Shiyu Capital closes second renminbi fund at $477m
Shiyu Capital, which focuses on growth-stage investments in Chinese healthcare companies, has closed its second renminbi-denominated fund at RMB3.2 billion ($477 million), beating the RMB3 billion target.
LPs in Danqing Innovation Medical Investment Fund II fund-of-funds, government guidance funds, insurance companies, listed domestic and overseas pharmaceutical companies, and high net worth individuals,...
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