PPTV is a Chinese online video network technology platform that offers TV shows, news, and other content for entertainment. Lenovo Capital has also joined hands with overseas institutional investors in the US and Israel to . 2023 PitchBook. 6th Floor, South Tower C, Raycom InfoTech Park No. Ms. Guo holds a B.S. Hony Capital's founder and CEO, John Zhao, tells us what the experience taught his firm. Prior to joining Hony Capital, Terrywas a Tax Partner at PwC. Join to view profile Goldstream Investment. 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. Heis responsible for all aspects of financial affairs. Greater China; 16 January 2020 Hony increased its equity in Santos from 1.4% to 7.9% via this transaction. Their latest investment was in CVA Chip as part of their Series B on February 2, 2023. Hony Capital puts China as its top market with investments in over 100 companies in areas of pharmaceutical . Hony Capital's businesses cover PE, real estate, venture capital, hedge fund (Goldstream Investment), public offering fund management (Hony Horizon Fund). Total number of diversity investments made by an investor, Announced Date: Date when the Investment is announced, Organization Name: Name of the organization that received the investment, Lead Investor: This field indicates whether an investor led/organized the investment, Funding Round: Name of the funding round where the Investment is made, Money Raised: Amount of money raised in Funding Round. He worked withlocal and overseas private equity institutionsin designing fund structure and tax planning for fundraising. 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. Experience Senior Vice President, Investor Relations . 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. Mr. Bao joined Hony Capital in 2014 as Managing Director and is responsible for real estate investments. 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. Sat 12 Jul 2014 11.28 EDT. Brandywine Realty Trust. 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 Fund VIII - has a main corpus of $2.2 billion plus a separate account worth $500 million. Management Team 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). Since its founding in 2003, Hony Capital has gained leading market positions in private equity and real estate investments. To explore Hony Capital Vs full profile, request access. The fund may also target investments in cross-border deals that have the potential to leverage the growth of the Chinese economy. degree in Finance from Renmin University of China. The fund will be managed by Hony Capital's 52 investment professionals, 20 in-house consulting professionals, and 50 support staff from the firm's offices in Beijing, Hong Kong and Shanghai. Description. On this Wikipedia the language links are at the top of the page across from the article title. In investment projects, they collaborate to pave the way for investment and financing while creating environments for rapid business growth. Hony Capital 's most notable exits include Dingdong Maicai, WeWork, and Fenbi. To view Hony Capital Fund VIIIs complete investments history, request access, Youre viewing 5 of 12 limited partners. He is responsible for establishing the investment management platform in the catering sectorBest Food Holding Company Limited. 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. Hony Capital (Beijing) Co., Ltd. is a private equity firm focused on investment opportunities across China. The algorithms determine which stories, images, and videos show, and in what order. $3.5 billion acquisition of Legendary Entertainment, which developed Jurassic World, and Fosun International's investment in Studio 8. Life Sciences Ventures Investment VP. The Global PE Centre opened in Qianhai Shenzhen-Hong Kong Modern Service Industry Cooperation Zone. The typical startup value when the investment from Hony Capital is more than 1 billion dollars. 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 . Hony Capital invested in Simcere Pharmaceutical. 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. Pizza Express has been bought for 900m by a Chinese firm which plans to roll out the British restaurant chain in the world's most populous country. MatlinPatterson Global Advisors. STX Entertainment is a global media company that creates, produces, distributes, finances and markets film, television and digital media. It focuses on the development of Chinas real economy with Intelligent investing for all as its mission. Which types of acquisition does this organization make most frequently. Under Zhao's leadership, Hony Capital currently . Legend Holdings provided Hony, a pioneer in China's private equity industry, with its start-up capital. Get the full list, Youre viewing 5 of 59 exits. Hony Capital completed its first cross-border M&A transactionthe acquisition of Italys largest concrete machinery manufacturer CIFA in partnership with Zoomlion. 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. Currently, Vivian is Director and Chief Executive Officer of Hony Horizon Fund Management Company Limited. ByteDance, the parent company of TikTok, is weighing its ownership options for the popular video app after the Trump administration threatened to ban the app from the United States . Mr. Wang holds an Tsinghua-MIT University Joint MBA degree, and a B.A. Win whats next. . The firm prefers to invest through means of buyouts and growth capital. 2, Ke Xue Yuan Nan Lu, Haidian District. To order presentation-ready copies for distribution to your colleagues, clients or customers visit https://www.djreprints.com. (Arranged in alphabetical order by last name). Hony Capital manages about $10 billion fund. Dingdong Maicai is a fresh vegetable e-commerce platform that is dedicated to accelerating production through technology. July 23, 2020. Hony Capital is a Chinese private equity firm, owned by Legend Holdings. Annaly Capital Management. 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 . Back Submit. Prior to joining Hony Capital, Mr. Cho served as attorney of Jingtian & Gongcheng Law Firm. Hony Capital made its first SOE transactionthe acquisition of China Glass. The studio produces movies with budgets of $10 million to $80 million. Considering the real fund results, this VC is 23 percentage points more often commits exit comparing to other organizations. Hony Capital currently has USD 13 billion under management, with investors from China and the worlds leading investment institutions, including pension funds, sovereign wealth funds, university endowment funds, insurance companies, family foundations and individual investors such as Goldman Sachs, Canadian Pension Plan Investment Board, Teacher Retirement System of Texas, Abu Dhabi Investment Authority, Kuwait Investment Authority, Temasek, National Council for Social Security Fund, and China Life. Hony capital invested in Shanghai Chengtou Holdings (600649.SH), which was a wind indicator for new era of SOE reform in Shanghai. in economics & finance from University of Cambridge. site you are consenting to these choices. Vivian Huang joined Hony Capital in 2013. With children and the disadvantaged as the main beneficiaries, Hony Charity Foundation has participated in charity events related to education, culture and healthcare. Lux Capital. Hony Capital, founded in 2003 and sponsored by Legend Holdings, is a leading investment management firm. 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 . Comparing to the other companies, this Hony Capital performs on 5 percentage points less the average number of lead investments. Hony Capital has 28 portfolio exits. 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 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. Hony Capital (Beijing) Co., Ltd. is a private equity firm focused on investment opportunities across China. This is its first investment in the pharmaceutical industry. Hony Capital has acquired PizzaExpress on Jul 12, 2014. The firm prefers to invest through means of buyouts and growth capital. The firm prefers to invest in the pharmaceutical, healthcare, consumer products, catering, media and entertainment, environmental protection, energy, machinery, and equipment . Active, Closed, Alternate or previous names for the organization, This describes the type of investor this organization is (e.g. 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 . Get the full list, California State Teachers' Retirement System, Youre viewing 5 of 30 limited partners. [12], In November 2015, Hony agreed to increase its minority stake in the Australian oil and gas company Santos for A$500 million. Get the full list, Morningstar Institutional Equity Research, 25th Floor, Hexa International Plaza Number 9. 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 had 13 exits. [3], In 2008, Hony assisted Zoomlion Heavy Industry Science & Technology to purchase Italian equipment manufacturer Compagnia Italiana Forme Acciaio. 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. Hony Capital, founded in 2003 and sponsored by Legend Holdings, is a leading investment management firm. According to regulatory filings, Honey will purchase 75.53 million shares at A$6.8 per share. Get the full list, To view Hony Capital Vs complete team members history, request access, Youre viewing 5 of 13 funds. Hony Capital acquired the largest private hospital in Shanghai, Yangsi Hospital, through its hospital management group. Prior to joining Hony Capital, Mr. Wang served as Project Manager of Lenovo Group. The Investment Committee establishes and adjusts strategic allocations within both asset class groups as well as asset classes, and This feature is in beta and may change with future updates. Hony Capitalis is an investment management firm. 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. To be a leading investment group with superb return for investors and trust from stakeholders. Their latest acquisition was Better Sun Education on July 01, 2017. Hony completely divested itself of CSPC Pharmaceutical equity. Current Investment-Asset Classes and Allocations. Hony Capital invested in Jushi Group, the worlds biggest glass fiber company. In July 2012, Hony Capital became the first private equity company registered in Qianhai Shenzhen-Hong Kong Modern Service Industry Cooperation Zone. The below charts are illustrative of the type of graphical data available to our clients and do not represent live data. 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. To explore Hony Capital Fund VIIIs full profile, request access. Mr. Cho is the CEO of Hony Capital, responsible for the operation and management of the company. General Information. BHR Winwood Investment Management Ltd is currently the company's largest shareholder with 24% of shares outstanding. The fund comes from US., Europe and China. Hony Ventures Fund I is a venture capital fund managed by Hony Capital. Hony Capital acquired 9 companies. Prior to joining Hony Capital, Mr. Chen was Senior Investment Manager of DLong International Strategic Investment Company. Hony's primary focus is within the construction materials . This is a profile preview from the PitchBook Platform. Simonds said: "Wanda's purchase is a very smart . Yasten is a beauty company that creates high-quality cosmetics and skincare products. 2023 PitchBook. 2013 Hony capital invested in Shanghai Chengtou Holdings (600649.SH), which was a 'wind indicator' for new era of SOE reform in Shanghai. The fund is located in Beijing, China and invests in Mainland China. WeWork is a platform for creators that transforms buildings into dynamic environments for creativity, focus, and collaboration. Information on investments, limited partners, investment strategy, team and returns for Hony Capital RMB Fund III. Individual news stories are copyright their respective sources. 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. Dr. Lin holds a Ph.D in economics and M.Phil. He is The Standing Vice Manager of PE Administration Department, Member of Hony Real Estate Investment Committee, and Managing Director of Hony Capital. Prior to joining Hony Capital, Mr. Bao served as Director of Glory Co., Ltd,. #6 (tie). DESCRIPTION. 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. CStone Pharmaceuticals. Mr. Chen is a member of the 11th Shanghai Youth Federation. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. 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 . Hony Capital . Hony Ventures Fund I, which took four months to raise, closed early this month. Prior to joining Hony Capital, Ms. Chen served as Financial Manager of Lenovo Group. 2023 ChinaPulse.com. 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. Use the PitchBook Platform to explore the full profile. Meanwhile, Ms. Cui has led a number of deals in publishing, TV and film production, internet media, anime, games, theme parks, and other fields. 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 . Diversity Spotlight (US Headquarters Only). 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. Boston Properties. degree in Shanghai Jiao Tong University, Youth Talented Program. Hony Capital had successfully raised RMB 2.56 billion for its real estate value-added strategy fund. December 15, 2022 Insights about top trending companies, startups, investments and M&A activities, notable investors of these companies, their management team, and recent . 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