GSR Ventures closes fourth fund at $350m
GSR Ventures has closed its fourth fund at $350 million after it was substantially oversubscribed. The firm, which focuses on early-stage technology deals in China, said that existing investors contributed over 80% of the capital.
The new fund is similar in size to previous vehicles and will follow the same investment strategies. The successful close now means GSR has more than $1 billion in assets under management. "GSR could...
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