HongShan backer Yuexiu Industrial Fund to launch $274m new secondary fund

HongShan backer Yuexiu Industrial Fund to launch $274m new secondary fund

Photo by Eric Prouzet on Unsplash

China’s Yuexiu Industrial Fund, a private market investor that has committed to funds managed by HongShan and CICC Capital, is planning to launch a 2-billion-yuan ($274.2 million) new secondary fund.

Edited by: Joymitra Rai

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