Cross-border venture capital firm GGV Capital has received US$80 million commitment from the US public pension San Francisco City & County Employees’ Retirement System (SFERS). The pension fund will allocate capital in three GGV funds, committing US$48 million for GGV Capital VII, US$20 million for GGV Discovery II and US$12 million to GGV Capital VII Plus. This is a part of the pension fund’s latest alternative asset commitments totaling US$226 million, according to a report from SFERS chief investment officer …

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