Chinese venture capital firm Gaorong Capital has raised US$500 million for its fourth U.S. dollar fund. The new fund came after the firm closed a RMB560 million third RMB-denominated fund in May this year. The firm now manages around US$2.2 billion, RMB15 billion, in total, according to an announcement it posted on Wechat. After the […]

Gaorong Capital Raises $500M For Fourth USD Fund appeared first on China Money Network.

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