Nokia Forms $100 Million Fund-of-Fund

Nokia Growth Partners has formed a $100 million fund-of-funds that will invest in venture capital funds focused on emerging technology markets like India and China. It will be led by new managing partners John Gardner and Paul Asel. Gardner was previously a partner with BlueRun Ventures (f.k.a. Nokia Venture Partners), while Asel led the India tech investment practice for the International Finance Corporation.