Oceanpine Raises $400 Million for China-US Technology Companies
December 28, 2020 at 08:50 AM EST
Beijing 's Oceanpine Capital closed its Fund II with $400 million for China-US investments in advanced technology, including biopharma companies. Founded in late 2016, Oceanpine used $400 million in capital from general partners for its first fund, including founder Dave Chenn, who built the conglomerate C hina Century Group. For the second fund, Oceanpine has raised money from external LPs alongside Oceanpine GPs. In the last four years, Oceanpine has invested over $1 billion in over 40 companies using Fund I and other investment vehicles. More details.... Share this with colleagues: // //