
China's Cloudview reaches $316m first close on renminbi fund

Cloudview Capital, a Chinese GP that previously operated as a joint venture with ICBC International, has completed a first close on its second renminbi-denominated Fund with CNY 2bn (USD 316m) in commitments.
The new vehicle is domiciled in Haiyan county in Zhejiang province. LPs include local government entities, listed companies and other corporates, and family offices, according to a statement. Cloudview...
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