Matrix Partners Raises US$750 Million for Fifth China Fund (Asia)

Source(s): U.S. Securities and Exchange Commission, AVCJ | Author(s): Holden Mann

Global venture capital fund manager Matrix Partners has reached a final close for Matrix Partners China V with US$750 million in capital commitments. The fund, which received commitments from 53 undisclosed investors, will invest in technology, education, energy, health care and financial services companies in China.