Wuhan Jusheng Fund Management Consultant raises $459m

The Chinese investment firm has closed its venture capital fund.

Fund name: Wuhan Jusheng Fund Management Consultant
Amount raised: 3 billion yuan
Target size: 3 billion yuan
Stage of fundraising: Final close
Final close date: December 2020

Wuhan Jusheng Fund Management Consultant has held a final close on Industry Fund on 3 billion yuan ($459.5 million; €379.0 million). Capital raised by the fund will be used to invest in the industrial sector in China.