12/10/28 21:33:57.11 q/x8efJU0
＞ He made an even bolder move in 2005, by pushing into private equity
＞ when he formed New Horizon Capital with a group of Chinese-born classmates from Northwestern.
＞ The firm quickly raised $100 million from investors, including SBI Holdings, a division of the
＞ Japanese group SoftBank, and Temasek, the Singapore government investment fund.
＞ (Page 6 of 7)
＞ Under Mr. Wen, New Horizon established itself as a leading private equity firm,
＞ investing in biotech, solar, wind and construction equipment makers.
＞ Since it began operations, the firm has returned about $430 million to investors, a fourfold profit, according to SBI Holdings.