静水湖创投首期FOF基金成功募集：VC投资机构在基金产品方面的又一创新

Core Viewpoint - The article discusses the successful fundraising of a new fund, "He Guang No. 1," by Jing Shui Hu Venture Capital, which is a FOF (Fund of Funds) designed based on the needs and risk preferences of financial investors, marking a shift in their fundraising strategy [2][3]. Fundraising and Investor Trust - "He Guang No. 1" achieved a high re-investment rate and fundraising efficiency, primarily attracting high-net-worth entrepreneurs and financial investors who have previously engaged with Jing Shui Hu's funds [3]. - The fund operates as a "blind pool" without specific reserve projects, reflecting a strong trust in the management team from investors [3][4]. - The fund's duration is set at ten years, providing the investment team with greater freedom to explore early-stage investment opportunities [3][4]. Investment Strategy and Focus - Jing Shui Hu Venture Capital specializes in hard technology investments, including AI, smart energy, and data algorithms, and has successfully exited several projects through various methods [4][5]. - The fund will adopt a "PSD" strategy, focusing on growth-stage VC funds and direct investment opportunities in AI+, industrial technology, new energy, and materials [5]. Management Expertise - The management team's expertise in identifying and evaluating hard technology projects is crucial for the fund's success, as the commercialization of technology often requires long-term capital support [5]. - The FOF structure allows for a diversified portfolio, which can mitigate non-systematic risks associated with individual assets or funds [4][5].