Asian private equity manager Shaw Kwei & Partners has invested US$40 million in Germany's Schmid Group, according to media reports. Representatives at Shaw Kwei & Partners and Schmid Group did not respond to inquiries seeking confirmation of the news. The investment reportedly comes from Shaw Kwei & Partners' third fund, which was raised in 2011. […]

Visit ChinaMoneyNetwork.com for more daily finance news, including audio and video Internet podcasts covering important investment news and financial events in China. Follow us on Twitter @chinamoneypod subscribe to all episodes on iTunes.