Core Viewpoint - The article discusses the establishment of the Liuyang High-tech Innovation Industry Fund to promote industrial transformation and high-quality development in the Liuyang Economic and Technological Development Zone, with a total scale of 3 billion yuan [1][2]. Group 1: Fund Overview - The mother fund was registered on June 6, 2025, with a total scale of 3 billion yuan, co-founded by the Liuyang Economic Development Zone and Hunan High-tech Venture Capital Group [1]. - The fund has a lifespan of 12 years, including a 7-year investment period and a 5-year exit period, with a possible extension of up to 3 years [1]. Group 2: Development Zone Background - Established in 1997 and recognized as a national economic and technological development zone in 2012, the Liuyang Economic Development Zone covers an area of 37 square kilometers and has developed into a trillion-level industrial park [2]. - The zone has a diversified industrial structure, focusing on display functional devices, electronic materials, biomedicine, and intelligent equipment manufacturing, with nearly 400 large-scale industrial enterprises [2]. Group 3: Sub-fund Application Requirements - Sub-fund management institutions must have a registered capital of at least 10 million yuan and must be legally registered in mainland China [3]. - The management team should have relevant qualifications and experience, with at least three senior management personnel having over five years of equity investment experience [3][4]. - The management institution should have managed private equity funds totaling at least 1 billion yuan or have a paid-in capital of no less than 500 million yuan [3]. Group 4: Investment Guidelines - The mother fund will not invest more than 30% of a single sub-fund's subscribed scale and cannot be the single largest investor [7]. - The sub-fund's investments are restricted to strategic emerging industries supported by the Liuyang Economic Development Zone, including biomedicine, electronic information, intelligent manufacturing, and new materials [10].
浏阳经开高创产业基金招GP
FOFWEEKLY·2025-09-15 10:19