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China Isotope & Radiation Corp approves $182m commitment

The Beijing-based radiation engineering firm has backed a domestic venture capital fund.

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Institution: China Isotope & Radiation Corp
Headquarters: Beijing, China
AUM: 8.8 billion yuan

China Isotope & Radiation Corp has confirmed a 1.2 billion yuan ($182 million; €151 million) commitment to Tongfu Innovation Industrial Investment Fund. The fund is managed by Cowin Capital and focuses on the industrial sector in China.

As illustrated below, this is the first private equity fund investment for China Isotope & Radiation Corp.

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