GSR Ventures Raises Fourth China Fund at $350M
July 05, 2011 at 05:45 AM EDT
GSR Ventures has raised its fourth venture fund focused on investing in early stage Chinese companies. It took just six weeks of effort, was completed in a single close, and more than 80% of the commitments came from very happy existing investors. The big surprise to those LPs? Given the frothiness of the Chinese market, that GSR didn't ask for more.
