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. [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. 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. Angel, Fund of Funds, Venture Capital), This describes the stage of investments made by this organization (e.g. Under her leadership, these value-add efforts brought to the portfolio companies significant benefits both in their management enhancement and financial performance. Win whats next. With children and the disadvantaged as the main beneficiaries, Hony Charity Foundation has participated in charity events related to education, culture and healthcare. SaaS, Android, Cloud Computing, Medical Device), Where the organization is headquartered (e.g. Hony Capital's founder and CEO, John Zhao, tells us what the experience taught his firm. Hony has about US$10 billion under management. Experience Senior Vice President, Investor Relations . Ms. Guo holds a B.S. 2023 ChinaPulse.com. our sites and services. 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 . 293 followers 294 connections. 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. With 18% and 4.8% of the shares outstanding respectively, JD.com, Inc. and Hony . Honey R Capital is an investment and buy-side due diligence firm backed by a multi-family office. BHR Winwood Investment Management Ltd is currently the company's largest shareholder with 24% of shares outstanding. Hony's primary focus is within the construction materials . 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 . Prior to joining Hony Capital, Mr. Bao served as Director of Glory Co., Ltd,. . Heis responsible for all aspects of financial affairs. Hony Capital Shanghai Platform was established. Morgenthaler. 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. Management Team 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 . Angel, Fund of Funds, Venture Capital), General contact email for the organization. Mr. John Zhao is the Chairman of Hony Capital, an alternative investment management group focusing on opportunities in China. degree from Tianjin University. The fund will take both minority and controlling investments of $50 to $100 million in state-owned and privately-owned enterprises. You can read more about your cookie choices at our privacy policyhere. 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. Get the full list, Morningstar Institutional Equity Research, 25th Floor, Hexa International Plaza Number 9. Hony capital invested in Shanghai Chengtou Holdings (600649.SH), which was a wind indicator for new era of SOE reform in Shanghai. $ 4.4 billion investment on august 25, 2017 2. Win whats next. 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. Backed by the state-owned Jiangsu High-Tech Investment Group, Addor Capital is part of the Yida Capital conglomerate of firms. in International Law from the Erasmus University in Rotterdam, a M.S. Information on investments, limited partners, investment strategy, team and returns for Hony Capital V. Use the PitchBook Platform to explore the full profile. [2], Hony Capital is led by John Zhao, its founder and CEO, who also serves as Executive Vice President of Legend Holdings.[14]. This is a profile preview from the PitchBook Platform. 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, founded in 2003 and sponsored by Legend Holdings, is a leading investment management firm. The investors of Hony Capital include Legend Holdings, the Chinese Academy of Sciences Holdings, the National Social Security Fund, China Life Insurance and leading investment institutions such as Goldman Sachs, Temasek, European and US pension funds and endowment funds. Source: Founded in June 2009 Beijing Hony Charity Foundation is the first non-public charity foundation established by a private equity institution in China. Adhering to the value creation investment philosophy, Hony partners with managers and entrepreneurs to build their businesses into sustainable leaders in respective industries. The Ohio State University. Mr. Chen holds an EMBA degree from China Europe International Business School and a B.A. Dingdong Maicai is a fresh vegetable e-commerce platform that is dedicated to accelerating production through technology. Mr. Chen joined Hony in 2003. It focuses on the development of China's real economy with "Value creation, Price Realization" as its investment philosophy. Use the PitchBook Platform to explore the full profile. It focuses on the development of China's real economy with "Value creation, Price . degree in Shanghai Jiao Tong University, Youth Talented Program. 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 . 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. Hony completely divested itself of CSPC Pharmaceutical equity. 2023 PitchBook. Case Details Submission Date 1 Narayana Health: The Initial Public Offering Decision (HBS case no. Year Founded: 2003; Headquarters: Beijing, China; . Hony paid roughly a 15% premium over market prices and agreed not to divest its shares for at least 12 months. Santos will use the money to pay off debt and increase its cash balance. [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. 6th Floor, South Tower C, Raycom InfoTech Park No. Hony Capital. Yasten is a beauty company that creates high-quality cosmetics and skincare products. Youre viewing 5 of 32 investments. Mr. Cho holds an EMBA degree from China Europe International Business School, L.L.M. This is a profile preview from the PitchBook Platform. Information on investments, limited partners, investment strategy, team and returns for Hony Ventures Fund I. 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 . MidOcean Partners. I-Mab Provides Business and Corporate Updates and Reports Financial Results for the Six Months Ended June 30, 2022. View contacts for Hony Capital to access new leads and connect with decision-makers. Hony Capital acquired the largest private hospital in Shanghai, Yangsi Hospital, through its hospital management group. 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 . China News, Data, Media Intelligence and Insights 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. 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 . 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. Hony has about US$10 billion under management. Hony Capital had successfully raised RMB 2.56 billion for its real estate value-added strategy fund. To order presentation-ready copies for distribution to your colleagues, clients or customers visit https://www.djreprints.com. Which industries has this organization had the most exits in? He serves as Vice Chairman of Century Ginwa Retail Holdings (0162.HK) and Non-Executive Director of Shanghai Municipal Investment (600649.SS), BOC International, Shanghai Rural Commercial Bank and Rongzhong Group. This feature is in beta and may change with future updates. Symphony Capital Group (SCG) is a successful real estate investment firm, led by seasoned professionals with expertise in real estate, finance, and business development. Dr. Lin holds a Ph.D in economics and M.Phil. Computer algorithms generally select what is shown on ChinaPulse.com. [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. Hony Capital 's most notable exits include Dingdong Maicai, WeWork, and Fenbi. 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 Capital acquired the largest private hospital in Shanghai, Yangsi Hospital, through its hospital management group. 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 recently partnered with Digital Domain Holdings on September 9, 2017. Prior to joining Hony Capital, Mr. Chen was Senior Investment Manager of DLong International Strategic Investment Company. 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). 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). 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. 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. It has $10 billion of assets under management. Hony Capital won an . W17503) Before start of session 4 2 Fairfax and Thomas Cook India - PE, Permanent Capital and Public Markets (HBS no. Hony Capital Fund VIII - has a main corpus of $2.2 billion plus a separate account worth $500 million. Hony Capital, founded in 2003 and sponsored by Legend Holdings, is a leading investment management firm. Ms. Chen joined Hony in 2003, and is responsible for investments in manufacturing and services, environmental protection and energy saving, new energy and other fields. $3.5 billion acquisition of Legendary Entertainment, which developed Jurassic World, and Fosun International's investment in Studio 8. Hony Capital. COPYRIGHT 2019 Hony Capital All rights reserved. Terryjoined HonyCapitalin 2016asManaging Director and Chief Financial Officer. The below charts are illustrative of the type of graphical data available to our clients and do not represent live data. This information is available in the PitchBook Platform. Information on investments, limited partners, investment strategy, team and returns for Hony Capital RMB Fund III. (Arranged in alphabetical order by last name). Hony Capital has acquired PizzaExpress on Jul 12, 2014. July 23, 2020. Hony Capital, founded in 2003, specializes in buyout investments. Hony Capital has 16 funds, including Hony Ventures Fund I. Hony Capital has 2 strategic partners and customers. Prior to joining Hony Capital, Ms. Cui was Producer & Chief Editor of CCTV Financial Channel and was one of the founders of Dialogue. Acquiree Name: Name of the acquired organization, Announced Date: Date the acquisition was announced, Transaction Name: Auto-generated name of transaction (e.g. [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. Hony Ventures Fund I, which took four months to raise, closed early this month. Vivian Huang has accumulated for over twenty years experience in the field of corporate finance, internal control and operation management. Active, Closed, Alternate or previous names for the organization, This describes the type of investor this organization is (e.g. 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. 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 . All rights reserved. Dr. Lin Tun joined Hony Capital in 2013 and is now the CEO of Goldstream Capital Management Limited. Hony claims it can help PizzaExpress create more value in China using its extensive experience and network in its home market. National Social Security Fund of China (NSSF) committed CNY 3 billion to Hony Capital RMB Fund II. Before that, Dr. Lin headed the Strategic Research and Business Development. degree in Journalism from Communication University of China. CBI websites generally use certain cookies to enable better interactions with our sites and services. Legend Holdings provided Hony, a pioneer in China's private equity industry, with its start-up capital. Their latest investment was in CVA Chip as part of their Series B on February 2, 2023. Prior to joining Hony Capital, Mr. Wang served as Project Manager of Lenovo Group. 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. Meanwhile, Ms. Cui has led a number of deals in publishing, TV and film production, internet media, anime, games, theme parks, and other fields. NRDC Equity Partners. PPTV is a Chinese online video network technology platform that offers TV shows, news, and other content for entertainment. the Investments Committeefavors to reduce risk by considering new investment strategies, particularly through the private capital and private credit markets. in Tax Accounting from Golden Gate University. Mr. Wang holds an Tsinghua-MIT University Joint MBA degree, and a B.A. To be a leading investment group with superb return for investors and trust from stakeholders. Lenovo Capital, Legend Star, Legend Capital, and Hony Capital comprise the Lenovo Investment Cluster. Join to view profile Goldstream Investment. Lux Capital. Terryhad more than 20 years of experience in providing accounting and tax consulting services for multinational corporations and private equity institutions. Limited partners, investment strategy, team and returns for hony Capital & # x27 ; s largest shareholder 24. 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