The San Francisco Employees’ Retirement System (SFERS) has committed US$25 million to a China venture fund being raised by DCM, according to media reports. On September 8, DCM filed with the U.S. Securities and Exchange Commission to raise a total of US$170 million for the DCM Ventures China Turbo Fund L.P. The $25 million commitment […]
Visit ChinaMoneyNetwork.com for more daily finance news, including audio and video Internet podcasts covering important investment news and financial events in China. Follow us on Twitter @chinamoneypod subscribe to all episodes on iTunes.