TTGG-Jiutong No.11 Private Investment Fund (hereinafter referred to as the “Fund”), sponsored by Zhejiang Silicon Paradise Asset Management Group Co., Ltd., has successfully accomplished the fund-raising. In the whole fund-raising period, it has raised priority net share of RMB 65 million Yuan, subprime net share of RMB 15 million Yuan and inferior net share of RMB 20 million Yuan, RMB 100 million Yuan in total. All the said capitals have been included into the escrow account of the Fund by Nov. 11, 2016.
The Fund was officially established on Nov. 11, 2016.
The term of the Fund also started that day.
Zhejiang Silicon Paradise Asset Management Group Co., Ltd. is appointed as the asset manager of the Fund and China CITIC Bank (Hangzhou branch) as the custodian.
Zhejiang Silicon Paradise Asset Management Group Co., Ltd.
Nov. 11, 2016