China's Alwin Capital closes new dual-currency fund at $281m to invest in life sciences

China's Alwin Capital closes new dual-currency fund at $281m to invest in life sciences

Photo by Sangharsh Lohakare on Unsplash

China’s Alwin Capital has closed an oversubscribed dual-currency fund at over 2 billion yuan ($281.1 million) to raise its stakes in the life sciences industry.

The new fund secured capital commitments from a wide range of limited partners including large-scale funds of funds (FOFs), government-guided funds, healthcare corporates, insurers, commercial banks, and other financial institutions, Alwin Capital announced in a statement.

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