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 IT! Now in its 10th year, PartnerConnect Midwest is bringing you 300 attendees, over 400 private ExecConnect meetings between LPs and GPs, and three insightful tracks including Buyouts Funds, Buyouts Deals and Co-Investments. REGISTER TODAY!