Sequoia China completed the new phase of $9billion fund raising

RedI network Lotte 7 month 6 Reported Wednesday

According to foreign media reports , Sequoia China has completed a new phase about 90 The raising of a billion dollar fund , Participants include sovereign funds 、 Charity fund 、 University Endowment Fund, etc LP Support for , Also attract new LP Participation , Mainly from the United States 、 The European 、 In the Middle East 、 Asia and other regions .

Sequoia received more than 120 $100 million subscription , Oversubscribed up to 50%.

According to SEC documents （SEC） Show , Sequoia China filed and registered a new US dollar fund , Including a seed fund （Seed Fund）、 A venture capital fund （Venture Fund）、 An expansion fund （Expansion Fund） And a Growth Fund （Growth Fund）.

The four funds will continue to focus on Technology 、 Investment in consumption and health care .

In the past two years , About American capital “ Evacuate China ” There is a lot of discussion about , But in the past few months , Many domestic US dollar funds have announced the completion of US dollar fund-raising or the first closing of accounts . This shows that , International long-term funds are still firmly optimistic about the development prospects of China's innovative economy .

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Lei Di was founded by Lei Jianping, a senior media person , If reproduced, please indicate the source .