Sequoia capital splits Asia

So sequoia capital one of the most profitable private equity fund has split into 4 parts, two Europe and America are run by one guy, China has been spun off as has India. According to rumours the head of non-Asia sequoia has been heard to say that China is uninvestable and returns in India continue to disappoint. Sequoia will return to its core business of Europe and North America. Asia has its own fund as does China. It is unclear if either have any free capital to further invest!

This confirms what I have been saying about China. The smart money is already gone, this restructuring was long planned as investors had to be re-allocated to each segment. But the management companies for India and China are no longer related to Sequoia.

This has been in the works for some months

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