100亿，湖北省文旅产业投资基金招GP

Core Viewpoint - The Hubei Cultural Tourism Industry Investment Fund aims to promote high-quality development in the cultural tourism sector with a total scale of 10 billion yuan, focusing on various modern service industries and strategic emerging sectors [2]. Group 1: Fund Structure and Management - The fund is established as a partnership with a total scale of 10 billion yuan, and the first phase has a scale of 2 billion yuan, officially registered in December 2024 [2]. - The fund's general partner is Hubei Travel Investment West Coast Venture Capital Co., Ltd., a private equity investment institution under Hubei Cultural Tourism Group [2]. Group 2: Investment Focus - The fund primarily targets investments in cultural creativity, tourism site upgrades, tourism services, new product development in cultural tourism, and the integration of tourism with health and wellness [2]. - It also explores investments in strategic emerging industries such as artificial intelligence, life health, and low-altitude economy [2]. Group 3: Sub-fund Requirements - Sub-funds must be registered in Hubei province and comply with national regulations, with a minimum subscription size of 10 million yuan [3]. - The fund can invest up to 30% of a sub-fund's total subscription size, with potential exceptions allowing for up to 50% under certain conditions [3][5]. Group 4: Investment Restrictions - The fund's shareholding in any underlying investment enterprise is capped at 30% of the total equity, and it cannot be the largest shareholder [4]. - The investment period for sub-funds is generally limited to 9 years, focusing on five key areas: cultural tourism, health, advanced manufacturing, digital intelligence, and other strategic emerging industries [5].