The LP View: Shanghai’s new 100b yuan fund shows growing prominence of state LPs in China

The LP View: Shanghai’s new 100b yuan fund shows growing prominence of state LPs in China

People walk by office towers in the Lujiazui financial district of Shanghai, China October 17, 2022. REUTERS/Aly Song/File Photo

The merger between Shanghai State-Owned Capital Investment and Shanghai S&T Venture Capital to create yet another investment powerhouse shows the growing standing of state capital investors in the domestic venture world.

Edited by: Padma Priya