New Frontier establishes strategic cooperation with Guizhou Cloud Big Data to set up a Guizhou Cloud Big Data Fund.
Guizhou Cloud Big Data is a is a wholly state-owned company. It is the main investment and financing platform for the development of Guizhou’s big data industry. The company’s main responsibility is to promote the development of the big data industry. It has established long-term relationships with a number of companies including Apple and Alibaba.
This fund of funds is set up by the two parties to invest in funds managed by New Frontier, third-party managed funds, pre-IPO companies, and angel investments.
About New Frontier
New Frontier is a diversified investment group focused on the new economy sectors in China. New Frontier is founded by a group of highly experienced investment professionals, entrepreneurs, industry operators, and backed by Asia’s most connected and influential investors. New Frontier currently organizes its companies under different major verticals: Healthcare, Innovation and Education. For more information visit www.new-frontier.com.
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