Deals
Temasek-Backed InnoVen Seeks $250 Million for New China Fund
- InnoVen’s second China fund has initial close of $130 million
- The fund’s limited partners include local government agencies
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InnoVen Capital, a provider of venture debt for technology firms, is looking to raise $250 million for its second China-focused fund.
The newly launched dual-currency fund raised $130 million in its initial close, according to a statement on Friday. The fund’s limited partners include local government agencies, the statement said.