BlackBerry Partners Fund launches $100M Chinese venture

The BlackBerry Partners Fund, the $150 million venture capital initiative created in 2008 to invest in mobile applications and services, announced the launch of a new affiliate effort targeting the emerging Chinese mobile ecosystem. A joint venture in association with venture capital and private equity management firm China Broadband Capital Partners, BlackBerry Partners Fund China earmarks $100 million for investment in opportunities surrounding the world's largest mobile subscriber market, with offices in Beijing, Shanghai, and Hong Kong. The fund is expected to close Aug. 31.

For more on BlackBerry Partners Fund China:
- read this release

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