
Jinqiao launches first Inner Mongolian fund
Jinqiao Venture Capital Fund, a Chinese VC firm, has committed RMB60 million ($8.8 million) to a vehicle which is the first private equity fund in Inner Mongolia, targeting to raise up to RMB200 billion ($29.4 million).
The fund was said to seek investment opportunities in high-growth sectors, including education and high-tech companies. According to the economic and commercial department of Inner Mongolia, the fund...
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