RWI wants to raise $100 for second fund
RWI Ventures of Menlo Park, Calif. is targeting $100 million for its second fund, according to a regulatory filing cited by PE Week. It has secured more than $56 million in capital commitments from LPs like St. Paul Teachers’ Retirement Fund Association, PE Week said.
China rising: Venture investments increase 47 percent in third quarter
Updated
The U.S. venture capital industry is seeing a slow and steady recovery.
China, however, is roaring like a dragon. Venture capital investments in mainland China companies rose 47 percent in the quarter, compared to the same quarter last year — and total investments for the year should shatter last year’s levels.
Venture capitalists pumped $361.1 million into 54 companies during the quarter, according to Ernst & Young and Dow Jones VentureOne.
Through the first three quarters of… Continue Reading