Beijing, China and Menlo Park, Calif. – March 11, 2010 – Northern Light Venture Capital (“NLVC”), a China-focused venture capital firm, today announced the appointment of Lei Yang as a Venture Partner. Mr. Yang will be based out of NLVC’s Beijing affiliate office and is responsible for seeking, evaluating, and managing new investment opportunities in clean tech, semiconductors and other advance manufacturing based technologies.
 
“I am very happy to have Lei Yang to join our team. His expertise will enhance our ability to capture the opportunities in clean tech, semiconductors and other advance manufacturing based technologies. These areas have been our ongoing strategic focus. ” said Feng Deng, Founding Managing Director of NLVC.

“NLVC is one of the most value-driven and value-adding VC firms that I have seen in China, ”quoted Lei Yang.  He continued, saying “I am very excited to join such a high caliber team.”

Lei joined NLVC in late February, 2010. He has over 10 years of experience in technology development, corporate strategy/operations and investments. Prior to NLVC, he was a Principal at VantagePoint Venture Partners (“VPVP”), where he focused on clean-tech investments (e.g., energy storage, lighting, solar, electric vehicle) in the greater China region.  Prior to VPVP£¬he was an Associate Partner at McKinsey & Company serving Fortune 500 companies across the high-tech value chain: semiconductor equipment, logic, memory and microprocessor devices, networking/storage equipment, and software and IT services. He helped multiple clients in challenging corporate transformation, cross-border M&A and post-merger integration situations. Lei  holds a B.S. degree in Chemistry from Peking University; he also holds an M.S. degree in Computer Sciences and a Ph.D. degree in Chemistry, both from the University of Wisconsin-Madison.

About Northern Light Venture Capital

Northern Light Venture Capital (NLVC) is a China-focused venture capital firm specializing primarily in private opportunities in consumer and technology-related businesses across various industries. NLVC was founded in 2005 and led by China–born executives with significant operational and entrepreneurial expertise in both China and the U.S. NLVC is headquartered in Menlo Park with offices (through affiliated advisory firms) in Beijing and Shanghai, China. For additional information, visit www.nlightvc.com.                
 
Contact:
Rebecca Qiu
Business Development Director
rebecca.qiu@nlightvc.com
+8610 82151000 (Extension 754)