China: Sherpa Healthcare closes first fund at US$200m

Cheng Xing, managing director, Sherpa Healthcare

Beijing based venture capital fund Sherpa Healthcare has closed its first US dollar fund – Sherpa Healthcare Fund – at what is understood to be US$200m. The firm said that the fund was oversubscribed. Half of it was taken by the Oregon Public Employees Retirement System (PERS) which recently committed US$100m. Established in April 2018,…

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