GGV Asia Mulls Venture Into Private Debt After Split From US (1)

Fresh off a split from its US counterpart, the Asia business of venture-capital firm GGV Capital is considering raising money to invest in private debt for the first time, according to people familiar with the matter.

GGV Capital, a global tech-investing powerhouse, has completed the separation of its US and Asia operations to form two standalone and independent partnerships, GGV said in a statement published Saturday on X. The firm had announced plans to break apart in September, months after a similar move by its larger peer Sequoia Capital during heightened geopolitical tensions between the world’s two superpowers.

GGV, which ...