Former Emerald Hill exec secures commitments for China fund-of-funds
Unicorn Capital Partners, a new China-focused venture capital fund-of-funds launched by Emerald Hill Capital Partners' former head of North Asia Tommy Yip, has secured initial commitments of $12 million for its maiden fund - Unicorn Partners Fund I.
AVCJ first revealed that there were plans to start a fund last year. The vehicle - which is understood to have launched in January - was set up by Yip and Kah Fai Low, a former executive director of Singapore-based...
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