Shenzhen-based Fortune Venture Capital has launched a RMB4.63 billion (US$667 million) new RMB fund, it announced yesterday in a conference held in Changsha, Hunan Province, where the firm is holding its annual CEO meeting. The new fund, Shenzhen Fortune Chuangtong Equity Investment Co., started fundraising preparation work last November and the first 30% of its […]

China’s Fortune Venture Capital Launches $667M New RMB Fund appeared first on China Money Network.