Vision Plus Capital on Wednesday announced the first closing of its third fund at over $400 million, bringing the total capital managed by the Chinese dual-currency venture capital firm to more than $1.2 billion.
Hangzhou-based Vision Plus Capital, which has over 100 portfolio companies, attracted capital injections from sovereign wealth funds, technology companies, international pension funds, fund of funds (FOFs), and family offices. It aims to close the third fund at over $450 million, said the company in a WeChat post.
