On July 1, Joy Capital announced that the newly raised dual-currency fund had completed its first closing, and the target amount of this fundraising was nearly 4 billion yuan. The core LPs are all institutional investors, and the existing LPs will continue to support. So far, Joy Capital’s asset management scale is equivalent to nearly RMB 15 billion.
Joy Capital’s last fundraising was in July 2019. At that time, Joy raised a total of more than 700 million US dollars (including two funds in the early stage and growth stage). At that time, the LP composition not only included a number of sovereign wealth funds, funds of funds, educational endowment funds and family funds, but also increased several funds for the first time. Investors in top public pension funds and large insurance companies.
This article is reprinted from: https://www.itjuzi.com/fundraising/2529
This site is for inclusion only, and the copyright belongs to the original author.