Buhuo Venture Capital’s $100 Million Raising Fund

Fangda Partners advised Buhuo Venture Capital on the deal.

Buhuo Venture Capital closed its Phase I US Dollar-dominated venture capital fund, which raised more than US$100 million. Buhuo’s transaction was backed by two US-based funds of funds and one Asia-based fund of funds.

The Fangda team was led by investment fund partners Richard Guo (Piture) and Yue Zhang, and corporate financing partners Avica Wang and Shihua Wang, and other key members included Icy Huang, Serena Zhou, Shirley Lim, Duncan Deng, Kai Wang, Alaric Zhang, and Xin Yue.

Involved fees earner: Duncan Deng – Fangda Partners; Richard Guo – Fangda Partners; Shirley Lim – Fangda Partners; Avica Wang – Fangda Partners; Shihua Wang – Fangda Partners; Xin Yue – Fangda Partners; Yue Zhang – Fangda Partners; Alaric Zhang – Fangda Partners; Serena Zhou – Fangda Partners; Kai Wang – Grandall Law Firm;

Law Firms: Fangda Partners; Grandall Law Firm;

Clients: Buhuo Venture Capital;

Author: Sonia Carcano