After backing Fika & BlueRun, SPH Media Fund open to being an LP in European, Israeli VCs

SPH Media Fund, an investor or Limited Partner (LP) in US-based Fika Ventures and China-focused BlueRun Ventures, is mulling a similar strategy to tap deal flows in distant markets such as Europe and Israel, a top executive with the firm said.

LP is a generic term for an investor in a venture capital fund. It is a rare for a venture capital firm to become an investor or LP in another VC, and when such deals are executed, it is for strategic purposes.

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