SAN FRANCISCO, BEIJING and TAIPEI, Taiwan, May 17, 2016 /PRNewswire/ -- WI Harper Group, a leading early stage venture capital firm, is proud to announce the oversubscribed closing of WIH Fund VIII LP at US$175 million. WI Harper's most recent fund includes support from many leading international institutional investors. With WI Harper Group's family of funds, total assets under management are now close to US$1 billion.
WI Harper Group's Founder and Chairman, Mr. Peter Liu commented, "We are extremely pleased to announce the successful closing of Fund VIII which now brings our total AUM to US$1 billion. This is a significant milestone in our firm's long and successful history. WI Harper was founded 25 years ago based on a unique venture investment model that bridges technology innovation and market opportunities between the US and Asia. From inception, WI Harper has built an integrated platform with three offices throughout Greater China and the US. The investment team utilizes deep market insight and relationships across industries to achieve superior returns."
Mr. Liu further stated, "We deeply appreciate and are honored to have the continued strong support from our limited partners, which include leading institutional, family office, and corporate strategic investors. We are committed to WI Harper's proven cross-border investment model, and look forward to partner with exceptional entrepreneurs to bring their visions to market success and beyond."
With Fund VIII, WI Harper Group will continue to focus their investment in TMT sectors including mobile-first technologies, virtual and augmented reality, industrial and consumer robotics, expansion of cloud-enabled services, big data analytics, and the Internet of Things. Within the healthcare sector, the firm is currently focused on healthcare services including both clinical/digital health, innovative medical devices/diagnostics, and therapeutic discovery including pharmaceutical development.
About WI Harper Group
Founded in 1993, WI Harper Group is a global leader in cross-border early stage venture investing between the US and Asia. The firm manages US$1 billion in committed capital and has made over 300 investments with more than 80 exits. The firm maintains three offices in San Francisco, Taipei, and Beijing with over 20 investment professionals.
For more information, please contact:
Cathy Zhuang, Media Contact
WI Harper Group
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SOURCE WI Harper Group