Win whats next. The fund's recent activity is largely centered around technology and biotechnology, as notable investments include leading a $15 million round for . They acquired PizzaExpress for 900M. 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. our sites and services. $ 4.4 billion investment on august 25, 2017 2. Management Team Hony Capital has 23 team members, including current Chief Executive Officer, John Zhao. Hony Capital 's most notable exits include Dingdong Maicai, WeWork, and Fenbi. 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 . Diversity Spotlight (US Headquarters Only). Yasten is a beauty company that creates high-quality cosmetics and skincare products. 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. Life Sciences Ventures Investment VP. Northleaf Capital Raises $675 Million to Back Private-Equity Funds, Deals, Investcorp Collects More Than $1.2 Billion to Invest in North America, Apollo in Talks to Buy Aerospace-Parts Maker Arconic, Corry Capital Closes $484 Million Life-Settlements Fund. Hony Capital, Huiyou Capital, Pivot Capital, Sumin Investment, Tsinghua-LH, and Virtue Capital Management, CITIC Capital, Hony Capital, Next Capital, and ZhenFund. 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. [2] STX is run by film producer Robert Simonds. Symphony Capital Group (SCG) is a successful real estate investment firm, led by seasoned professionals with expertise in real estate, finance, and business development. 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. 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. AvalonBay Communities. Angel, Fund of Funds, Venture Capital), This describes the stage of investments made by this organization (e.g. Annaly Capital Management. Submitters are 7x more likely to receive a qualified connection. Prior to joining Hony Capital, Ms. Chen served as Financial Manager of Lenovo Group. Hony Capital has had 13 exits. degree in Journalism from Communication University of China. Adhering to the value creation investment philosophy, Hony partners with managers and entrepreneurs to build their businesses into sustainable leaders in respective industries. 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. The algorithms determine which stories, images, and videos show, and in what order. Hony Capital has made 3 diversity investments. 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. Computer algorithms generally select what is shown on ChinaPulse.com. Ms. Wang has over 25 years of financial management experience and more than 20 years of fund management experience. Prior to joining Hony Capital, Ms. Guo was Co-Founder and Managing Partner of Win-Win World International Management Consulting. Hony Capital. (Arranged in alphabetical order by last name). John Zhao is the founder and Chief Executive Officer of Hony Capital, a leading private equity investment company in China. Hony Capital Fund VIII - has a main corpus of $2.2 billion plus a separate account worth $500 million. 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). By continuing to use this site you are consenting to these choices. Hony Capital had successfully raised RMB 2.56 billion for its real estate value-added strategy fund. 2023 PitchBook. degree from China University of Science and Technology. The Firm targets buyouts and commercializations of Chinese state-owned enterprises as well as growth capital investments in rapidly-growing private Chinese companies. Sat 12 Jul 2014 11.28 EDT. Use the PitchBook Platform to explore the full profile. #6 (tie). Dingdong Maicai is a fresh vegetable e-commerce platform that is dedicated to accelerating production through technology. This is a profile preview from the PitchBook Platform. The Ohio State University. The fund comes from US., Europe and China. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. View contacts for Hony Capital to access new leads and connect with decision-makers. With 18% and 4.8% of the shares outstanding respectively, JD.com, Inc. and Hony . San Francisco Bay Area, Silicon Valley), Operating Status of Organization e.g. [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. 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 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 . Hony Capital invests in areas of pharmaceutical and healthcare, consumer products, catering, media and entertainment, environmental protection and new energy, as well as machinery and equipment manufacturing. To be a leading investment group with superb return for investors and trust from stakeholders. To order presentation-ready copies for distribution to your colleagues, clients or customers visit https://www.djreprints.com. https://www.wsj.com/articles/chinas-hony-capital-raises-130-million-for-first-venture-fund-11604586717. 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 Capitalis is an investment management firm. [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. 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. The shares were sold at prices ranging from HK$7.03 TO HK$7.15 each. Ms. Wang joined Hony in 2003 and currently serves as managing director that is responsible for the design and management of Hony Partners Group. Angel, Fund of Funds, Venture Capital), General contact email for the organization. degree from Peking University, and a B.S. Backed by the state-owned Jiangsu High-Tech Investment Group, Addor Capital is part of the Yida Capital conglomerate of firms. [1] Hony plans to open hundreds of new PizzaExpress restaurants in China and India. Use of these cookies, which may be stored on your device, permits us to improve and customize your experience. BHR Winwood Investment Management Ltd is currently the company's largest shareholder with 24% of shares outstanding. Their latest portfolio exit was Fenbi Education on January 09, 2023. Hony Capital is a Chinese private equity firm, owned by Legend Holdings. 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 . CBI websites generally use certain cookies to enable better interactions with our sites and services. Information on investments, limited partners, investment strategy, team and returns for Hony Capital V. Use the PitchBook Platform to explore the full profile. Ms. Guo joined Hony in 2008, She is Co-Founder of Hony Consulting and oversees IT Department in Hony. Americold. Phone Number +86 10 8265 5800. 2023 PitchBook. site you are consenting to these choices. 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 . Their latest acquisition was Better Sun Education on July 01, 2017. 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. the Investments Committeefavors to reduce risk by considering new investment strategies, particularly through the private capital and private credit markets. Dr. Lin holds a Ph.D in economics and M.Phil. Information on investments, limited partners, investment strategy, team and returns for Hony Ventures Fund I. In investment projects, they collaborate to pave the way for investment and financing while creating environments for rapid business growth. To view Hony Capital Fund VIIIs complete investments history, request access, Youre viewing 5 of 12 limited partners. In July 2012, Hony Capital became the first private equity company registered in Qianhai Shenzhen-Hong Kong Modern Service Industry Cooperation Zone. The Firm targets buyouts and commercializations of Chinese state-owned enterprises as well as growth capital investments in rapidly-growing private Chinese companies. This is the second major . Vuclip is a video-on-demand service for emerging markets. 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. Copyright 2023 Dow Jones & Company, Inc. All Rights Reserved. STX says it will release as many as 15 films per year by 2017. Information on investments, limited partners, investment strategy, team and returns for Hony Capital RMB Fund III. 2023 ChinaPulse.com. We invest in predominantly China-based companies, but most companies we invest, we invest in global . Lenovo Capital has also joined hands with overseas institutional investors in the US and Israel to . A first close of $1 billion is expected in mid-October. Currently, Vivian is Director and Chief Executive Officer of Hony Horizon Fund Management Company Limited. Win whats next. Their latest investment was in CVA Chip as part of their Series B on February 2, 2023. Get the full list, Morningstar Institutional Equity Research, Managing Director & Chief Operating Officer, 25th Floor, Hexa International Plaza Number 9. Mr. Cho is the CEO of Hony Capital, responsible for the operation and management of the company. Vivian Huang joined Hony Capital in 2013. Hony Capital's founder and CEO, John Zhao, tells us what the experience taught his firm. It focuses on the development of China's real economy with "Intelligent investing for all " as its mission. This is a profile preview from the PitchBook Platform. 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 . The fund is located in Beijing, China and invests in Mainland China. With nearly 6 years of financial management experience and more than 15 years of investment experience, Ms. Chen is familiar with the restructuring of state-owned enterprises, the operating mechanism of large enterprises and the operation of capital markets. 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 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 invested in WeWork, a leading player in global shared economy. 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. $ 2 billion investment on january 9, 2019 3. in economics & finance from University of Cambridge. Individual news stories are copyright their respective sources. Hony Capital acquired the largest private hospital in Shanghai, Yangsi Hospital, through its hospital management group. DESCRIPTION. 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. Ms. Guo holds a B.S. WhatsApp acquired by Facebook). Hony's primary focus is within the construction materials . December 15, 2022 After joining Hony Capital, Vivian Huang has successfully served as Chief Financial Officer of Jiangsu Sunrise Industry Capital Management Company Limited and Chief Financial Officer, Chief Operation Officer, General Manager of Sales & Marketing Department and Deputy General Manager of Hony Horizon Fund Management Company Limited. 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. Get the full list, Youre viewing 5 of 38 team members. Vivian Huang graduated from Nanjing University Business School, and she gained Master of Business Administration Degree from University of Missouri, St.Louis. Given the current development of capital markets in China at the moment, equity capital markets is the dominant product group. Hony Capital acquired 9 companies. 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. The firm prefers to invest in the pharmaceutical, healthcare, consumer products, catering, media and entertainment, environmental protection, energy, machinery, and equipment . [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. Founded in 2003, Hony Capital is a private equity firm based in Beijing, China. Mr. Chen is a member of the 11th Shanghai Youth Federation. Hony Capital, founded in 2003 and sponsored by Legend Holdings, is a leading investment management firm. W17503) Before start of session 4 2 Fairfax and Thomas Cook India - PE, Permanent Capital and Public Markets (HBS no. Hony Capital has acquired PizzaExpress on Jul 12, 2014. Fenbi provides vocational education examination services. 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 The below charts are illustrative of the type of graphical data available to our clients and do not represent live data. The fund will take both minority and controlling investments of $50 to $100 million in state-owned and privately-owned enterprises. HONG KONG , Sept. 11 , 2017 / PRNewswire / -- Digital Domain Holdings Limited , one of the largest and most innovative providers of digital visual effects and virtual reality experiences , proudly announces its collaboration with Poly Capital and Hony Capital , to establish Digital Domain . Investments: - Healthcare/Biotech/Medtech. Metalmark Capital. 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. the we company's expansion financed by venture capital investors were benchmark capital, hony capital and softbank . 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. [citation needed], STX has direct distribution agreements with North American theater chains AMC, Regal, Cinemark and Carmike. Get the full list, California State Teachers' Retirement System, Youre viewing 5 of 30 limited partners. 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. 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. Which types of acquisition does this organization make most frequently. The fund will focus on investing in the construction materials, pharmaceuticals and healthcare, construction machinery, and retail sectors. Currently Ms. Cui serves as Director of STX Entertainment, Linmon Pictures and Qianqiusui, she was Director of HappiGo (300413.SS) and SMG Pictures. He is The Standing Vice Manager of PE Administration Department, Member of Hony Real Estate Investment Committee, and Managing Director of Hony Capital. The Global PE Centre opened in Qianhai Shenzhen-Hong Kong Modern Service Industry Cooperation Zone. Honey R Capital is an investment and buy-side due diligence firm backed by a multi-family office.