Chinese State-Owned NewMargin Ventures Reaches First Close For New Fund At $187M

Login to View

NewMargin Ventures, a Chinese state-owned private equity and venture capital firm, announced on Tuesday that it has launched a new fund to raise a total of RMB10 billion (US$1.49 billion) in southwestern Shenzhen’s Nanshan district, an innovation hub that hosts Chinese tech heavyweights like Tencent and Huawei.

China Money Network

Subscribe & Access the Best Data and Intelligence on Chinese Venture Capital and Tech

Want to read this important story?

Access Over 11,000 stories and data posts over the past 8 years!

Register Now

Already have an account or paid subscription? Log in

China Money Network Subscription