Pitango to Launch a "China" Fund
Calcalist today published, that Pitango VC is considering launching a new fund of MUSD100-200 to be focused mainly on Chinese ventures. For this purpose, Pitango plans to team up with China’s biggest VC, the state-controlled Shenzhen Capital Group.
Pitango was established and is headed by Chemi Peres, son of Israel’s president Shimon Peres, who is supposed to lead the China operation together with Aaron Mankovski, Chairman of the Israeli Venture Association (IVA).
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