Hesong Tang has raised $261 million for a maiden fund, Xiang He Fund I, according to a filing with the SEC.
Tang also raised the target for the fund to $300 million from $250 million. Twenty-three LPs have participated.
Tang is a former venture partner at IDG Capital and former vice president at Baidu.
The filing can be found 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!