SINGAPORE: Facebook Inc co-founder Eduardo Saverin’s B Capital Group is moving into China, hiring former SoftBank Vision Fund partner Daisy Cai to help it hunt down promising startups.
Cai will run a team of about 10 investment professionals initially from Hong Kong and focus on Chinese tech startups serving businesses in health care, financial services and transportation, among others. As general partner at B Capital, which Saverin founded with former Bain Capital executive Raj Ganguly in 2015, she’s tasked with helping expand the young venture house’s global footprint.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
