China's Oceanpine raises $312m for renminbi hard-tech fund
Chinese technology and healthcare investor Oceanpine Capital has closed its Hardcore Technology Investment Fund on RMB2 billion ($312 million). LPs include government guidance funds and fund-of-funds in Suzhou, where the new vehicle is based.
In the space of three months, the GP launched the fund, achieved a first and final close, and called 30% of the corpus for deployment, which it believes represents a new speed record for China's venture...
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