06/07/2012
CEIBS-Chengwei Venture Capital Fund set up; first-phase investment is $100m
The CEIBS-Chengwei Venture Capital Fund was established at CEIBS' Shanghai campus on 28 June. The Fund's first tranche of $100m can be accessed by early-to-growth-stage enterprises founded or managed by CEIBS alumni. Part of the profits from the investment will be used for running the foundation and the business school. Reports Shanghai Online
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