E-Town Capital makes list of top 10 Government's Guiding Funds
The 2020-2021 China PE/VC industry selection results hosted by the Global PE Forum Organizing Committee and Caixin Data were released on Sept 5.
With its outstanding strength and excellent investment performance, E-Town Capital was listed as one of the "Top 10 Chinese Government's Guiding Funds for 2020-2021".
The "China PE/VC Industry Selection", which aims to promote the healthy development of the industry, has been organized by the Global PE Forum in cooperation with various local associations since 2014. Since 2016, it joined hands with Caixin Insight to jointly create an authoritative list to encourage and reward institutions and individuals that have achieved outstanding results in the PE/VC industry, becoming one of the most professional and significant selections in the industry.
E-Town Capital focuses on cutting-edge industries such as new-generation information technology, biotechnology and health, new energy smart cars, robotics and smart manufacturing.
It gathers resources through fund of funds (FoFs) and guiding funds, attracts social capital, and promotes outstanding projects.
Located in the Beijing Economic and Technological Development Area, the state-owned investment corporation has realized the introduction of industries and the cultivation of emerging industries, and boosted the growth of related enterprises.
By the end of July 2021, E-Town Capital's FoFs has participated in the establishment of about 70 funds, with a total fund size of about 637 billion yuan ($98.54 billion).
The total subscribed scale of E-Town Capital has exceeded 62 billion yuan, and the paid-up scale amounted to nearly 40 billion yuan.