China's Yingke raises $1.5b technology, healthcare fund
Shanghai-based Yingke Private Equity has raised RMB10 billion ($1.5 billion) for a fund that will focus on core technology and biomedical science assets in China.
The Yingke China Core Asset Strategic Allocation Fund launched in August and received backing from LPs including financial institutions, state-owned enterprises, and local government investment vehicles....
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