Government-Guided Funds Lengthen Duration, Allowing Venture Capitalists a More Leisurely "Raise, Invest, Manage, Exit" Cycle
2025-08-15 / Read about 0 minute
Author:小编   

Government-guided funds have extended their investment horizons, with many newly established funds boasting durations exceeding 10 years, and some stretching as long as 20 years. This strategic shift is designed to bolster the development of scientific and technological projects by modifying existing fund regulations to facilitate a more relaxed exit timeline for both master funds and sub-funds. This adjustment recognizes the prolonged nature of hard technology research and development, thereby supporting the entire lifecycle from scientific inquiry through to industrialization.