CZ-Backed YZi Labs Teases Opening $10B War Chest to Outside Backers: FT

CN
1 hour ago

YZi Labs may eventually open its $10 billion portfolio to outside investors, according to the latest report from FT’s Nikou Asgari. Head Ella Zhang said the firm is evaluating a conversion into an external-facing fund, but is not ready while it builds deeper AI and biotech expertise. “There’s always a lot of external investors interested and we will eventually consider turning it into an external-facing fund. We just think it’s not there yet,” Ella Zhang, head of YZi Labs, told FT’s Asgari on Tuesday. The report notes that YZi Labs previously accepted about $300 million in third-party money in 2022 before partially returning it, signaling cautious pacing amid inbound demand. Near-term priorities include staffing and sharpening diligence so any vehicle can meet expectations from limited partners. FT reports that, for now, YZi Labs will continue investing internal capital while it lays groundwork for a shift to a fund structure inviting outside commitments.

免责声明:本文章仅代表作者个人观点,不代表本平台的立场和观点。本文章仅供信息分享,不构成对任何人的任何投资建议。用户与作者之间的任何争议,与本平台无关。如网页中刊载的文章或图片涉及侵权,请提供相关的权利证明和身份证明发送邮件到support@aicoin.com,本平台相关工作人员将会进行核查。

Share To
APP

X

Telegram

Facebook

Reddit

CopyLink