HONG KONG--(Marketwire - Jan 28, 2013) - Lightspeed China Partners (LCP) today announced that it has recently completed the final closing of Lightspeed China Partners I, L.P. and its affiliated fund, with total committed capital of $168 million, exceeding the firm's target of $150 million. The fund plans to invest exclusively in China-based businesses with a focus on early-stage companies in the Internet, mobile, services and enterprise solution sectors. Ron Cao and James Mi, Managing Directors of Lightspeed China Partners, will oversee the fund; both have extensive experience in venture capital and in growing successful China-based companies.
Reported by marketwire 22 hours ago.
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