Eric Xu (pictured), has left SIG Asia Investment, the regional investment arm of trading firm Susquehanna International Group, to join venture capital GGV Capital, China Money Network reported today.
Xu was a managing director at SIG Asia Investment, and has taken the same position at GGV Capital. At the VC firm, he will be in charge of investments in startups developing smartphone and internet technologies for the e-commerce, financial and entertainment sectors.
He had been with SIG in 2007, with previous jobs including stints at Citic Capital and TDF Capital.
His appointments follows other recent additions to GGV Capital’s team, including Denise Peng, former chief operating officer of Chinese online travel company Qunar, and Semil Shah, founder of investment firm Haystack, who both joined as venture partners.
Jason Costa, product manager at Pinterest, has also joined GGV as an entrepreneur-in-residence.
– Image courtesy of GGV Capital