The China Capital Partners Fund (“CCP Fund”) was established in October 2005 and targets strategic investments in property projects and land parcels in China with a primary focus on structural investment products such as mezzanine and subordinated corporate debt. The CCP Fund has a committed capital of US$80.0 million. We hold a 25.0% effective interest in the manager of the CCP Fund. An affiliate of Credit Suisse is the main investor in the CCP Fund as well as the main shareholder of the manager of the fund.