Siguler Guff faced two particular challenges when raising its third BRIC opportunities fund: one foreseen and well prepared for; the other more out of leftfield.
The first was the departure of Patricia Dinneen, longstanding portfolio manager for the firm's investments in emerging markets. Dinneen had made no secret of her plans to leave and the handover to Ralph...
The government of Shenzhen, China has launched a VC fund with an initial corpus of RMB500 million ($79 million) to invest in blockchain start-ups in the city.
Sequoia Capital China and Serica Partners have co-led an $11 million Series A round for US-based molecular diagnostics start-up NuProbe.
Shenzhen Capital has joined a $30 million Series C round for US-based 3D printing company Formlabs that will support an expansion effort in China and Asia.