Hong Kong real estate tycoon Zheng Zhigang's fund C Capital has completed a $250 million fundraising, having previously invested in Animoca Brands

ChainCatcher news, C Capital, founded by Zheng Zhigang, Executive Vice Chairman and CEO of New World Group in Hong Kong, announced the successful completion of its third round of private equity fund raising, with a total investment amount exceeding $250 million from its main fund and related co-investment vehicles, including contributions from multi-strategy funds, financial institutions, and well-known family offices from the Asia-Pacific, Middle East, Europe, and other regions. C Capital's investment portfolio includes blockchain projects such as Animoca Brands.

Previously, in September 2022, according to Bloomberg, C Capital planned to raise $500 million over the next 18 months for investments in blockchain assets, credit, and private equity, betting on private companies and digital assets. C Capital co-founder Ben Cheng stated that its hedge fund strategy mainly focuses on crypto trading.