Tootfinder

Sources: HongShan, formerly Sequoia China, has invested only a quarter of the ~$9B it raised in 2022 and has been increasingly looking beyond China for deals (The Information)
https://www.theinformation.com/articles/neil-she…

Neil Shen’s HongShan Is Slow to Deploy Its $9 Billion Capital, Looks for Deals Outside China
When venture capital giant Sequoia decided to carve off Sequoia China two years ago in response to growing tensions between the U.S. and China, the newly independent China firm was expected to continue pouring its huge funds into Chinese startups. Renamed HongShan (Mandarin for Sequoia), the ...