Recently, Fortune Venture Capital has successfully established its 7th fund ¨C Fortune Chuangfu. Fortune Venture Capital currently holds and manages a capital scale at RMB 30 billion, is a leading venture capital company in this industry. Fortune Chuangfu was raised via the worldwide popular model of limited partnership, whose initial raising scale reaches RMB 35 billion, with the main investment direction to those non-security equity interests.
Our senior partner Ms. CHEN Fang led her team to provide legal service for the fund raise and establishment in the entire procedure, constituting the legal structure for the fund, drafting a series legal documentation including <Limited Partnership Agreement>, <Escrow Agreement> and <Management Agreement>, which procures a risk control during the fund raise and establishment, protecting the interests of investors and meanwhile enduing the fund manager a flexible operating space, which played an important role in this successful fund raise. Our lawyers¡¯ professional work has been recognized by all the parties, which distinguishingly reflects the dominance of our firm in capital market and private equity fund.
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