Sequoia Capital invests in Noah, a Chinese wealth management co.

Sequoia Capital has invested a Shanghai wealth management company Noah Private Wealth Management Centre, getting about 20 percent of the company for a $5 million investment, according to Reuters. It is considering a public listing in the U.S., according to the piece.

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Matt Marshall is editor and CEO of VentureBeat. Follow him on Twitter at @mmarshall, and follow VentureBeat on Twitter at @venturebeat.