Perfect World, an online game developer and operator based in China, is making another commitment to a venture capital fund to help it back later-stage deals. 

The additional RMB396m ($63.75m) commitment follows the limited partner’s 2011 investment of RMB643.5m ($100m) in the same unnamed general sector fund.  

However, according to Perfect World, the targeted VC is expected to invest the additional capital in another private equity fund as a limited partner. Perfect World agreed to invest as a limited partner over a nine-year period back in 2011.

The private equity fund will primarily focus on investing in mature companies in the consumer and retail, financial services, healthcare, technology, media, telecoms, energy and natural resources, and high value-added manufacturing industries in China. 

The core team managing the private equity fund consists of former senior members of global private equity and financial services firms and a former senior executive of a Fortune…

Subscribe to go deeper

GCV subscribers get access to all our proprietary data and deep-dive articles, as well as the global directory of CVC investors.



Not sure if you have a subscription?