This is a news story, published by TechCrunch, that relates primarily to Sequoia Capital news.
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Chinese portfolio companiesTechCrunch
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83% Informative
HongShan, the Chinese investment firm spun off from Sequoia Capital in 2023 , is expanding into Europe and North Asia .
Limited partners have grown frustrated with how slowly the firm is deploying the $9 billion in capital commitments it secured two years ago .
The firm has taken a bigger bite of existing Chinese portfolio companies like TikTok ’s parent company ByteDance and an Instagram clone.
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