
Qiming raises $441m for its sixth renminbi fund

Qiming Venture Partners has closed its sixth renminbi-denominate vehicle at RMB2.85 billion ($441 million), taking the firm's total assets under management to $5.9 billion.
The new fund will follow Qiming's core strategy of targeting early-and growth-stage healthcare and technology, media and telecom (TMT) investments. The firm closed its debut renminbi fund at RMB250...
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