Hong Kong-based Beyond Ventures's maiden fund clocks 58% IRR in four years

Hong Kong-based Beyond Ventures's maiden fund clocks 58% IRR in four years

Hong Kong. Source: Robert Bye/Unsplash

Hong Kong-based venture capital (VC) firm Beyond Ventures’s maiden fund has clocked an internal rate of return (IRR) of 58%, less than four years after it was launched at HK$1.2 billion ($154.3 million) to back early-stage technology startups in the Asian financial hub.