Burrill and Infinity Announce China Healthcare Fund JV

Burrill & Company has teamed up with Infinity Group to co-invest in China life science companies. Burrill, a San Francisco VC/PE firm, will set up an office in Hong Kong, where Infinity is already headquartered. Infinity, a JV collaboration between the Israeli conglomerate IDB and China Development Bank, already runs nine funds in China, combining both dollar and RMB investments. The projected size of the Burrill/Infinity investments was not disclosed. Burrill and Infinity will co-invest as equal partners. More details....