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09.13.2010 17:27

VantagePoint Sets up Clean Tech Fund

The US-based venture capital firm launches a yuan denominated fund to invest in clean technologies in Tianjin
By staff reporter Chen Zhu

(Tianjin) -- US-based venture capital firm VantagePoint Venture Partners announced on September 13 that it would officially launch a yuan denominated fund to invest in clean technology development in Tianjin.

The fund, known as the Tianjin Haitai VantagePoint Investment Fund, has finished its preliminary fund raising of 680 million yuan, the company announced at the Summer Davos in Tianjin.

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