Unicorn Capital Partners Closes Fund IV
Asian venture capital fund-of-funds manager Unicorn Capital Partners has completed fundraising for Unicorn Partners Fund IV, L.P. (“Fund IV”). The fund closed in six months at its hard cap of US$450mn. Similar to its predecessor funds, Fund IV will focus on fund and direct investment opportunities in technology and healthcare in China.
“We are very pleased to announce the final closing of Fund IV and are deeply grateful to the investors, whose support of Unicorn and confidence in our strategy allowed us to raise the fund in less than six months while in the midst of a global pandemic,” said Tommy Yip, Managing Partner, Unicorn Capital Partners. “With this additional capital, we will continue our efforts to generate outperformance for investors through seeking out and backing top emerging managers ahead of the curve.”
Monument Group served as the placement agent for the fund.
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