Chinese asset manager Yingke PE targets to raise $157m for two RMB funds

Chinese asset manager Yingke PE targets to raise $157m for two RMB funds

Photo by Eric Prouzet on Unsplash

Shanghai-based asset manager Yingke PE has set up two new funds with a total target corpus of 1 billion yuan ($156.8 million) as it seeks to expand its portfolio of almost 300 biopharmaceutical and hard tech companies.