All rights reserved. Hony Capital, one of China's most successful private equity funds, said on Thursday it had raised nearly $4 billion from investors, defying the increasingly tight fund-raising climate. Active, Closed, Alternate or previous names for the organization, This describes the type of investor this organization is (e.g. the we company's expansion financed by venture capital investors were benchmark capital, hony capital and softbank . . Hony also invests in overseas consumer brands in order to create value by expanding their presence in China.[1]. Get the full list, Morningstar Institutional Equity Research, Managing Director & Chief Operating Officer, 25th Floor, Hexa International Plaza Number 9. degree from Peking University, and a B.S. Mr. Bao has worked for more than 26 years in the field of real estate development and investment, and developed multiple complex buildings in China with accumulated gross floor area of over 12,000,000 square meters and investment of over RMB 100 billion. Which types of acquisition does this organization make most frequently. Hony Capital has 28 portfolio exits. Prior to joining Hony Capital, Mr. Bao served as Director of Glory Co., Ltd,. W17503) Before start of session 4 2 Fairfax and Thomas Cook India - PE, Permanent Capital and Public Markets (HBS no. Ms. Guo has extensive experiences in multiple domains of operation management and has in-depth knowledge in business strategic planning, organization and management system design, supply chain management, product management, and IT management. PitchBook helps you see a funds investments based on target industry, year and deal typeso you can quickly understand its strategy at a glance. With children and the disadvantaged as the main beneficiaries, Hony Charity Foundation has participated in charity events related to education, culture and healthcare. [1] Hony plans to open hundreds of new PizzaExpress restaurants in China and India. This round of funding was led by Hony Capital, with participations from Hillhouse Capital, HOPU Investments, CDH Investment, Ally Bridge Group, Singapore-based EDBI, and existing investors C . To a lesser extent, the fund will also pursue investments in the media and entertainment, financial services, and energy resources sectors. Hony Capital completed its first cross-border M&A transactionthe acquisition of Italys largest concrete machinery manufacturer CIFA in partnership with Zoomlion. Information on investments, limited partners, investment strategy, team and returns for Hony Capital V. Use the PitchBook Platform to explore the full profile. Source: Hony Capital invested in Simcere Pharmaceutical. According to Everest Acquisition's prospectus, Hony Capital has made 18 investments in the healthcare sector in the past 18 years, worth a total of $1.2 billion. Hony Capital, sponsored by Legend Holdings, is an investment management firm that specializes in private equity buyout investment and expands into areas including real estate, hedge fund, mutual fund, and special opportunity investment. This is a profile preview from the PitchBook Platform. Currently, Vivian is Director and Chief Executive Officer of Hony Horizon Fund Management Company Limited. At the same time, the report revealed that Legend Capital, the venture and growth capital investment division of parent Legend Holdings, raised RMB3.3 billion (US$495 million) in total . Prior to joining Hony Capital, Mr. Cho served as attorney of Jingtian & Gongcheng Law Firm. Use of these cookies, which may be stored on your device, permits us to improve and customize your experience. CBI websites generally use certain cookies to enable better interactions with our sites and services. Angel, Fund of Funds, Venture Capital), This describes the stage of investments made by this organization (e.g. I-Mab Provides Business and Corporate Updates and Reports Financial Results for the Six Months Ended June 30, 2022. Owned by Hony Capital, Goldstream Investment is a platform focusing on the secondary market investment. As a multi-manager, multi-asset, and multi-strategy investment house powered by human and machine intelligence, we hold Type 1Dealing with security), Type 4 (Advising on securities) and Type 9 (Asset managementlicenses issued by the HKSFC, license in public securities of private funds . This information is available in the PitchBook Platform. Digital Domain Productions, and Poly Capital. Get the full list, Youre viewing 5 of 38 team members. in economics & finance from University of Cambridge. SaaS, Android, Cloud Computing, Medical Device), Where the organization is headquartered (e.g. Hony Capitals portfolio companies include China Shijiazhuang Pharmaceutical Group (CSPC), Zoomlion, Suning, Chengtou Holding, Jin Jiang International Hotels, ENN, STX, I-Mab Biopharma, Perfect Dairy, etc. John Zhao is the founder and Chief Executive Officer of Hony Capital, a leading private equity investment company in China. The studio produces movies with budgets of $10 million to $80 million. Hony Capital has made 3 diversity investments. In investment projects, they collaborate to pave the way for investment and financing while creating environments for rapid business growth. Hony Capitalis is an investment management firm. in International Law from the Erasmus University in Rotterdam, a M.S. Their latest investment was in CVA Chip as part of their Series B on February 2, 2023. Prior to joining Hony Capital, Ms. Wang served as Finance Director of AOL-Legend joint venture, deputy general manager of the Finance Department of Lenovo Group (HK:0992) and other positions. The Firm targets buyouts and commercializations of Chinese state-owned enterprises as well as growth capital investments in rapidly-growing private Chinese companies. Since it completed the FTZ's first PE cross-border investment in January 2014, Hony Capital has invested RMB funds under its management in several leading companies in the European and American markets. With 18% and 4.8% of the shares outstanding respectively, JD.com, Inc. and Hony . Win whats next. site you are consenting to these choices. Terryhad more than 20 years of experience in providing accounting and tax consulting services for multinational corporations and private equity institutions. The Global PE Centre opened in Qianhai Shenzhen-Hong Kong Modern Service Industry Cooperation Zone. Hony Capital won an . The firm prefers to invest in the pharmaceutical, healthcare, consumer products, catering, media and entertainment, environmental protection, energy, machinery, and equipment manufacturing sectors based in China. A blank-check firm backed by Hony Capital, which has investments in TikTok owner ByteDance and WeWork's China unit, is looking to raise $300 million in an U.S. initial public offering, the . According to regulatory filings, Honey will purchase 75.53 million shares at A$6.8 per share. You can read more about your. Prior to joining Hony Capital, Ms. Guo was Co-Founder and Managing Partner of Win-Win World International Management Consulting. Win whats next. the Investments Committeefavors to reduce risk by considering new investment strategies, particularly through the private capital and private credit markets. Hony Capital . The CB Insights tech market intelligence platform analyzes millions of data points on vendors, products, partnerships, and patents to help your team find their next technology solution. General Information. Search for: To be a leading investment group with superb return for investors and trust from stakeholders. ChinaMoneyNetwork.com Report this profile Report Report. [11], Through firms it controls, Hony Capital sold off about US$1.26 billion in stock in CSPC Pharmaceutical in April 2015 to take advantage of rising share prices. [6][8][9][10] STX also acquired worldwide rights to the action film Hardcore for $10 million after its premiere at the Toronto International Film Festival, making it the studio's first acquisition. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. Americold. By continuing to use this site you are consenting to these choices. To order presentation-ready copies for distribution to your colleagues, clients or customers visit https://www.djreprints.com. Hony Capitalis is an investment management firm. CStone Pharmaceuticals. Qianhai Shenzhen-Hong Kong Modern Service Industry Cooperation Zone, "Blockbuster IPO for Legend in Lenovo mark", "Producer Robert Simonds Partners With TPG, China's Hony Capital for New Studio Venture", "Robert Simonds, Gigi Pritzker Pact with TPG, Chinas Hony Capital on Production Venture,", "STX Entertainment, Showtime Announce TV Output Deal and First 4 Films,", "STX Entertainment Signs Pact With Universal Studios Home Entertainment,", "Showtime, STX Entertainment Announce TV Deal and First Four Films,", "STX Entertainment and Showtime Partner for Slate of Films,", "STX Entertainment Dates Films With Matthew McConaughey, Julia Roberts, Jason Blum,", "STX Entertainment Closing Deal For 'Hardcore': $10 Million And Wide Release Commitment Toronto", "Hony Capital Raising Up to $1.26 Billion By Selling CSPC Shares", "China's Hony in $350m Santos stake acquisition", "The 'real story' behind China's growth is all about consumption, private equity chief says", History of private equity and venture capital, Private investment in public equity (PIPE), Taxation of private equity and hedge funds, Private equity and venture capital investors, https://en.wikipedia.org/w/index.php?title=Hony_Capital&oldid=1103079112, Financial services companies established in 2003, Articles with unsourced statements from August 2022, Creative Commons Attribution-ShareAlike License 3.0, This page was last edited on 8 August 2022, at 07:22. Hony Capital has 16 funds, including Hony Ventures Fund I. Hony Capital has 2 strategic partners and customers. Beijing-based Hony Capital has bought PizzaExpress, the British restaurant chain, for about 900m in the latest example of China's growing appetite for overseas investments. Mr. Chen holds an EMBA degree from China Europe International Business School and a B.A. $3.5 billion acquisition of Legendary Entertainment, which developed Jurassic World, and Fosun International's investment in Studio 8. Heis responsible for all aspects of financial affairs. Hony increased its equity in Santos from 1.4% to 7.9% via this transaction. Hony commits capital to its Hong Kong-listed restaurant platform. According to Everest Acquisition's prospectus, Hony Capital has made 18 investments in the healthcare sector in the past 18 years, worth a total of $1.2 billion. The firm prefers to invest through means of buyouts and growth capital. Hony Capital, sponsored by Legend Holdings, is an investment management firm that specializes in private equity buyout investment and expands into areas including real estate, hedge fund, mutual fund, and special opportunity investment. Brookfield Property Partners. Hony Capital has had 13 exits. Sponsored by Legend Holdings, a leading Chinese conglomerate, Hony has blazed the trail in formulating private equity investment strategies suitable for Chinese conditions by combining a deep understanding of local . CDH was founded by WU Shangzhi, JIAO Shuge and four other investment professionals who worked together in the direct investment department of China International Capital Corporation beginning in 1995. Investments: - Healthcare/Biotech/Medtech. He has extensive experience in SOE restructuring and has in-depth knowledge in media, financial services, education and vocational training, consumer and other business service sectors. HOPU is a leading Asian alternative asset manager with principal offices in Beijing, Hong Kong, and Singapore. Youre viewing 5 of 32 investments. Mr. Wang joined Hony in 2003, he has been consistently focusing on investment in consumer & retail sector during the past 10 year, with a particular emphasis on sub-sectors of retail, Fast-Moving Consumer Goods (FMCG), catering and fast food franchise. Financing partners: ARCH Venture Partners, 6 Dimensions Capital, Boyu Capital, Yunfeng Capital, Sequoia Capital, and Blue Pool Capital. Computer algorithms generally select what is shown on ChinaPulse.com. Fenbi provides vocational education examination services. [2], Hony Capital currently manages over US$10.0 billion of assets and has invested in more than 100 companies domestically and abroad. degree in Shanghai Jiao Tong University, Youth Talented Program. In the 16 years since joining Hony, she has served as director, Executive Director, Managing director and has also served as the company's chief financial officer. Prior to joining Hony Capital, Dr. Lin served important roles as China International Capital Corporation, Executive Director and Macroeconomist; Asia Department Bank (Manila), Economist; University of Cambridge, Research Fellow; World Bank (Washington D.C.), Economist; UN University-World Institute of Development Economics Research (Helsinki), Associate Researcher; US National Milk Producers Federation (Virginia US), Economist; China State Development Bank, Project Officer. Brandywine Realty Trust. [2], Hony Capital is led by John Zhao, its founder and CEO, who also serves as Executive Vice President of Legend Holdings.[14]. Santos will use the money to pay off debt and increase its cash balance. Early Stage Venture, Late Stage Venture, Private Equity, Edit Lists Featuring This Company Section, Private Equity Stage Investors with Investments in Massachusetts, Late Stage Venture Investors Private Equity Firms, Early Stage Venture Investors with Investments in San Francisco Bay Area. Hony completely divested itself of CSPC Pharmaceutical equity. Debt capital markets is seen as less prestigious because a large number of Chinese firms will either go all equity/reinvest cash flow or use bank debt, but this will change as institutional investors look to purchase more Chinese debt and protections for bondholders . Hony Capital's portfolio companies include China Shijiazhuang Pharmaceutical . Ms. Guo holds a B.S. PizzaExpress owner Hony Capital, one of China's biggest private equity firms, said it aims to boost its global network of retail food outlets to more than 10,000 over the next decade from about . Individual news stories are copyright their respective sources. Get the full list, California State Teachers' Retirement System, Youre viewing 5 of 30 limited partners. Hony Capital is a Chinese private equity firm, owned by Legend Holdings.Legend Holdings provided Hony, a pioneer in China's private equity industry, with its start-up capital. Founded in 2003, Hony Capital is a private equity firm based in Beijing, China. The fund's recent activity is largely centered around technology and biotechnology, as notable investments include leading a $15 million round for . Mr. Chen joined Hony in 2003. Since its founding in 2003, Hony Capital has gained leading market positions in private equity and real estate investments. Submitters are 7x more likely to receive a qualified connection. The fund may also target investments in cross-border deals that have the potential to leverage the growth of the Chinese economy. PitchBook helps you see a funds investments based on target industry, year and deal typeso you can quickly understand its strategy at a glance. Founded in 2003, Hony Capital is a pioneer in Chinas home grown private equity industry. Mr. Bao joined Hony Capital in 2014 as Managing Director and is responsible for real estate investments. Insights about top trending companies, startups, investments and M&A activities, notable investors of these companies, their management team, and recent . STX Entertainment is a global media company that creates, produces, distributes, finances and markets film, television and digital media. $ 2 billion investment on january 9, 2019 3. Boardwalk Real Estate Investment Trust. The fund comes from US., Europe and China. Hony Capital Fund VIII comprises two pools of capital - one US dollar-denominated and the other renminbi-denominated - each with a target of $1 billion. Hony Capital received CSRC approval for its mutual fund license application and the authorization for the establishment of Hony Horizon Fund. Lenovo Capital has also joined hands with overseas institutional investors in the US and Israel to . Hony Capital had successfully raised RMB 2.56 billion for its real estate value-added strategy fund. National Social Security Fund of China (NSSF) committed CNY 3 billion to Hony Capital RMB Fund II. The beneficiaries include public companies such as CSPC Pharmaceutical Group (1093.HK), Simcere Pharmaceutical (2096.HK), Consun Pharmaceutical (1681.HK) and I-Mab Biopharma (NASDAQ . This copy is for your personal, non-commercial use only. View contacts for Hony Capital to access new leads and connect with decision-makers. [2][4], Hony worked with American buyout firm TPG Capital in 2014 to invest about US$1 billion in a new Hollywood movie studio, STX Entertainment, to make films for worldwide distribution. Morgan Stanley Private Equity. Phone Number +86 10 8265 5800. The Beijing-based private-equity firm, one of the largest in the country, confirmed the funds closing to The Wall Street Journal. degree in Economics from the Beijing Petro-Chemical Institute. Considering the real fund results, this VC is 23 percentage points more often commits exit comparing to other organizations. The fund will take both minority and controlling investments of $50 to $100 million in state-owned and privately-owned enterprises. Hony Capital, founded in 2003, specializes in buyout investments. Hony Capital Fund VIII comprises two pools of capital - one US dollar-denominated and the other renminbi-denominated - each with a target of $1 billion. Yasten is a beauty company that creates high-quality cosmetics and skincare products. [3], In 2008, Hony assisted Zoomlion Heavy Industry Science & Technology to purchase Italian equipment manufacturer Compagnia Italiana Forme Acciaio. degree in Economics from Beijing Forestry University. 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