With what looks to be the world’s second largest market for initial public offerings and a burgeoning limited partner base, China is going to command an increasing amount of attention from some of the world’s largest venture capital firms.
Both New Enterprise Associates and VantagePoint Venture Partners have plans to expand their presence in China, according to investors with knowledge of the firms’ activities. These plans potentially include raising a locally denominated investment fund.
They join Sequoia Capital, which VentureWire previously reported has structured its next fund to focus more attention on the China market.
Original Article: With IPOs Popping And LPs Hopping, VCs Look Toward China - Venture Capital Dispatch - WSJ
