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WSJ: Qiming Joins Growing List Of VC, PE Firms Mulling Yuan Fund

Chinese venture firm Qiming Venture Partners has added an executive director and venture partner to its staff as it considers a move to enter the country’s venture market with a local-currency fund.

Janet Yu, who joins Shanghai-based Qiming as an executive director, previously worked as the general manager in the fund investing department in China Binhai New Area Venture Capital Guiding Fund, according to her biography published on Qiming’s Web site.