Chengwei Closes $1 Billion Evergreen Fund

Cooley advised Chengwei Capital on the closing of a $1 billion tranche of newly available capital in its longstanding "evergreen" style fund, now entering its 12th year of operations. Chengwei is a leading Chinese venture capital firm that invests in early stage technology companies and holds investments for often lengthy periods over its 28-year lifecycle. Chengwei was an early investor in Youku, the "Youtube of China" and other prominent technology companies.

Jordan Silber and Robert Bao advised Chengwei Capital on this latest fundraising.

Related Contacts
Jordan Silber Partner, San Francisco
Robert Bao Associate, San Francisco