Peak unicorn? New VC firm doesn't mince words.
Unicorn Capital Partners will focus on tech startups in Asia.
I guess it was only a matter of time…
There is a new venture capital firm called Unicorn Capital Partners, borrowing from the Aileen Lee-coined term that has come to refer to billion dollar tech startups. It already has secured $12 million in capital commitments from U.S. investors, per a regulatory filing, to back companies in China and the rest of Asia.
The group is led by Kah Fai Low, a former Seagate engineer who most recently was executive director of Singapore-based Eagle Asia Partners, and Tommy Yip, previously a partner and head of North Asia for private equity fund-of-funds manager Emerald Hill Capital Partners....MORE
HT: Business Insider who helpfully note:
According to its LinkedIn page, Unicorn Capital Partners "focuses on investing and partnering with the leading and emerging venture capital fund managers at the start of the Age of the Unicorns."
