Based in Shanghai, our China private equity team engages in buyouts and strategic investments in leading Chinese companies. Due to our extensive relationship base and deep understanding of the state-owned enterprise sector, we focus mainly on companies with some form of government ownership or involvement.
We fund our China investment activities through three dedicated funds:
- CITIC Capital China Partners, L.P. (2007)
- CITIC Capital China Partners II, L.P. (2010)
- CITIC Capital RMB Multi-Asset Class Fund – Buyout Strategy (2014)
Our China private equity team practices an investment strategy with several core attributes:
Leveraging of our competitive advantage
We seek investment opportunities where we feel we have an advantage over the competition due to our proprietary relationships, unique understanding of cultural and legal sensitivities, and experience in a given industry sector.
Targeting strong franchises
We proactively target the strongest Chinese companies which have high barriers to entry due to established brands, distribution and/or technology.
Partnering with management
A prerequisite to our investment is that we must feel comfortable in our ability to forge a strong working relationship with the management team of our investee companies.
We need to have a clear plan regarding the exit opportunities for our investments.