About FOFs
E-Town Capital established an emerging industry fund in 2013, which has become a "fund of funds" to support strategic emerging industries in the Beijing Economic and Technological Development Zone (BDA). It had a total of more than 300 billion yuan ($ 43.20 billion) in funds with 250 billion of that in nearly 60 funds by September 2018.
Support recipient
"4+4" advanced, precision industrial systems
Electronic information, bio-medicine, equipment and automotive industries
Services, culture, energy conservation, environmental protection and airport economy.
FoFs structure
E-Town Capital established the E-Town International Industrial Investment Co in 2013 to manage industry investment funds in its financial service system. E-Town Capital's FoFs cover Angel investment, VE, PE and merger and acquisitions. The funds are in both RMB and dollars.