On January 26th, Shanghai Guotou Leading Fund unveiled the selection outcomes for the third cohort of sub-funds under Shanghai's three pillar industry mother funds. A total of seventeen sub-funds were chosen, spanning the sectors of integrated circuits (4 sub-funds), biopharmaceuticals (7 sub-funds), and artificial intelligence (6 sub-funds). The aggregate planned investment sum stands at 4.71 billion yuan, with the combined fund size escalating to 22.89 billion yuan, thereby attaining a leverage multiplier of 4.86 times. Since their inception in July 2024, the three mother funds have collectively made investment decisions amounting to roughly 41 billion yuan, mobilizing close to 200 billion yuan in social capital via a leverage impact of approximately 5 times.
