又一家985高校入场，做LP

Core Viewpoint - Top Chinese universities are increasingly entering the equity investment field, particularly as Limited Partners (LPs), with a notable surge since 2024 [2][10]. Group 1: New Developments in University Involvement - South China University of Technology (SCUT) has established a Science and Technology Innovation Institute and a strategic signing ceremony for its innovation industry fund, marking its entry into the VC space [4]. - The SCUT fund aims to create a capital support system focusing on AI, advanced manufacturing, biotechnology, new materials, and new energy, with a total fund pool exceeding 3 billion yuan [5]. - The fund will utilize a dual-layer management structure and a dual-currency operation model, indicating a sophisticated approach to fund management [5][6]. Group 2: Trends in University Fund Establishment - Since 2024, numerous top universities have established new funds, including Tsinghua University, Hong Kong University, and Shanghai Jiao Tong University, reflecting a growing trend among universities to engage in capital investment [10]. - In 2024, Tsinghua University and the Sichuan provincial government launched a technology transfer fund with a total scale of 10 billion yuan, showcasing the collaborative efforts between academia and government [10]. Group 3: Characteristics of University Funds - University funds are characterized by their long-term, stable capital, which is essential for nurturing technology innovation projects that require extended development periods [10][11]. - The trend indicates that leading universities are not only focusing on basic research but are also deeply involved in the industrialization process through capital investment [9][11]. Group 4: Future Implications - The influx of university LPs is expected to diversify the fundraising market, injecting new vitality and valuable long-term capital into the current somewhat stagnant fundraising environment [13]. - As more universities establish funds and participate in the equity investment market, they are likely to play a crucial role in the sustainable and healthy development of China's equity investment landscape [13].