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Perfect World will increase its venture capital fund

Source: Internet
Author: User
Keywords Investment funds will increase investment
Tags consumer control controlled financial financial services it is it is understood media
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Perfect World (Nasdaq: PWRD) announced today that an entity under its control has formally signed the agreement and will add as much as RMB396 million to a venture capital fund as a limited partner during the evening of March 5, Beijing time. . The entity controlled by Perfect World had previously been a limited partner of the venture capital fund. The venture capital fund is expected to be one of the limited partners to invest this additional investment funds to another private equity fund. It is understood that the private equity fund will be primarily focused on investing in established companies in sectors such as consumer retail, financial services, healthcare, technology, media and communications, energy and natural resources, and high-end manufacturing in China.

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