Related news: Original sewed China Cao Yu established a new fund Monolith, management scale exceeds 500 million US dollars

Cao Yu, China Fund Partner, officially announced on November 26, with the former Boxing Capital Secondary Market Partner Tim Wang, jointly set up investment management agencies --monolith management. The first fund size of Monolith has exceeded 500 million US dollars, and the subscription scale of the super original plan.

Cao Yu has worked for nearly 8 years in the Chinese Fund Chinese Fund, and he served as a partner and participated in the creation of the Sequoia Seed Fund in 2018. He has dominated the participation of the truck, fighting fish, heroes, understand the ball emperor, Tencent music, super orangutan, quantum sports and other projects.

Sequoia China said: Cao Yu has transferred from the Chinese partner to investment partners, and will also open a new journey. We congratulate this, and he blessed him to continue progress in the new business.