ChangXin Memory Technologies: Capital Raising
ChangXin Memory Technologies and Alibaba Group joined a coalition to launch a $577m (3.91bn yuan) private equity fund focused on China's hard tech sectors. Fund registered as Changzhi Hanhai Private Investment Fund.
Source: AltAssets PE
The leadership read
Likely need investment professionals, deal managers, technical due diligence experts, and portfolio operations roles to manage the fund. May also need business development and strategic planning roles to deploy capital across hard tech portfolio companies.
Market context: the MitchelLake Talent Market Index reads 108.5 — Hot (+10.8 vs prior month); Asia signal share is steady (+0.7pts).
MitchelLake in this thematic
Our work · 2024
Head of Global Revenue Operations
Hero Inc. Limited
EMEA · revenue operations · saas
Our work · 2017
Retained Search
TNS Mobile Oy
EMEA · Professional Services · market research · mobile analytics
Our work · 2016
Experience Design Market Research Project
Isobar
Oceania · Professional Services · digital agency · experience design