IDG Capital Partners has reached final closing of IDG Capital Fund III with total commitments of US$1 billion, according to a company announcement. The fund is raised in partnership with Breyer Capital, a Silicon Valley-based venture capital investor. The new vehicle will focus on investing in next-generation opportunities in technology, media & telecommunications (TMT), healthcare, […]
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Greater China-focused hedge funds were up a marginal 0.03% during June and lost 6.03% year-to-date, outperforming the CSI 300 Index, which fell 15.47% year-to-date, according to data released by Eurekahedge. Asia ex-Japan hedge fund managers gained 0.45% during the month but are down 1.95% year-to-date. North American hedge fund managers lead the performance among developed […]