InfoTech Closer to $100m

InfoTech Pacific Ventures has closed on $57 million of a $100 million-targeted fund, according to a regulatory filing. The fund is domiciled in < ?xml:namespace prefix = st1 ns = "urn:schemas-microsoft-com:office:smarttags" />Palo Alto, Calif., but operates out of Beijing. Limited partners include Procific and Citgo. www.infovc.com < ?xml:namespace prefix = o ns = "urn:schemas-microsoft-com:office:office" />