China's Monolith closes debut USD fund despite market shift to RMB dealmaking

China's Monolith closes debut USD fund despite market shift to RMB dealmaking

Monolith's founding partners Cao Xi (left) and Tim Wang (right). Photo from Monolith's WeChat official account.

Monolith Management, a young investment company led by ex-partners of Boyu Capital and HongShan (previously known as Sequoia Capital China) has recently reached the final close of its oversubscribed debut US dollar fund.

Edited by: Padma Priya