PRINT THIS PAGE Chinese Gobi Partners completes $30m close for $75m fund22/12/2003. Source: AltAssets. 
 Chinese venture capital fund Gobi Partners has reached a first close at $30m. The fund is targeting $75m and will invest in China’s digital media sector.
Investors in the fund include NTT DoCoMo, a Japanese mobile communications company, IBM and Goldmond, a Hong Kong-based financial services company.
The firm will make investments of between $500,000 and $3m in companies focussed on content, applications and services built on digital broadband infrastructure.
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