Altogether 30 new venture capital/private equity (VC/PE) funds were established in China in September, according to statistics released by Zero2IPO.
Of these funds, 18 disclosed their fundraising plans with target fundraising scale at 41.39 billion US dollars.
The 18 VC/PE funds include 16 RMB-dominated funds and 2 foreign currency-dominated funds, with raised value reaching 39.29 billion US dollars and 2.1 billion US dollars respectively.
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