Nokia Growth Partners Launches Third Fund With US$250 Mln Commitment From Nokia - InvestingChannel

Nokia Growth Partners Launches Third Fund With US$250 Mln Commitment From Nokia

Nokia Growth Partners, a global venture firm, announced the launch of its third fund with a further US$250 million long term commitment from Nokia Corp.(NOK: Quote). Nokia Growth Partners will continue to invest in high potential businesses within the mobile ecosystem in the U.S., Europe and Asia. Nokia Growth Partners also announced its expanded presence in China with the appointments of David Tang as managing director and Lu Guo as principal. David Tang joins Nokia Growth Partners from AMD where he was Corporate Senior Vice President and President of AMD China. Lu Guo joins from Keytone Ventures where he was Vice President responsible for mobile and Internet investments. They will be based in Beijing.

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by RTT Staff Writer

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