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The total capital commitment for the projects recently completed or under construction is $3 billion.
The firm announced this week that its fourth China fund has closed with a total capital commitment of $560 million.
One example is The Walt Disney Co. 's Hong Kong park, which is set to break ground next month; Kim estimates that Disney's total capital commitment over three to five years is just $300 million.
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- Shenzhen Qianhai Fund-of-funds has been established today with RMB21.5 billion (US$3.3 billion) in total capital commitments.
In Austin this year, startups have pulled in $1.4 billion, just north of the $1.3 billion in total capital commitments in 2017.
- China-focused venture capital firm Qiming Venture Partners is set to close its fifth U.S. dollar fund, securing more than US$650 million in total capital commitments.
- Global private equity firm Warburg Pincus has closed its latest global fund, Warburg Pincus Private Equity XII, L.P., at over US$12 billion in total capital commitments.
- Zheshang Venture Capital Co., Ltd. has joined two government entities to launch an Internet industry investment fund with RMB 10 billion (US$1.6 billion) in total capital commitments.
- China-focused distressed debt and special situations firm Shoreline Capital Management has closed its third fund, Shoreline China Value III L.P., with US$500 million in total capital commitments.
- Shunwei Capital, a venture capital investment firm co-founded by Chinese entrepreneur Lei Jun, has reached final closing of its third U.S. dollar fund with total capital commitments of US$1 billion.
The addition of the new fund — the largest for the firm to date — brings Palo Alto, Calif.-based Norwest Venture's total capital and commitments to more than $2.5 billion, the company said.
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