China's Cloudview Capital raises $321m for new RMB fund

China's Cloudview Capital raises $321m for new RMB fund

Photo by Micheile Henderson on Unsplash

Chinese alternative asset management firm Cloudview Capital has raised 2.03 billion yuan ($321.3 million) for a new RMB-denominated fund to step up its investments in growth- and mature-stage startups in China.