Tsinghua Holdings, Shengjing launch overseas VC fund-of-funds
Shengjing Group, a Chinese investment advisor, has partnered with Tsinghua Holdings to launch a $300 million fund-of-funds to invest in venture capital overseas.
The fund, Shengjing Overseas FoF 2016, will deploy $270 million in funds managed by VC firms based in Israel and the US, Shengjing said at the Zhongguancun International Start-up Festival in Beijing. The...
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