Meridian Capital seeks $307m for China VC fund
Meridian Capital, a Chinese technology-focused venture capital firm, is looking to raise RMB2 billion ($307 million) for its latest renminbi-denominated fund.
The vehicle - 825 Fund Two - has secured anchor commitments from Shanghai United Media Group, fund-of-funds Oriza Holdings and Gopher Asset Management, a private equity arm of Noah Holdings. Meridian...
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