Ex-Baidu Investment Head-Led Xianghe Capital Closes Two Funds At $564M

Xianghe Capital, a principal investment firm founded by former executives at Baidu’s investment team, has closed its second USD-denominated fund at US$425 million and debut RMB-denominated fund at RMB1 billion (US$139.30 million), the company announced in a statement on Tuesday.

China Money Network

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