Shiyu Capital Closes Second China Healthcare Fund with $473 Million
April 11, 2019 at 06:57 AM EDT
Shiyu Capital of Shenzhen closed its second China life science PE fund with $473 million in capital. The fund, called Danqing Fund II, will invest in pharma/biotech, healthcare, IVD and medical services companies. The Danqing funds aim to participate in the "historic opportunity" of transforming China's pharmaceutical industry. The company's first fund, launched in 2016, raised $164 million. Both funds are RMB denominated. Shiyu Capital, also known as Shenzhen Shiyu Investment Management, was established in 2014. More details.... Share this with colleagues: // //