Friday, April 29, 2011

Matrix Partners Closes $650 Million Funds To Invest More In China, India

Matrix Partners, a US-based investment firm with additional offices in India and China, this morning announced that it has closed two new funds: Matrix Partners China II (at $350 million) and Matrix Partners India II (at $300 million). The funds bring the firm's total international assets under management to $650 million in China and $600 million in India. Matrix Partners established an India presence back in 2006 and has an experienced entrepreneur running its investment team there: Avnish Bajaj, co-founder and former CEO of India's largest online marketplace Baazee.com (acquired by eBay). The firm has been active in China since 2008.

FISERV FIRST SOLAR FINISAR FEI COMPANY FAIRCHILD SEMICONDUCTOR INTERNATIONAL

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