Global private equity and venture capital news and research

China-focused IDG outstrips TMT fund target with $586m final close

3 Jun 2014

China flagChina-focused IDG Capital Partners has beaten its target for its fourth venture capital vehicle by holding a $586m final close. AltAssets revealed earlier this week that the firm was hoping to collect $550m for the fund, which will target early-stage technology, media and telecom deals in China. Founding general partner Hugo Shong said, “The new[...]

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