CHINA-BASED GLOBAL PLATFORM FOR GPs & LPs
REGISTER NOW !
CHINA-BASED
GLOBAL PLATFORM
FOR GPs & LPs
E-mail adress
Password
l read and agree to
Terms&Conditions
Create a new account Sign up!
Forget Password
CHINA-BASED
GLOBAL PLATFORM
FOR GPs & LPs
Name
Surname
E-mail address
Password
Confirm password
l read and agree to
Terms&Conditions
Already have an account? Sign in!
Please go to the mailbox to approve the registration
CHINA-BASED
GLOBAL PLATFORM
FOR GPs & LPs
FOF WEEKLY Account terms of service
1. Members registered in this website must abide by the provisions on the administration of Internet electronic announcement service, and shall not publish information such as defamation of others, invasion of others' privacy, infringement of others' intellectual property rights, spread of viruses, political speech, commercial information, etc.
2, in all the articles published in the site, the site has the final right to edit, and reserve the right to print or publish to a third party, if your information is not complete, we will have the right to use your work published in the site without any notice.
3. During the registration process, you will choose the registration name and password. The choice of registration name shall comply with laws, regulations and social ethics. You must keep your password confidential and you will be responsible for all activities that take place under your registered name and password.
Already have an account? Sign in!
E-mail adress

PE Weekly | News and Events in Chinese PE Market (2021.3.1-2021.3.7)

FOF Weekly Updated March 07, 2021

This week (2021.3.1-2021.3.7), PE Weekly covers Fundraising news on PE market.

Fundraising

China’s Tongling City Welcomes a $92.4 Million Fund

5 March 2021----Founder H Fund Co., Ltd, a wholly-owned subsidiary of Founder Securities Co., Ltd, partners with Lhasa Xingqing Network Technology Co., Ltd and Tongling Economic and Technology Development Area Committee to co-launch a CNY 600 million ($92.4 million) fund to make equity investments in non-listed corporates and capital increase in listed companies in the area and beyond. Read more…

China’s Jiangsu Province Set up $154 Million Fund for Time-Honored Enterprises

5 March 2021----Jiangsu Government Investment Fund (JSGIF) has joined hands with state-owned enterprises in Jiangxi District and Wuxi City as well as top time-honored enterprises in the province to debut a CNY 1-billion ($153.8 million) fund to promote the transformation and upgrading of local premium time-honored enterprises. Read more…

China’s Weifu Co-Launches $308M Fund for Automotive Industry

2 March 2021----Weifu High Technology Co., Ltd, a Chinese automotive component manufacturer, announced to commit CNY 150 million ($23.1 million) to the new fund targeting CNY 2 billion ($307.8 million) in partnership with SAIC Equity Investment Co., Ltd. The fund eyes on the investments in automotive industrial chain with the focus on new materials, semiconductors, and information security related to automobile electronics and new energy vehicle. Read more…

China’s Addor Capital Closes Second Health Industry Fund at $241 Million

2 March, 2021----Addor Capital, a Chinese venture capital firm, announced the completion of its second health industry investment fund at CNY 1.557 billion ($240.8 million) to step up investments in big health industries including biomedicine, medical equipments, health care. The fund has secured capital from government guiding funds, state-owned capital, high net worth individuals as well as professional industry investors. Read more…

Shenzhen Angel FOF Commits $3.1 Million to Co-Launch Investment Fund

1 March, 2021----Firerock Holdings has announced the partnership with Shenzhen Angel FOF and Shenzhen Qianhai Tongfu Equity Investment Management Co., Ltd to launch a CNY 51-million fund ($7.9 million), to which Shenzhen Angel FOF commits CNY 20.4 million ($3.1 million) and Shenzhen Fire Element Co., Ltd, a subsidiary of Firerock, commits CNY 30 million ($4.6 million). Read more…

China’s Legend Capital Launches Sixth RMB Fund, Looks to Raise $1.5 Billion

1 March, 2021----Legend Capital, a Chinese venture capital (VC) and private equity (PE) fund manager, has debuted its sixth RMB-denominated fund in eastern China’s Suzhou City, Jiangsu Province targeting CNY 10 billion ($1.5 billion). The new fund has already received a capital commitment from the state-owned enterprise Xiangcheng Financial Holdings, which made the investment through its fund of funds. The fund was launched for investment opportunities in industries including semiconductors and integrated circuits, new energy vehicles, and consumer electronics. Read more…


Recommended reading
Stop Thinking You’re Elon Musk: The True Art of Investment Management
PE Weekly | News and Events in Chinese PE Market (2021.7.19-2021.7.25)
How to Exit Venture Capital Investments Successfully
PE Weekly | News and Events in Chinese PE Market (2021.7.12-2021.7.18)
REGISTER NOW !
CHINA-BASED
GLOBAL PLATFORM
FOR GPs & LPs
E-mail adress
Password
l read and agree to
Terms&Conditions
Create a new account Sign up!
Forget Password
CHINA-BASED
GLOBAL PLATFORM
FOR GPs & LPs
Name
Surname
E-mail address
Password
Confirm password
l read and agree to
Terms&Conditions
Already have an account? Sign in!
Please go to the mailbox to approve the registration
CHINA-BASED
GLOBAL PLATFORM
FOR GPs & LPs
FOF WEEKLY Account terms of service
1. Members registered in this website must abide by the provisions on the administration of Internet electronic announcement service, and shall not publish information such as defamation of others, invasion of others' privacy, infringement of others' intellectual property rights, spread of viruses, political speech, commercial information, etc.
2, in all the articles published in the site, the site has the final right to edit, and reserve the right to print or publish to a third party, if your information is not complete, we will have the right to use your work published in the site without any notice.
3. During the registration process, you will choose the registration name and password. The choice of registration name shall comply with laws, regulations and social ethics. You must keep your password confidential and you will be responsible for all activities that take place under your registered name and password.
Already have an account? Sign in!
E-mail adress

PE Weekly | News and Events in Chinese PE Market (2021.3.1-2021.3.7)

FOF Weekly Updated March 07, 2021

This week (2021.3.1-2021.3.7), PE Weekly covers Fundraising news on PE market.

Fundraising

China’s Tongling City Welcomes a $92.4 Million Fund

5 March 2021----Founder H Fund Co., Ltd, a wholly-owned subsidiary of Founder Securities Co., Ltd, partners with Lhasa Xingqing Network Technology Co., Ltd and Tongling Economic and Technology Development Area Committee to co-launch a CNY 600 million ($92.4 million) fund to make equity investments in non-listed corporates and capital increase in listed companies in the area and beyond. Read more…

China’s Jiangsu Province Set up $154 Million Fund for Time-Honored Enterprises

5 March 2021----Jiangsu Government Investment Fund (JSGIF) has joined hands with state-owned enterprises in Jiangxi District and Wuxi City as well as top time-honored enterprises in the province to debut a CNY 1-billion ($153.8 million) fund to promote the transformation and upgrading of local premium time-honored enterprises. Read more…

China’s Weifu Co-Launches $308M Fund for Automotive Industry

2 March 2021----Weifu High Technology Co., Ltd, a Chinese automotive component manufacturer, announced to commit CNY 150 million ($23.1 million) to the new fund targeting CNY 2 billion ($307.8 million) in partnership with SAIC Equity Investment Co., Ltd. The fund eyes on the investments in automotive industrial chain with the focus on new materials, semiconductors, and information security related to automobile electronics and new energy vehicle. Read more…

China’s Addor Capital Closes Second Health Industry Fund at $241 Million

2 March, 2021----Addor Capital, a Chinese venture capital firm, announced the completion of its second health industry investment fund at CNY 1.557 billion ($240.8 million) to step up investments in big health industries including biomedicine, medical equipments, health care. The fund has secured capital from government guiding funds, state-owned capital, high net worth individuals as well as professional industry investors. Read more…

Shenzhen Angel FOF Commits $3.1 Million to Co-Launch Investment Fund

1 March, 2021----Firerock Holdings has announced the partnership with Shenzhen Angel FOF and Shenzhen Qianhai Tongfu Equity Investment Management Co., Ltd to launch a CNY 51-million fund ($7.9 million), to which Shenzhen Angel FOF commits CNY 20.4 million ($3.1 million) and Shenzhen Fire Element Co., Ltd, a subsidiary of Firerock, commits CNY 30 million ($4.6 million). Read more…

China’s Legend Capital Launches Sixth RMB Fund, Looks to Raise $1.5 Billion

1 March, 2021----Legend Capital, a Chinese venture capital (VC) and private equity (PE) fund manager, has debuted its sixth RMB-denominated fund in eastern China’s Suzhou City, Jiangsu Province targeting CNY 10 billion ($1.5 billion). The new fund has already received a capital commitment from the state-owned enterprise Xiangcheng Financial Holdings, which made the investment through its fund of funds. The fund was launched for investment opportunities in industries including semiconductors and integrated circuits, new energy vehicles, and consumer electronics. Read more…