Group 1 - Zhuhai Technology Industry Group Co., Ltd. was officially unveiled with a registered capital of 50 billion yuan, integrating major local state-owned enterprises to create a core platform for technological development in Zhuhai [2] - KKR announced the successful closing of its third phase of the KKR Innovation Fund, raising 1 billion USD, marking it as the largest AI-focused fund in Europe [3] - CATL announced its participation in the Fujian Times Zeyuan Equity Investment Fund, which has a total scale of 100 billion yuan, with CATL being a limited partner [4] Group 2 - China Chengtong Holdings Group led the establishment of the "Chengtong Science and Technology Innovation Fund" in Beijing, with a total scale of 300 billion yuan, focusing on early-stage technology companies [5] - L Catterton raised approximately 11 billion USD in its recent fundraising cycle, including flagship acquisition strategy funds and credit funds [6][7] - Guangdong Province launched a smart industry fund with a target scale of 100 billion yuan, focusing on government-guided and market-oriented operations [8] Group 3 - Bank of China established a 5 billion yuan AIC fund in Shenzhen, focusing on traditional industry upgrades and emerging industry development [9] - China Petroleum launched the largest hydrogen energy industry chain investment fund in China, with an initial scale of 5 billion yuan [10] - China National Building Material Group initiated a 50 billion yuan future science and technology innovation fund in Suzhou [11] Group 4 - Shenzhen Dongfang Fuhai Investment Management Co., Ltd. received approval to issue the first private venture capital technology innovation bond in the interbank market, raising 1.5 billion yuan [12] - Jiangsu Suzhou established an AI industry mother fund with a total scale of 6 billion yuan, focusing on key areas such as computing power and data [14] - Suzhou established a low-altitude economy industry mother fund with a capital of 2 billion yuan, aimed at promoting investment in the low-altitude economy [15] Group 5 - Ctrip announced the establishment of a 1 billion yuan tourism innovation fund to support breakthrough and innovative developments in the tourism sector [16] - Wuxi Jing Shui Hu Venture Capital completed the establishment of its first FOF fund, focusing on market-driven investment strategies [17] - Wuhan Investment Control Group and partners established the Wu Chuang Jiang An Science and Technology Innovation Fund to enhance collaboration between Beijing and Hubei [18] Group 6 - Fudan University established a new engineering development fund with an initial capital of 120 million yuan to support various engineering disciplines [20] - Dongguan launched a 1 billion yuan AI industry mother fund, focusing on hardware manufacturing and core technology research [21] - Anhui Province established the Guoyao Seed Venture Capital Fund with a total scale of 500 million yuan, supporting early-stage enterprises in strategic emerging industries [22] Group 7 - Changjiang Industrial Investment Group launched the Changjiang Gongrong Science and Technology (Hubei) Equity Investment Fund with a planned scale of 10 billion yuan [23] - Jiangsu Province established a data industry fund with a total scale of 3 billion yuan, focusing on equity investment and private equity fund management [24] - Gree Financial Investment plans to establish an industry investment fund in Jinan, focusing on low-altitude economy and new productivity fields [25][26] Group 8 - Huachuang Yuxin announced the establishment of the Guizhou Internet of Things Industry Fund with a scale of 400 million yuan, focusing on market applications in the new IoT ecosystem [27] - Wenzhou City is inviting GP applications for its key industry development fund to accelerate investment in strategic emerging industries [28] - Changde introduced a management method for its science and technology innovation guiding fund, focusing on early-stage technology enterprises [29] Group 9 - Taizhou Jin Kong announced the selection of management institutions for two strategic emerging industry mother funds [30] - Linfen City is seeking fund management institutions for its technology innovation equity investment fund to enhance the local innovation ecosystem [31] - Guangzhou Liwan District revised its industry investment fund management measures, targeting a scale of 1 billion yuan [33] Group 10 - Hubei Province announced plans to establish three 1 billion yuan seed funds to support innovation and entrepreneurship among university students [34] - Beijing's Economic and Information Bureau issued an action plan to encourage foreign investment institutions to establish industry investment funds in the city [35]

Core Viewpoint - The article highlights the recent developments in the LP market, focusing on the establishment of significant investment funds and their strategic focus areas, particularly in technology and innovation sectors [4][5][13]. Fund Establishments - The "Chengtong Science and Technology Investment Fund," led by China Chengtong Holdings Group, has been established with a total scale of 30 billion RMB, focusing on "hard technology" sectors such as new materials, advanced manufacturing, and next-generation information technology [4][5][13]. - The Guangdong Intelligent Industry Fund has been launched with a target scale of 10 billion RMB, emphasizing AI and robotics, aiming to support Guangdong's position as a leader in AI development [14]. - The L Catterton has raised approximately 11 billion USD across various funds, marking the highest fundraising scale in its history, with a focus on growth and acquisition strategies [9][10]. - The Suzhou Zhongjian Material Future Science and Technology Fund has been initiated with a total scale of 5 billion RMB, targeting early-stage projects in new materials [23][24]. Investment Focus Areas - The Chengtong Science and Technology Investment Fund will invest in seed, startup, and growth-stage technology innovation companies, with a fund duration of 15 years, indicating a long-term investment strategy [5][13]. - The Kewhui Innovation Fund III focuses on AI applications in key industries such as digital healthcare, fintech, and energy, with a total scale of 1 billion USD [7][8]. - The newly established funds are increasingly targeting sectors like AI, advanced manufacturing, and new materials, reflecting a trend towards investing in strategic emerging industries [14][24]. Notable Fundraising Activities - The Beijing Pingzhun Infrastructure Real Estate Equity Investment Fund has been established with a capital of 5.237 billion RMB, focusing on long-term stable returns in real estate projects [16]. - The Jiangsu Suzhou AI Industry Special Mother Fund has been set up with a total scale of 6 billion RMB, part of a larger initiative to support strategic emerging industries [17]. - The China Pacific Insurance Company has established a 9 billion RMB merger fund, aligning with recent regulatory guidance to increase investments in strategic emerging industries [18]. Market Dynamics - The LP market has seen a surge in activity, with 16 updates reported in the past week, including three institutions completing fundraising and 12 new funds being established [5]. - The establishment of various funds indicates a robust interest in technology-driven sectors, with significant backing from state-owned enterprises and private investors [4][5][14].

Core Insights - The article discusses the establishment of the largest AI-focused fund in EU history, the KKR Innovation Fund III, which has a management scale of $1 billion [2] - The fund aims to promote deep applications of artificial intelligence across key industries such as digital healthcare, fintech, consumer goods, and energy [2] - KKR emphasizes a collaborative ecosystem that connects startups with nearly 30 Fortune 500 companies to drive deeper industry cooperation [4] Fund Overview - KKR Innovation Fund III focuses on AI applications in specific industries rather than traditional investment approaches [4] - The fund supports early to growth-stage projects with investment amounts ranging from $5 million to $80 million, with capabilities for leading and co-leading investments [4] - The fund has already invested in 15 high-growth companies across various sectors, including consumer technology, financial services, healthcare, and energy technology [5] Strategic Vision - KKR's founder emphasizes that AI is not just a technological trend but a foundational infrastructure that will reshape industry logic [3] - The fund aims to facilitate local innovation and global expansion, helping Chinese companies enter European and North American markets and vice versa [2][3] - KKR's approach is to act as a connector between innovators and practitioners, leveraging capital, knowledge, and industry resources [4]

凯辉募集10亿美元。 作者 I 周佳丽 报道 I 投资界PEdaily 投资界获悉，今日（5月2 8日），凯辉基金正式宣布旗下凯辉创新基金三期圆满完成最终 关账，基金管理规模10亿美元，缔造了欧盟有史以来规模最大的AI专项基金，也是欧洲 最大风险投资基金。 印象中，这是今年为数不多的一笔大额外币募资，吸引了全球知名产业投资人及跨国集 团，将专注于推动人工智能在垂直领域的深度应用，重点聚焦数字医疗、金融科技、消费 以及出行与能源四大关键产业，投资则覆盖了中国及东南亚、欧洲与北美等主要区域。 "AI不是孤立的技术风口，而是新产业时代的基础设施。它将重塑行业底层逻辑，需要的 也不仅是资金，更是结构性的认知、产业落地场景和跨地域的执行力。"凯辉基金创始人 及董事长蔡明泼透露，依托遍布全球的团队架构与企业生态，新基金将帮助创业公司实 现"本地创新，全球落地"——例如助力中国企业拓展欧洲及北美市场，以及支持海外企 业进入中国。 凯辉完成10亿美元终关 LP阵容浮现 事情始于2 0 1 5年。 当全球同行仍沉浸在模式创新的投资主题时，凯辉团队已先一步洞察到AI技术的突破正 在全球范围内引发一场深刻变革。他们认为，这无异于第 ...

Core Viewpoint - The boundaries of investment institutions may not be limited to traditional fundraising, investment, management, and exit strategies, as demonstrated by the unique approach of the company in the investment landscape [1][4]. Fund Overview - The company recently raised a $1 billion VC fund in Europe, marking it as the largest AI fund and the largest VC fund in European history [2]. - The fund's LPs primarily consist of established global corporations, including Sanofi, TotalEnergies, Valeo, and others, with over 50% concentration from industrial partners [2][3]. - Initially, the fund aimed at eight sectors but has since narrowed its focus to four key industries: digital healthcare, fintech, consumption, and energy & mobility, emphasizing AI applications [2][8]. Investment Strategy - The company positions itself as a "provider of industrial solutions," rather than a traditional VC or PE firm, which allows for a unique investment approach [3][4]. - The company has a history of successful investments in early-stage companies like Pinduoduo and Yuanqi Forest, showcasing its ability to identify promising ventures [3]. - The shift towards AI as a strategic focus reflects the evolving demands of LPs and the changing landscape of technology [8][12]. Market Context - The year 2022 marked a significant turning point for global corporations operating in China, as they faced increased competition and the need to rethink growth strategies [7]. - The company has observed a trend where global corporations are reaffirming their commitment to long-term development in China, recognizing its unique market potential [7][17]. - The fund's geographic allocation plans include approximately 30% in Asia, 30-40% in Europe, and 20-30% in the US and other regions [11]. Team and Operations - The company has enhanced its team structure by bringing in partners with substantial operational experience to better support AI project implementations [15]. - A small empowerment platform, C.Lab, has been established in San Francisco to facilitate international collaboration and AI applications [15]. - The company emphasizes a culture of trust and collaboration, which is critical for effective operations in the investment sector [27][28]. Globalization and Partnerships - The company has positioned itself as a global fund, capable of addressing the diverse needs of industrial partners across different markets [16][17]. - The collaboration with established corporations like L'Oréal and Sanofi highlights the company's ability to bridge cultural and operational gaps in cross-border investments [57][58]. - The increasing interest of Chinese companies in global markets, particularly in the US and Europe, underscores the relevance of the company's services [49][50].