China’s Yingke PE raises additional $781m for RMB fund

Shanghai-headquartered Yingke PE has secured an additional amount of 5 billion yuan ($781 million) for its RMB-denominated fund, per an announcement.

In June, Yingke had raised 1 billion yuan ($1.6 billion) for its RMB fund, for the purpose of making investments in sectors such as biomedicine and technology.

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