October 8, 2015 | The Chinese firm CreditEase announced that it would establish a CreditEase Israel Innovation Fund (CEIIF), a venture capital and private equity fund. The fund has already raised $30 million from interested Chinese clients. CEIIF will be managed by Israel Innovation Investment Management and will focus on investment in private Israeli and US technological firms. CreditEase was founded in 2006 by Ning Tang.
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