Friday, 19 September 2014
Last updated 23 min ago
Feb 20 2009 | 10:36am ET
San Francisco-based venture capital firm WI Harper Group has announced the hiring of Dr. Jackson Hu, Dr. Ahmad Bahai, and Dr. Kang Sun as partners.
Hu comes to WI Harper from UMC, where he was chairman and CEO. Bahai was CTO of National Semiconductor, and Sun was president and COO of JA Solar.
The group also named former venture partner Dr. Francis Chen as vice chairman, while David Lam, formerly of the Carlyle Group, has joined WI Harper as a new partner.
“We believe that there are more opportunities for venture capital during economic depression,” said WI Harper Group chair Peter Liu in a statement, “In the meantime, we have strong faith in the recovery and sustainable growth of the Chinese economy. By having top-notch industry players on board, we are very pleased and confident in our capabilities to execute, especially within the rising sectors of cleantech and core technology in China.”
“I really believe that there is a bright future in the cleantech industry worldwide and especially for China,” said Sun.
WI Harper specializes in IT, life sciences and cleantech investments. The firm makes initial investments of $500,000 to $8 million, following up with investments of $10 million to $15 million during the life of the holding period. The firm is headquartered in San Francisco and has offices on Beijing, Taipei and Singapore.
Aug 25 2014 | 11:21am ET
As many of you know, FINalternatives was recently acquired by the owners of Futures magazine, a firm called The Alpha Pages LLC. Today marks the soft-launch of a new sister site for both publications. As its name suggests, The Alpha Pages will cover all types of alternative investments, going far beyond the more well-known ones such as hedge funds and private equity. Read more…
Credit default swaps brought down the London Whale and cost JPMorgan $6.2 billion. Here is how it happened.