ZWC hits $400m first close on China fund
Chinese venture capital firm ZWC Partners has completed a first close of $400 million on its second US dollar-denominated fund. The full target is $450 million.
The GP, founded in 2015, has more than $1.5 billion in assets under management. This includes a debut US dollar vehicle of $150 million and various project funds raised over the years. ZWC is also currently...
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