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TodayIR: Sun Hung Kai & Co. Builds Momentum by Announcing USUSD15m in Investment in E15VC Fund Advisors


TodayIR: Sun Hung Kai & Co. Builds Momentum by Announcing USUSD15m in Investment in E15VC Fund Advisors
For immediate release: 25 January 2021, Hong Kong
Sun Hung Kai & Co. Builds Momentum by Announcing USUSD15m in Investment in E15VC Fund Advisors
Sun Hung Kai & Co. Limited (SEHK: 86) ( SHK & Co. ) today announces a partnership and commitment of USUSD15 million with global technology venture capital firm E15VC.
This follows the announcement last week of SHK & Co. s USUSD150m seeding partnership with East Point Asset Management. Both have been conducted through SHK & Co. s funds management platform.
This partnership closes E15VC s second fund at USUSD32m. E15VC has demonstrated a strong track-record from its first fund of investing in entrepreneurs who focus on addressing significant problems, in tech, in healthcare, and in deep tech. The Hong Kong-based firm has successfully invested in many innovative companies including Vicarious Surgical, Home Bay, ....

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