Walden Int'l Grows China Team

Bill Li has joined Walden International as a managing director based in the firm's Beijing office. The firm also has promoted vice presidents Yimin Zimmerer (Shanghai) and Hing Wong (Beijing) to managing director.

 

PRESS RELEASE

 

Walden International (WI), a leading global venture capital firm, is pleased to announce Mr. Bill Li has joined the firm as a Managing Director based in Beijing, China. Mr. Li has more than 18 years of experience in both start-ups and world class companies, including Google, where he was responsible for the launch of many ground-breaking mobile products and services with the biggest carriers in the world, including China Mobile. Bill has previously co-founded successful Internet/mobile start-ups in both Silicon Valley and China.

 

Additionally, two Vice Presidents within WI were recently promoted to Managing Directors in China: Ms. Yimin Zimmerer, based in Shanghai, and Dr. Hing Wong, who works from the Beijing office. Ms. Zimmerer targets investments in the communications, clean technology, and medical services sectors. She also spearheads many emerging technology and service opportunities in China. Dr. Wong has over 15 years of operational experience in the semiconductor industry, including 8 years with IBM Microelectronics, and has started companies in Silicon Valley. He focuses on investments in the semiconductor, components, and clean technology sectors. Ms. Zimmerer and Dr. Wong have each worked with WI on investment opportunities in both China and the U.S.

 

Lip-Bu Tan, Chairman of WI, commented, “Bill is a great addition to our team. The diverse industry focus of each of these MDs gives our firm an unparallel advantage in competing for investment opportunities in China. Their individual strengths in the mobile communications, Internet, semiconductor, clean tech, and emerging technology and service areas provide us deep domain knowledge. Together with investment professionals in the U.S., India, and Singapore, WI offers the unique advantages of one global integrated team working together to build international companies.”

 

About Walden International

WI is a leading international venture capital firm that provides investors access to cross-border, IT opportunities with the advantage of an unrivaled Pan Asia network since 1987. The firm's funds total over US$1.9 billion in committed capital. WI's investments include Creative Technology (SGX: CREAF SP), MindTree Consulting (BSE: MTCL IN), SINA (NASDAQ: SINA), Semiconductor Manufacturing International Corp. (NYSE: SMI and HKSE: 0981.HK), WebEx (acquired by Cisco). For more information, please visit www.waldenintl.com.