Cooley Helps GGV Raise $625M For 4th Venture Capital Fund

Law360, New York (August 21, 2012, 4:04 PM EDT) -- GGV Capital, a venture capital firm based in California and China, has raised $625 million for its fourth venture capital fund, the firm's largest fund to date, GGV Capital said Tuesday.

The venture capital fund manager, based in Menlo Park, Calif., and Shanghai, said it raised $520 million in U.S. funds and RMB 650 million ($105 million) in funds from Chinese investors for the GGV Fund IV LP. With the combined commitments, the new fund has surpassed GGV Fund III LP, which launched in 2007 with...
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