BUSINESSJun 1 · 06:24 UTCSCMP CHINAEnoch Yiu

Hong Kong government’s venture fund eyes bigger bankroll after double-digit return

The Hong Kong government's venture fund, managed by Hong Kong Investment Corporation (HKIC), achieved a double-digit internal rate of return in 2024, exceeding many new venture capital funds. CEO Clara Chan Ka-chai noted the fund bypassed the typical J-curve performance, earning HK$2.3 billion, and is now seeking additional funding.

Nexus surfaces and summarizes. The full story lives at the source.

Mentioned

Hong Kong governmentorganizationHong Kong Investment CorporationorganizationClara Chan Ka-chaipersonVenture Capital FundstopicJ-curvetopic

Spot something wrong with this article?Report a problem →

Forward this

Related Signal

Adjacent reporting

BUSINESSJun 1 · 06:24 UTC
Hong Kong government’s venture fund eyes bigger bankroll after double-digit return
BUSINESSMay 5 · 04:00 UTC
Go-Anywhere Bond Funds Stage a Comeback as Flexible Bets Pay Off
BUSINESSApr 27 · 18:57 UTC
Ardian Plans New Secondaries Fund After $30 Billion Haul in 2025
TECHNOLOGYMay 28 · 20:14 UTC
Anthropic hits $965B valuation with latest funding round, overtaking OpenAI
BUSINESSMay 5 · 06:00 UTC
Malaysian Minister Calls for Update on ‘Corporate Mafia’ Probe
BUSINESSMay 26 · 12:20 UTC
Gulf's SpaceX investors could be set for windfall following IPO