Hopu raises $141m so far for China-focused fund

Hopu raises $141m so far for China-focused fund

Photo: REUTERS/Jason Lee

Editor’s note: An earlier version of this story incorrectly mentioned that HOPU Magnolia is a Mongolia-focused fund. The company clarified that it is a China-focused vehicle.

Hopu Investment Management, a Chinese private equity firm, has so far raised about $141 million for the Hopu Magnolia Fund, a China-focused growth vehicle, according to the firm’s filing with the US Securities and Exchange Commission (SEC).

The filing showed that the fund, launched in 2021, has already received commitments from at least 18 investors. SEC filings typically reflect funds raised from US investors.

Edited by: Joymitra Rai

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