GGV raises $625m for Sino-US fund IV
Following its survey of the terms and conditions employed by China-focused venture capital funds, law firm Cooley revealed that more or less every early and mid-stage VC fund it had seen charged a management fee of 2.5%.
GGV, formerly known as Granite Global Ventures, is no different. The US- and China-focused venture capital firmreached a final close at $625 million on its fourth fund - structured by Cooley - last week....
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