Qiming Venture Partners Announces Closing Of Funds Totaling Us 3 2 Billion
SHANGHAI, July 11, 2022 /PRNewswire/ — Qiming Venture Partners announced today the closing of its latest funds totaling US$3.2 billion, including USD Fund VIII at US$2.5 billion and the first closing of RMB Fund VII at RMB 4.7 billion (or US$ 700 million). As in prior funds, Fund VIII was oversubscribed and reached its hard cap for limited partner commitments. This increases the firm’s capital raised to $9.4 billion across 18 funds....