Deals
Ex-JPMorgan China President Joins Mainland Venture Capital Fund
- To advise start-ups on strategy, capital-market transactions
- PurpleSky invests in Internet gaming, e-commerce firms
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JPMorgan Chase & Co.’s former China president is joining PurpleSky Capital, to help the early-stage venture capital firm develop its business on the mainland.
Brett Krause, 48, said he’ll provide advice to PurpleSky’s portfolio companies on their strategy and on preparing for initial public offerings or capital-markets transactions. "Throughout my career I’ve always been deeply involved in building new businesses," Krause said in a telephone interview on Thursday. "The attraction of a move to venture capital is a natural one for me."