Venture capitalist has tech focus

Investment strategy will be 'aggressive and decisive', says head of Fosun fund

When Wang Jun was asked by Fosun International Ltd, a Chinese conglomerate, to head a new venture capital fund, he accepted with barely a second thought.

"Fosun needed VC funding to perfect its asset management platform and discover new strategies and business models. Venture capital investment is my passion, and I knew there would be big opportunities, especially at a time when China's macro economy and its larger industries are changing so dramatically," said Wang.