Hony Capital collects $130m for inaugural venture fund

Hony Capital, a Beijing-based private equity firm, has raised $130 million for debut venture fund, reported the Wall Street Journal.

Hony Capital, a Beijing-based private equity firm, has raised $130 million for debut venture fund, reported the Wall Street Journal. Hony Ventures Fund I targets early-stage investments in the consumer, internet and digital enterprise service sectors in China.

Source: WSJ