The LP View: Why are cash-strapped GPs turning down China's state LPs?

The LP View: Why are cash-strapped GPs turning down China's state LPs?

Photo by Eric Prouzet on Unsplash

Although state-backed limited partners (LPs) are reshaping China’s PE-VC landscape, contributing to 26.9% of the total RMB fundraising in 2022, not all fund managers or GPs are enthusiastic about taking on government capital after weighing the pros and cons.

Edited by: Padma Priya

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