April PE and VC raised new funds by 2.52 billion U.S. dollars
China's investment market information consulting services, ChinaVenture, said on Wednesday that in April China Venture Capital (VC) investment and private equity (PE) market have raised seven new funds to reach $2.52 billion U.S. dollars.
Two of these funds are the RMB funds with size of $64.3 million, accounting for 2.5 percent of the total scale; five are foreign funds with size of $2.46 billion, accounting for 97.5 percent.
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