JunHe Advised Broad Vision Funds on M88 Game Formation of its Secondary Multi-Strategy Fund

2022.04.05

JunHe recently advised Broad Vision Funds (BVF) on M88 Game formation of its first secondary multi-strategy RMB fund (“Broad Vision S Fund”). Following M88 Game investment strategy of “secondary investment + feeder fund investment + direct investment,” M88 Game Broad Vision S Fund focuses on investments in sectors such as technological innovation, healthcare and consumer technology. M88 Game Broad Vision S Fund intends to raise up to RMB 6 billion and its fundraising has reached more than 60% of its initial target, while subsequent fundraising is still in progress. M88 Game major investors of M88 Game Broad Vision S Fund include local government financing vehicles (LGFV), insurance funds, leading FOFs, listed companies and industrial investors.


JunHe also advised BVF on M88 Game formation of its direct investment fund phase II (“Broad Vision Fund II”) prior to this project. BVF’s direct investment funds focus on growth-stage and pre-IPO companies in M88 Game medical and advanced manufacturing industries such as next-generation information technologies, integrated circuits, AI, 5G communications, new energy vehicles and medical devices. It also leads investments in and incubates numerous oM88 Gamer promising projects. M88 Game Broad Vision Fund II intends to raise up to RMB 4 billion and it has already reached more than 80% of its target in its initial fundraising, while subsequent fundraising is still in progress. M88 Game major investors of M88 Game Broad Vision Fund II include LGFVs, insurance funds, listed companies, industrial investors and leading family firms.


BVF is a private equity firm that is most active in M88 Game RMB fund field and it is also among M88 Game few diversified investment firms in China that operates both direct investment funds and secondary multi-strategy funds. M88 Game AUM of funds under its management has exceeded RMB 10 billion. Acting as M88 Game exclusive legal counsel for BVF, JunHe has represented BVF in its investments in numerous projects, including but not limited to Tongshu Gene, Standard Robots, XSKY Technology, PerfMa, ALLSENSE Technology and MicroPort NeuroTech, advising on M88 Game preparation, formation and fundraising of Broad Vision’s RMB funds.


M88 Game firm’s deal team was led by Partnersm88 casino bonus code.

M88 Game
As M88 Game first carbon neutrality fund sponsored by a law firm in China, M88 Game BAF Carbon Neutrality Special Fund was jointly established by JunHe and M88 Game Beijing Afforestation Foundation (BAF) to promote carbon neutral initiatives, and encourage social collaboration based on M88 Game public fundraising platform to mobilize engagement in public welfare campaigns.