Feng Deng didn't mention this to me when I saw him recently at Tsinghua Science Park, but his China-Siicon Valley firm, Northern Light Venture Capital, has just made a new hire: Lei Yang as venture partner.
Lei, a returnee to China from the U.S., is sourcing deals from the Beijing office in some of the firm's key areas of investment: cleantech and semiconductors.
He joins NLVC from VantagePoint Partners in San Francisco where he was a principal for three years focused on investment in solar, electric vehicles, lighting and energy storage. A PhD from the University of Wisconsin-Madison who also sports a degree from Peking University, Lei began his career at McKinsey & Co. in 2001.
Expect to hear more from Lei soon, as he is well-connected in the venture capital and tech space in China and Silicon Valley.