Morningside raises more than $400M for three funds


Morningside Group has raised more than $400 million in capital for three new funds, according to filings with the Securities and Exchange Commission. The documents, filed Thursday, said the firm has raised $279 million for Morningside China TMT Fund III. The fund’s target is $307 million.

Documents also show it raised $40 million for Morningside China TMT Fund III Co-Investment and $93 million for Morningside China TMT Special Opportunities Fund. The special opportunities fund has a target of $102.5 million.

Morningside’s previous fund, Morningside China TMT Fund II, raised $130 million, according to Thomson Reuters, publisher of peHUB.

The links to the documents are here, here and here.

DON'T MISS OUT! Meet new and diverse managers in private equity, venture capital and real estate at the third Emerging Manager Connect East at New York City's Harvard Club. CLICK HERE FOR DETAILS!