Hony Capital made its first SOE transactionthe acquisition of China Glass. Newbridge Capital. 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. To be a leading investment group with superb return for investors and trust from stakeholders. Madison Dearborn Partners. He also holds a Masters Degree in Community Development and Applied Economics from University of Vermont, a Bachelors Degree in International Trade and Economics from Renmin University of China. Hony Capital has raised its eighth private equity fund with US$2.2 billion in total commitments, lower than previously reported US$2.7 billion, according to parent Legend Holdings Corporation's interim report. Hony Capitalis is an investment management firm. COPYRIGHT 2019 Hony Capital All rights reserved. Hony Capital acquired the largest private hospital in Shanghai, Yangsi Hospital, through its hospital management group. Information on investments, limited partners, investment strategy, team and returns for Hony Ventures Fund I. 293 followers 294 connections. Mr. John Zhao is the Chairman of Hony Capital, an alternative investment management group focusing on opportunities in China. Hony focuses on sectors where it has developed expertise: pharmaceuticals and healthcare, consumer & retail, media & entertainment, financial services, construction materials, machinery, and alternative energy & resources. Hony Capital has had 13 exits. The firm prefers to invest through means of buyouts and growth capital. Hony Capital is a Finance, Venture Capital & Private Equity, and Angel Investment company located in Peking, Beijing with $15.00 Million in revenue and 271 employees. They acquired PizzaExpress for 900M. This is a profile preview from the PitchBook Platform. Diversity Spotlight (US Headquarters Only): Types of diversity represented in an organization, specifically of those who are founding members, currently the CEO, or have check-writing abilities in an investment firm. Hony Capitalis is an investment management firm. To a lesser extent, the fund will also pursue investments in the media and entertainment, financial services, and energy resources sectors. It focuses on the development of China's real economy with "Value creation, Price . COPYRIGHT 2019 Hony Capital All rights reserved, (Arranged in alphabetical order by last name). Under her leadership, these value-add efforts brought to the portfolio companies significant benefits both in their management enhancement and financial performance. On this Wikipedia the language links are at the top of the page across from the article title. Mr. John Zhao is the Chairman and CEO of Hony Capital, a leading investment management firm in China; the Executive Vice President of Legend Holdings. Hony Capital puts China as its top market with investments in over 100 companies in areas of pharmaceutical and healthcare, consumer products, food and beverage, entertainment, environmental protection and new energy, as well as machinery and equipment manufacturing. HOPU Investments | 1,410 followers on LinkedIn. CBI websites generally use certain cookies to enable better interactions with our sites and services. Hony Capital has injected HK$780 million ($100 million) into Best Food Holdings, the Hong Kong-listed platform it established in 2016 to make investments in China's food and beverage industry. Use the PitchBook Platform to explore the full profile. Hony claims it can help PizzaExpress create more value in China using its extensive experience and network in its home market. Arlington Asset Investment. Get the full list, Youre viewing 5 of 59 exits. Before joining Hony Capital, Vivian Huang served for Nanjing Golden Eagle International Group and Golden Eagle Enterprise Management (China) Company Limited as Chief Financial Officer and other positions. Insights about top trending companies, startups, investments and M&A activities, notable investors of these companies, their management team, and recent . Backed by the state-owned Jiangsu High-Tech Investment Group, Addor Capital is part of the Yida Capital conglomerate of firms. Get the full list, Youre viewing 5 of 38 team members. Mr. Cho holds an EMBA degree from China Europe International Business School, L.L.M. Symphony Capital Group (SCG) is a successful real estate investment firm, led by seasoned professionals with expertise in real estate, finance, and business development. All rights reserved. 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. Year Founded: 2003; Headquarters: Beijing, China; . Hony Capital invested in Jushi Group, the worlds biggest glass fiber company. 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. All rights reserved. Get the full list, Morningstar Institutional Equity Research, 25th Floor, Hexa International Plaza Number 9. degree in Journalism from Communication University of China. Which types of acquisition does this organization make most frequently. STX drivs av filmproducenten Robert Simonds .Studion producerar filmer med en budget p mellan 10 och 80 miljoner dollar. Lenovo Capital has also joined hands with overseas institutional investors in the US and Israel to . 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. This copy is for your personal, non-commercial use only. All rights reserved. China's Hony Capital Ltd. earlier this month closed its maiden venture-capital fund, raising $130 million from international investors, as the company continues to broaden its investment focus. 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. By continuing to use this site you are consenting to these choices. Hony Capital completed its first cross-border M&A transactionthe acquisition of Italys largest concrete machinery manufacturer CIFA in partnership with Zoomlion. 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. Market-leading rankings and editorial commentary - see the top law firms & lawyers for Investment funds: foreign firms in China The Legal 500 > Asia Pacific > China > Investment funds: foreign firms . Morgenthaler. degree in Economics from Beijing Forestry University. This information is available in the PitchBook Platform. John Zhao, chief executive officer of Hony Capital, said the market value of STX had jumped six to seven times since Hony invested two years ago. Vivian Huang graduated from Nanjing University Business School, and she gained Master of Business Administration Degree from University of Missouri, St.Louis. Annaly Capital Management. Hony's portfolio companies include China Shijiazhuang Pharmaceutical Group (CSPC), Zoomlion, Shanghai City Investment Holdings, Shanghai Jin Jiang International, ENN, PizzaExpress (UK), STX (US), WeWork (US), etc. We invest in predominantly China-based companies, but most companies we invest, we invest in global . Dr. Lin Tun joined Hony Capital in 2013 and is now the CEO of Goldstream Capital Management Limited. Hony also invests in overseas consumer brands in order to create value by expanding their presence in China.. Hony Capital has invested in the areas of pharmaceutical and . [7], In January 2015, STX announced its first four films: The Gift, a thriller starring Jason Bateman, Rebecca Hall and Joel Edgerton, and written and directed by Edgerton; Secret in Their Eyes, a remake of the 2009 Argentine film, starring Chiwetel Ejiofor, Nicole Kidman and Julia Roberts, and written and directed by Billy Ray; The Boy, a psychological horror thriller directed by William Brent Bell and starring Lauren Cohan; The Free State of Jones, a Civil War drama starring Matthew McConaughey and written and directed by Gary Ross; and Russ and Roger Go Beyond, starring Will Ferrell and based on the true story of the collaboration between Russ Meyer and Roger Ebert. Ms. Wang holds a Joint MBA from the Kellogg School of Management, Northwestern University and the Hong Kong University of Science and Technology, and a B.A. Zhao also serves as Executive Vice President of Hony's sponsor firm, Legend Holdings, one of China's best known companies and the parent of Lenovo Group (HK.992). This is its first investment in the pharmaceutical industry. The firm prefers to invest in the pharmaceutical, healthcare, consumer products, catering, media and entertainment, environmental protection, energy, machinery, and equipment . and international best practices. Mr. Bao joined Hony Capital in 2014 as Managing Director and is responsible for real estate investments. Acquiree Name: Name of the acquired organization, Announced Date: Date the acquisition was announced, Transaction Name: Auto-generated name of transaction (e.g. ChinaMoneyNetwork.com 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 has invested in the areas of pharmaceutical and healthcare, consumption and catering, culture and media, environmental protection and new energy, as well as high-end manufacturing. He is The Standing Vice Manager of PE Administration Department, Member of Hony Real Estate Investment Committee, and Managing Director of Hony Capital. The fund may also target investments in cross-border deals that have the potential to leverage the growth of the Chinese economy. Brandywine Realty Trust. Prior to joining Hony Capital, Mr. Wang served as Project Manager of Lenovo Group. Hony Capital won an . Comparing to the other companies, this Hony Capital performs on 5 percentage points less the average number of lead investments. Their latest portfolio exit was Fenbi Education on January 09, 2023. Ms. Guo holds a B.S. (Arranged in alphabetical order by last name). 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. 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. 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. . Get the full list, To view Hony Capital Vs complete team members history, request access, Youre viewing 5 of 13 funds. The Global PE Centre opened in Qianhai Shenzhen-Hong Kong Modern Service Industry Cooperation Zone. Financing partners: ARCH Venture Partners, 6 Dimensions Capital, Boyu Capital, Yunfeng Capital, Sequoia Capital, and Blue Pool Capital. Source: Hony Capital RMB Fund I was closed at CNY 5 billion, with institutional investors including the National Social Security Fund. San Francisco Bay Area, Silicon Valley), Operating Status of Organization e.g. 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. This copy is for your personal, non-commercial use only. the Investments Committeefavors to reduce risk by considering new investment strategies, particularly through the private capital and private credit markets. W 15463) Before start of session 11 3 Hony, CIFA and Zoomlin - Creating Value and Strategic Choices in a . In investment projects, they collaborate to pave the way for investment and financing while creating environments for rapid business growth. View contacts for Hony Capital to access new leads and connect with decision-makers. Use the CB Insights Platform to explore Hony Capital's full profile. 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 . Adhering to the value creation investment philosophy, Hony partners with managers and entrepreneurs to build their businesses into sustainable leaders in respective industries. Information on investments, limited partners, investment strategy, team and returns for Hony Capital V. Use the PitchBook Platform to explore the full profile. Lenovo Capital, Legend Star, Legend Capital, and Hony Capital comprise the Lenovo Investment Cluster. [1] Hony plans to open hundreds of new PizzaExpress restaurants in China and India. Mr. Cho joined Hony Capital in 2004, and led and participated in a number of major investments as an investment professional in his early years at Hony, including CSPC, Simcere, Longhao and Solarfun. Hony Capital (Beijing) Co., Ltd. is a private equity firm focused on investment opportunities across China. Before that, Dr. Lin headed the Strategic Research and Business Development. degree from Peking University, and a B.S. [6] In April 2015, STX entered into a multi-year partnership with Universal Studios Home Entertainment, with Universal handling marketing, sales and distribution services for Blu-ray, DVD and VOD platforms of STX's theatrical titles in North America. The fund will focus on investing in the construction materials, pharmaceuticals and healthcare, construction machinery, and retail sectors. Hony has about US$10 billion under management. degree from Tianjin University. NRDC Equity Partners. A blank-check firm backed by Hony Capital, which has investments in TikTok owner ByteDance and WeWork's China unit, is aiming to raise $300 million in an U.S. initial public offering, according to . A-round investment in LaNova Medicines: a China-based global . Boston Properties. 2023 PitchBook. [12], In November 2015, Hony agreed to increase its minority stake in the Australian oil and gas company Santos for A$500 million. 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. In March 2016, Hony Capital led the F round of investment in WeWork and introduced Chinese investors including Legend Holdings, Jin Jiang, Greenland and China Oceanwide. Case Details Submission Date 1 Narayana Health: The Initial Public Offering Decision (HBS case no. CStone Pharmaceuticals. Submitters are 7x more likely to receive a qualified connection. Mr. Bao holds an MBA degree from Tsinghua University, and 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 . degree in Shanghai Jiao Tong University, Youth Talented Program. A blank-check firm backed by Hony Capital, which has investments in TikTok owner ByteDance and WeWork's China unit, is aiming to raise $300 million in an U.S. initial public offering, according to . $3.5 billion acquisition of Legendary Entertainment, which developed Jurassic World, and Fosun International's investment in Studio 8. Sat 12 Jul 2014 11.28 EDT. [13], Investors in Hony's private equity funds include numerous American and Canadian pension funds, the Bill & Melinda Gates Foundation, Goldman Sachs, and China's national social insurance fund. With a focus on cash flowing assets in high-growth markets across the United States, SCG has worked with over 100 accredited investors to acquire more than $150 million worth . Terryjoined HonyCapitalin 2016asManaging Director and Chief Financial Officer. https://www.wsj.com/articles/chinas-hony-capital-raises-130-million-for-first-venture-fund-11604586717. The fund is located in Beijing, China and invests in Mainland China. Ms. Wang has over 25 years of financial management experience and more than 20 years of fund management experience. Get the full list, California State Teachers' Retirement System, Youre viewing 5 of 30 limited partners. Description. Hony paid with US$ billion in debt with the remaining amount in equity. Submit your Analyst Briefing to get in front of investors, customers, and partners on CB Insights platform. Vivian Huang has accumulated for over twenty years experience in the field of corporate finance, internal control and operation management. To explore Hony Capital Vs full profile, request access. Copyright 2023 CB Information Services, Inc. All rights reserved. Ms. Guo joined Hony in 2008, She is Co-Founder of Hony Consulting and oversees IT Department in Hony. Hony paid roughly a 15% premium over market prices and agreed not to divest its shares for at least 12 months. Get the full list, Morningstar Institutional Equity Research, 25th Floor, Hexa International Plaza Number 9. Win whats next. This list of organizations invested in by Hony Capital provides data on their funding history, investment activities, and acquisition trends. Hony Capital's businesses cover PE, real estate, venture capital, hedge fund (Goldstream Investment), public offering fund management (Hony Horizon Fund). 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 . Experience Senior Vice President, Investor Relations . Hony Ventures Fund I is a venture capital fund managed by Hony Capital. $ 2 billion investment on january 9, 2019 3. Prior to joining Hony Capital, Ms. Cui was Producer & Chief Editor of CCTV Financial Channel and was one of the founders of Dialogue. DealShot: 12 Deals Worth $60 Million With Hony Capital, Alibaba Entrepreneurs Fund And Others, Hony Capital Switches SPAC IPO Focus from U.S. to Hong Kong, China's Hony Capital-backed Spac Withdraws From Us Ipo - Cna, 06:00 EDT Hony Capital invested in Simcere Pharmaceutical. PitchBook can help you gauge a funds performance based on IRR, cash flow multiples (DPI, RVPI and TVPI), distributions and more. Chinas Hony Capital Ltd. earlier this month closed its maiden venture-capital fund, raising $130 million from international investors, as the company continues to broaden its investment focus. Hony Capital, founded in 2003, is a leading investment management firm that specializes in private equity buyout and expands into areas including real estate, venture capital, hedge fund (Goldstream), mutual fund (Hony Horizon Fund). 2023 ChinaPulse.com. Hony Capital. current Chief Executive Officer, John Zhao, CBI websites generally use certain cookies to enable better interactions with. The fund's recent activity is largely centered around technology and biotechnology, as notable investments include leading a $15 million round for . The below charts are illustrative of the type of graphical data available to our clients and do not represent live data. 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 environment and people with global resources. Win whats next. Founded in 2003, Hony Capital is a private equity firm based in Beijing, China. degree from China University of Science and Technology. Under Zhao's leadership, Hony Capital currently . The Firm targets buyouts and commercializations of Chinese state-owned enterprises as well as growth capital investments in rapidly-growing private Chinese companies. The studio produces movies with budgets of $10 million to $80 million. Current Investment-Asset Classes and Allocations. It focuses on the development of Chinas real economy with Intelligent investing for all as its mission. Prior to joining Hony Capital, Ms. Guo was Co-Founder and Managing Partner of Win-Win World International Management Consulting. The fund will take both minority and controlling investments of $50 to $100 million in state-owned and privately-owned enterprises. The below charts are illustrative of the type of graphical data available to our clients and do not represent live data. Mr. Zhao is also Vice Chairman of Asset Management Association of China (AMAC) and Chairman of the private equity & buyout fund committee under AMAC; board member of the China Development Research Foundation (CDRF), governor of Our Hong Kong . This is the second major . Hony Capital has acquired PizzaExpress on Jul 12, 2014. Hony Capital's founder and CEO, John Zhao, tells us what the experience taught his firm. Hony Capital has 28 portfolio exits. Hony Capital, founded in 2003 and sponsored by Legend Holdings, is a leading investment management firm. Individual news stories are copyright their respective sources. Hony Capital, founded in 2003, is a leading investment management firm that specializes in private equity buyout and expands into areas including real estate, venture capital, hedge fund (Goldstream), mutual fund (Hony Horizon Fund). PPTV is a Chinese online video network technology platform that offers TV shows, news, and other content for entertainment. With 18% and 4.8% of the shares outstanding respectively, JD.com, Inc. and Hony . the we company's expansion financed by venture capital investors were benchmark capital, hony capital and softbank . Vuclip is a video-on-demand service for emerging markets. Diversity Spotlight (US Headquarters Only). The assets value of these companies totals about RMB 2.9 trillion with sales volume of RMB 860 billion, providing more than 450,000 jobs. 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. July 23, 2020. #6 (tie). Deem is a technology platform for the business travel industry focusing on travel, car service, and expense solutions. PitchBook helps you see a funds investments based on target industry, year and deal typeso you can quickly understand its strategy at a glance. Today, with over USD 6.8 billion in assets under management across 7 funds and investments in over 60 companies, Hony is a leading China-focused private equity firm. To order presentation-ready copies for distribution to your colleagues, clients or customers visit https://www.djreprints.com. Hony Capital has 16 funds, including Hony Ventures Fund I. Hony Capital has 2 strategic partners and customers. Among these are supply chain and IT optimization for Coagent, performance system redesign for CMPG, IT blueprint and process reengineering for Ginwa, HappiGo and Longhao. Hony arbetade tillsammans med det amerikanska buyout-fretaget TPG Capital 2014 fr att investera cirka 1 miljard dollar i en ny Hollywood-filmstudio, STX Entertainment, fr att gra filmer fr distribution ver hela vrlden. Dingdong Maicai is a fresh vegetable e-commerce platform that is dedicated to accelerating production through technology. Hony Capital Fund VIII - has a main corpus of $2.2 billion plus a separate account worth $500 million. It has $10 billion of assets under management. Ms. Guo has led many business reengineering and operation improvement projects for Honys portfolio companies in various industries. 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 . DESCRIPTION. Hony Capital puts China as its top market with investments in over 100 companies in areas of pharmaceutical and healthcare, consumer products, food and beverage, entertainment, environmental protection and new energy, as well as machinery and equipment manufacturing. Hony Capital has made 92 investments. This is a profile preview from the PitchBook Platform. The algorithms determine which stories, images, and videos show, and in what order. Hony Capital received CSRC approval for its mutual fund license application and the authorization for the establishment of Hony Horizon Fund. Total number of diversity investments made by an investor, Total number of employee profiles an organization has on Crunchbase, Descriptive keyword for an Organization (e.g. Founded in 2003, Hony Capital is a pioneer in Chinas home grown private equity industry. Information on investments, limited partners, investment strategy, team and returns for Hony Capital RMB Fund III. Hony also invests in overseas consumer brands in order to create value by expanding their presence in China.[1]. I-Mab Provides Business and Corporate Updates and Reports Financial Results for the Six Months Ended June 30, 2022.