China is increasingly prominent in the annual Forbes ranking of top 100 venture capitalists.
This year's list shows 11 venture capitalists in China, up from 10 last year. More tellingly, the new ranking also includes 12 VCs in the U.S. doing deals in Asia, up from seven a year ago. See tally from 2015.
China VC newcomers on the list are JP Gan (#38) of Qiming Venture Partners, Allen Zhu (#65) of GSR Ventures and Bob Xu (#94) of ZhenFund.
New in the rankings among U.S. VCs investing in Asia is Joe Lonsdale (#100) of 8VC with his investment in China-focused e-commerce company Wish. Additionally, Dave McClure (#96) of 500 Startups joins the list this year with new micro-funds for Vietnam, Korea, Japan and India.
Regulars in the rankings from China are Neil Shen (#7) of Sequoia Capital China, Hans Tung (#21) of GGV Capital, Kui Zhou (#61) of Sequoia Capital China, Jenny Lee (#40) of GGV Capital, Quan Zhou (#44) of IDG Accel, Hurst Lin (#50) of DCM, Steven Ji (#62) of Sequoia Capital China and Richard Liu (#90) of Morningside Ventures.
Of firms investing in Asia, several regulars scored with multiple partners on the list: Sequoia Capital China topped with three partners while GGV Capital, IDG Accel, DCM and Tiger Global had two partners each.
India factored in the rankings too. Sameer Gandhi (#13) ranked high in part due to his investment in Flipkart. Additionally, Navin Chadda (#47) of Mayfield Fund has been investing in India as has Lee Fixel (#55) of Tiger Global. Australia also got on the Midas list with Rich Wong (#42) of Accel striking gold with his investment in Atlassian.
Companies that stood out on the list include such perennials as Alibaba, JD, Baidu, VIP Shop, Xiaomi, Tuniu and YY. Newcomer companies represented included SoFi from China and Flipkart from India. Look for these rankings to more broadly reflect Asia as venture investors look to Southeast Asia's emerging markets for quality deals beyond China and India.
