: Evergreen Solar is moving its PV manufacturing plant from Devens, USA, to Wuhan, China. It’s sad for Massachusetts, but the move is understandable: China is offering generous support for high-tech ventures, especially in the clean tech space.We in the solar industry have become used to national measures to support this industry as it matures and lowers its production costs to become increasingly compet..
Read More »On Oct. 19th, Dalian city Deputy Mayor Xiao Shengfeng met with Mr. Simon Murray, President of Simon Murray Group (“SMG”); Director of Dalian Huayuankou Economic Zone Management Committee, Dong Chengfa, also attended the meeting.Xiao Shengfeng said, Dalian’s development is currently guided by investment, and the city government is actively encouraging and promoting the development of the PE industry, with plans to implement the “1+10+N” equity in..
Read More »The group of investors in Wuxi has been strengthened.Five investment funds focusing on startups were successfully established in Wuxi. With proprietary advantages in financial comprehensive platform and resources, Wuxi Guolian Development (Group) Co., Ltd succeeded in introducing five investment institutions to form various investment funds for ventures. The total funds raised exceeds RMB 1.4 billion.The five institutions, registered in Wuxi, wer..
Read More »Simon Murray Group's first RMB 100 million onshore fund targets Wuxi 530 Plan companiesIn 1997, Simon Murray established Simon Murray Group (“SMG”) under his own name, its subsidiaries include USD-denominated GEMS fund and Simon Murray & Company (“SMC”). In the past 12 years, SMG has an AUM of over USD one billion, and has successfully operated many projects like CNOOC and Sino-Forest. It is reported that the rate of return of GEMS has reac..
Read More »It has recently come to our knowledge that our names of “Simon Murray Group(SMC Group)”, “SMC Capital” and Mr. Simon Murray have been misused to conductillegal pyramid sales of virtual currencies so called “SM Coin” (or “M Coin”). Inorder to protect the reputation and legal rights of SMC Group and Mr. SimonMurray, SMC Group hereby declares that, 1. SMC Group severely condemns the misuse of the names of SMC Group and Mr.Simon Murray, and the illeg..
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