香港百亿母基金，开始招GP了

Core Insights - The Hong Kong Innovation and Technology Commission has announced the launch of a HKD 10 billion "Innovation and Technology Industry Guidance Fund" which is now in the public selection phase for fund managers [1][3] - The fund aims to align with the national "patient capital" development strategy and promote efficient collaboration among government, industry, academia, research, and investment [1] - The fund will focus on five key investment themes: life and health technology, artificial intelligence and robotics, semiconductors and smart devices, digitalization and upgrading transformation, and future and sustainable development [1] Fund Structure and Requirements - The government will select qualified professional fund managers to establish one or more sub-funds under each investment theme, with each sub-fund targeting a minimum size of HKD 2 billion, and an overall target size of no less than HKD 40 billion for all sub-funds [3] - Sub-funds must meet three core investment requirements: 100% of the fund size must be invested in enterprises related to Hong Kong's innovation and technology industry and its industrial chain; at least 50% must be invested in local Hong Kong enterprises or non-Hong Kong enterprises planning to operate in Hong Kong; and at least 25% must be used by the investment targets to establish and operate production bases in Hong Kong during the investment period [3] - The government aims to attract a certain number of strategic investors, each contributing no less than HKD 3 billion, to invest alongside the government in the various sub-funds [3]