The fund sponsors are all USD and RMB assets of Ma Yun, Yu Feng, Shi Yuzhu, Shen Guojun, Wang Jianguo, Wang Yusuo, Liu Yonghao, Jiang Nanchun, Xu Hang, Zhou Xin, Chen Yihong and Mars/0/5 natural persons.
Among them, Ma Yun and Yu Feng have a large amount of investment, while others share the investment equally, and Yu Feng has the final investment decision. In March this year, Yunfeng Fund raised 654.38+000 billion yuan, including Tencent.
Because the founders of Yunfeng Fund are all industry giants, their industries cover a wide range, including consumer goods, Internet, agriculture, chain stores, media, medical care, energy and finance, so entrepreneurs are very sensitive to the success of a project when investing in it. "The average venture capitalist has to work for three months, and we can make a decision in one month." This is a completely different feature between Yunfeng Fund of "local entrepreneur club" and foreign funds.
Currently, it is only open to entrepreneurs. There are two parallel funds, USD and RMB, in order to have more space in the choice of investment projects; An investment committee has been established, and investment decision-making procedures have been formulated. The duration of the fund is 10 year, and fund raising, management fee extraction and project return sharing are all carried out in accordance with international practice. Many overseas institutional investors and FOF funds have applied to join, but Yunfeng Fund has not considered accepting other institutional investors to join.