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Shunwei Capital Raises $1.21B Fourth Fund

Shunwei Capital, which counts Xiaomi founder Lei Jun as a co-founder, has raised US$1.21 billion for its fourth fund, the firm announced today.

The new fund brings the firm’s total asset-under-management to US$2.96 billion across four US Dollar funds and RMB2 billion in two RMB funds

Full story to follow.

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