Ex-Tiger MD helps women win lead role in China venture industry

New York

THE largest venture capital fund ever raised by a woman is not in Silicon Valley or even the US. It is in Beijing and is run by a former librarian who keeps such a low profile that she is a mystery in her native China.

Chen Xiaohong rarely attends industry conferences or events. She has not given a media interview in more than a decade until agreeing to break her silence this summer. "I don't like being part of a club," said Ms Chen during a four-hour discussion at her firm's headquarters. "I believe in staying independent, making your own decisions."