Gobi reaches $256m target for Greater Bay Area fund
Gobi Partners has reached its HKD 2bn (USD 256m) target for AEF Greater Bay Area (GBA) Fund, the successor to Alibaba Hong Kong Entrepreneurs Fund, according to Chibo Tang, a managing partner with the firm.
The fund - which hit a first close of USD 100m in June 2021 and had raised USD 120m as of February 2022 - will remain open for small cheques from additional LPs until year-end, he told Mergermarket, AVCJ's...
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