Ex-Carlyle China head-led Silicon Harbour closes debut RMB fund at $157m

Ex-Carlyle China head-led Silicon Harbour closes debut RMB fund at $157m

(Left to right) Silicon Harbour Capital's partner Jenny Jiang, founding partner Sean He, and partner Stone Shi. Source: Silicon Harbour Capital

Silicon Harbour Capital, an investment firm founded by ex-Carlyle Group’s China head, has closed its maiden Chinese yuan fund at nearly 1 billion yuan ($156.8 million), far exceeding the initial fundraising target despite challenges in raising first-time funds amid the pandemic hit.