Shenzhen Qianhai Fund-of-funds has been established today with RMB21.5 billion (US$3.3 billion) in total capital commitments. It is the largest commercial fund-of-funds entity in China, according to Chinese media reports. The fund-of-funds attracted well-known Chinese investors as limited partners, including Neil Shen, managing partner of Sequoia Capital China, Xiong Xiaoge, founding partner of IDG Greater […]

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