Tembusu Partners, Bona Film Launch $100M Media Fund

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Singapore-based private equity firm Tembusu Partners and Yu Dong, chairman of NASDAQ-listed Chinese firm distributor Bona Film Group Limited, have launched a US$100 million investment fund to invest in China’s media and entertainment industry, according to an emailed statement.

Singaporean media entrepreneur Calvin Cheng is also a backer of the fund, which is to be based in Singapore. Cheng put the deal together.

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