Warrington: China's venture capital ecosystem lacks a solo capitalist and micro-fund market
Sean Warrington · Ed Grefenstette and Sean Warrington – Venture Market Update (EP.488) · Feb 23, 2026 · at 51:52
Sean Warrington of Gresham Partners explains why small-fund institutional allocators struggle to deploy capital into early-stage venture in China.
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“There really isn't a small fund market. The smaller funds in China are still a couple hundred million dollars. Yeah, there's some really small ones, but you just don't have this solo capital world.”
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