shanghai dec 16 reuters  dj china an industrial real estate platform cofounded by warburg pincus wpul has merged with logistics property developer and operator new ease china creating an 11 billion group to invest in chinas new economy infrastructure such as refrigerated logistics data centres and life science parks the combined entity named dne group also raised 15 billion from investors including partners group stepstone group and sequoia capital dne said in a statement on thursday warburg pincus also participated in the latest funding round as the us private equity giant steps up investment in chinas new economy infrastructure beijing has positioned new infrastructure construction as a key pillar of its postpandemic economic recovery encouraging big investment in the building blocks of chinas digital future  from data centres to modern manufacturing parks with the continued transformation of chinas economy and the rapid development of new economy we see ample room for growth in the fields of new infrastructure sun dongping ceo of dne said in the statement dne which manages over 11 billion of infrastructure assets has also set up a private equity investment platform to invest in tech companies that complement the ecosystem sun said dj was founded by sun and warburg pincus in 2014 and invests in modern manufacturing parks life science parks and it parks in chinas major cities warburg pincus whose president is former us treasury secretary timothy geithner is also accelerating investment in chinas urban renewal and redevelopment sector