The stationery maker has established an $80m fund that will target businesses in the IT and office services sectors.
China-based stationery manufacturer Shenzhen Comix Stationery is set to launch a corporate venturing fund in partnership with investment firm Shenzhen Rongtong Capital Management, China Money Network reported on Saturday.
The companies aim to raise up to RMB 500m ($80.5m) for the fund, Comix & He Jun Industry Fund, of which Comix will provide RMB 80m ($12.9m).
Rongtong will supply RMB 400m ($64.4m), while private equity firm He Jun Consulting will invest RMB 20m ($3.2m) as a limited partner.
The fund…
