China's Oceanpine Capital closes RMB fund at $313m for deep tech bets
Images Of Chinese Yuan Banknotes. Photo: Reuters June 4, 2021 Chinese investment firm Oceanpine Capital has closed a new RMB-denominated fund at 2 billion yuan ($313.4 million) as it seeks to up the ante on deep technology investments. The fund was closed within three months of its launch, Oceanpine said in a WeChat post on Wednesday. The new vehicle secured commitments from local government-guided funds, funds of funds (FOFs), and deep tech companies. It has already collected 30% of committed ...
Source: dealstreetasia.com