Risk capital takes action! Set up an equity fund focusing on investing in long-term rental apartments.

Journalists found that recently, Tianjin Jiayu Equity Investment Fund Partnership Enterprise was established. Its executive affairs partner is Shengding Private Equity Fund Management Co., Ltd., which is 100% owned by Dajia Insurance Group's alternative asset investment management platform and non-insurance company shareholding platform - Dajia Investment Holdings. The equity fund has a capital contribution of 4.5 billion yuan, with capital contributors including five insurance companies: Dajia Life, Friends Provident Life, BOC-Prudential Life, Zhonghong Life, and Fosun Prudential Life. According to insiders from the insurance industry, the fund mainly focuses on investments in the long-rental apartment sector. Industry insiders say that in recent years, there has been an accelerated trend of insurers investing in the long-rental apartment sector. Long-rental apartment assets generally have attributes such as long cycles, low volatility, stable and predictable cash flow, which match the long-term and stable demands of insurers. At the same time, there is increasing policy support, gradually improving the chain from project acquisition, development, operation to exit. Insurers have played important roles in several large-scale housing rental transactions disclosed this year.