[5] In January 2015, STX signed a multiyear television output agreement to release its films exclusively to Showtime Networks during the premium television window, beginning in 2015 and covering the studio's theatrical releases through 2019. Get the full list, Youre viewing 5 of 59 exits. Hony Capital is a Chinese private equity firm, owned by Legend Holdings. 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 . Ms. Wang joined Hony in 2003 and currently serves as managing director that is responsible for the design and management of Hony Partners Group. It has $10 billion of assets under management. Hony Capital, founded in 2003, is one of the leading investment management institutions in China, with "To Create Value with Intelligent Capital" as its mission. Hony Capital, founded in 2003 and sponsored by Legend Holdings, is a leading investment management firm. Hony Capital had successfully raised RMB 2.56 billion for its real estate value-added strategy fund. This is its first investment in the pharmaceutical industry. The fund may also target investments in cross-border deals that have the potential to leverage the growth of the Chinese economy. IIM Ranchi - IBVC Group Assignment on Case based questions Sl No. 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. Terryjoined HonyCapitalin 2016asManaging Director and Chief Financial Officer. With 18% and 4.8% of the shares outstanding respectively, JD.com, Inc. and Hony . 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. 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. To be a leading investment group with superb return for investors and trust from stakeholders. Angel, Fund of Funds, Venture Capital), General contact email for the organization. Hony Capital puts China as its top market, with investments in over 100 companies in the areas of pharmaceutical and healthcare, media and entertainment, consumer products, food and beverage, as . Which types of acquisition does this organization make most frequently. [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. Terryreceived a B.S. ChinaMoneyNetwork.com Hony Capital . A first close of $1 billion is expected in mid-October. To explore Hony Capital Vs full profile, request access. Get the full list, Morningstar Institutional Equity Research, 25th Floor, Hexa International Plaza Number 9. We invest in predominantly China-based companies, but most companies we invest, we invest in global . Hony Capital acquired 9 companies. Hony Capital acquired the largest private hospital in Shanghai, Yangsi Hospital, through its hospital management group. 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 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. Get the full list, To view Hony Capital Fund VIIIs complete team members history, request access, Youre viewing 5 of 11 funds. Heis responsible for all aspects of financial affairs. Greater China; 16 January 2020 degree from China University of Science and Technology. Hony Capital, Huiyou Capital, Pivot Capital, Sumin Investment, Tsinghua-LH, and Virtue Capital Management, CITIC Capital, Hony Capital, Next Capital, and ZhenFund. 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. Comparing to the other companies, this Hony Capital performs on 5 percentage points less the average number of lead investments. Owned by Hony Capital, Goldstream Investment is a platform focusing on the secondary market investment. WhatsApp acquired by Facebook). Ms. Cui joined Hony in 2008 and is responsible for investment in entertainment and sports, with extensive operation and management experience in this area, she has played a key role in setting up and developing Honys investment strategy in media and entertainment related industries. in Tax Accounting from Golden Gate University. Hony Capital puts China as its top market with investments in over 100 companies in areas of pharmaceutical . Information on investments, limited partners, investment strategy, team and returns for Hony Capital RMB Fund III. Get the full list, Youre viewing 5 of 38 team members. 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. You can read more about your cookie choices at our privacy policyhere. 6th Floor, South Tower C, Raycom InfoTech Park No. Prior to joining Hony Capital, Mr. Bao served as Director of Glory Co., Ltd,. Lenovo Capital, Legend Star, Legend Capital, and Hony Capital comprise the Lenovo Investment Cluster. Prior to joining Hony Capital, Ms. Guo was Co-Founder and Managing Partner of Win-Win World International Management Consulting. Mr. Chen holds an EMBA degree from China Europe International Business School and a B.A. How many investments has this organization made over time? Metalmark Capital. I-Mab Provides Business and Corporate Updates and Reports Financial Results for the Six Months Ended June 30, 2022. Mr. Zhao holds an MBA degree from the Kellogg School of Management at Northwestern University, Masters degrees in Electronic Engineering and Physics from Northern Illinois University, and a Bachelors degree in Physics from Nanjing University. Hony Capital has 23 team members, including current Chief Executive Officer, John Zhao. John Zhao is the founder and Chief Executive Officer of Hony Capital, a leading private equity investment company in China. The sale comes . [2], Hony Capital is led by John Zhao, its founder and CEO, who also serves as Executive Vice President of Legend Holdings.[14]. Hony Capitalis is an investment management firm. All rights reserved. Mr. Bao joined Hony Capital in 2014 as Managing Director and is responsible for real estate investments. 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. Prior to joining Hony Capital, Mr. Chen was Senior Investment Manager of DLong International Strategic Investment Company. Vivian Huang joined Hony Capital in 2013. Mr. Bao holds an MBA degree from Tsinghua University, and a B.S. View contacts for Hony Capital to access new leads and connect with decision-makers. The Ohio State University. This information is available in the PitchBook Platform. 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. [2], Through its subsidiary Hony Capital, Legend acquired PizzaExpress for US$1.54 billion from private equity fund Cinven in 2014. 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 . To order presentation-ready copies for distribution to your colleagues, clients or customers visit https://www.djreprints.com. Hony commits capital to its Hong Kong-listed restaurant platform. Use the PitchBook Platform to explore the full profile. WeWork is a platform for creators that transforms buildings into dynamic environments for creativity, focus, and collaboration. Case Details Submission Date 1 Narayana Health: The Initial Public Offering Decision (HBS case no. 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. BHR Winwood Investment Management Ltd is currently the company's largest shareholder with 24% of shares outstanding. Dingdong Maicai is a fresh vegetable e-commerce platform that is dedicated to accelerating production through technology. Hony also invests in overseas consumer brands in order to create value by expanding their presence in China.[1]. 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 . [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 value of assets of portfolio companies, to become a leading investment group with superb return for investors and trust from stakeholders, No.41 globally and No.1 in China (2016 ranking), Top 10 investor of the year John Zhao2013,2015,2016, Top 10 PE investor of the year John Zhao2018, One-Year Overseas Golden Bull Private Fund Investment Manager (Equity Hedge) [Goldstream], No.1 on the Top 30 Chinese PE funds 2016,2017, 10 Best Investment Firms for Urban Regeneration 2018 (RE), COPYRIGHT 2019 Hony Capital All rights reserved. Join to view profile Goldstream Investment. 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. Hony Capital recently partnered with Digital Domain Holdings on September 9, 2017. Their most recent diversity investment was on Sep 7, 2021, when RootPath Genomics raised $50M. December 15, 2022 Madison Dearborn Partners. 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. Hony Capital acquired the largest private hospital in Shanghai, Yangsi Hospital, through its hospital management group. (Arranged in alphabetical order by last name). Insights about top trending companies, startups, investments and M&A activities, notable investors of these companies, their management team, and recent . A first close of $1 billion is expected in mid-October. 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). Search for: 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. Yasten is a beauty company that creates high-quality cosmetics and skincare products. the we company's expansion financed by venture capital investors were benchmark capital, hony capital and softbank . Hony has about US$10 billion under management. 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. Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model. Hony Capital manages about $10 billion fund. 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 . He is responsible for establishing the investment management platform in the catering sectorBest Food Holding 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 . 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. 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. degree from Tianjin Nankai University. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. 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. Mr. Wang holds an Tsinghua-MIT University Joint MBA degree, and a B.A. Hony Capital Fund VIII - has a main corpus of $2.2 billion plus a separate account worth $500 million. Boston Properties. NRDC Equity Partners. Hony Capital won an . Founded in June 2009 Beijing Hony Charity Foundation is the first non-public charity foundation established by a private equity institution in China. Vuclip is a video-on-demand service for emerging markets. 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. Simonds said: "Wanda's purchase is a very smart . STX Entertainment is a global media company that creates, produces, distributes, finances and markets film, television and digital media. 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 . Hony's primary focus is within the construction materials . Copyright 2023 CB Information Services, Inc. All rights reserved. This feature is in beta and may change with future updates. 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. The fund will focus on investing in the construction materials, pharmaceuticals and healthcare, construction machinery, and retail sectors. Arlington Asset Investment. 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. The fund comes from US., Europe and China. Year Founded: 2003; Headquarters: Beijing, China; . Deem is a technology platform for the business travel industry focusing on travel, car service, and expense solutions. and international best practices. Hony Ventures Fund I, which took four months to raise, closed early this month. Given the current development of capital markets in China at the moment, equity capital markets is the dominant product group. Hony has about US$10 billion under management. Backed by the state-owned Jiangsu High-Tech Investment Group, Addor Capital is part of the Yida Capital conglomerate of firms. Youre viewing 5 of 32 investments. Hony Capital's portfolio companies include China Shijiazhuang Pharmaceutical . He is The Standing Vice Manager of PE Administration Department, Member of Hony Real Estate Investment Committee, and Managing Director of Hony Capital. current Chief Executive Officer, John Zhao, CBI websites generally use certain cookies to enable better interactions with. The firm prefers to invest in the pharmaceutical, healthcare, consumer products, catering, media and entertainment, environmental protection, energy, machinery, and equipment manufacturing sectors based in China. Ms. Wang has over 25 years of financial management experience and more than 20 years of fund management experience. JP Morgan acted as Hony's adviser for this transaction. To a lesser extent, the fund will also pursue investments in the media and entertainment, financial services, and energy resources sectors. General Information. 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. The below charts are illustrative of the type of graphical data available to our clients and do not represent live data. Active, Closed, Alternate or previous names for the organization, This describes the type of investor this organization is (e.g. 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. All rights reserved. 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. This is the second major . Win whats next. Which industries has this organization most actively invested in? Brandywine Realty Trust. Hony Capital's founder and CEO, John Zhao, tells us what the experience taught his firm. Get the full list, Morningstar Institutional Equity Research, Managing Director & Chief Operating Officer, 25th Floor, Hexa International Plaza Number 9. W 15463) Before start of session 11 3 Hony, CIFA and Zoomlin - Creating Value and Strategic Choices in a . degree from Peking University, and a B.S. Tuniu is a consumer oriented travel website. He worked withlocal and overseas private equity institutionsin designing fund structure and tax planning for fundraising. Hony Capital has 16 funds, including Hony Ventures Fund I. Hony Capital has 2 strategic partners and customers. Hony Capital has made 3 diversity investments. 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. Hony Capital invested in Jushi Group, the worlds biggest glass fiber company. The firm prefers to invest through means of buyouts and growth capital. Hony increased its equity in Santos from 1.4% to 7.9% via this transaction. This is a profile preview from the PitchBook Platform. Hony Capital became the first private equity firm to enter into the Qianhai New District. Hony Capital, founded in 2003 and sponsored by Legend Holdings, is a leading investment management firm. https://www.wsj.com/articles/chinas-hony-capital-raises-130-million-for-first-venture-fund-11604586717. AvalonBay Communities. Hony Capital has 28 portfolio exits. . $ 4.4 billion investment on august 25, 2017 2. Type: Series B financing . [citation needed], STX has direct distribution agreements with North American theater chains AMC, Regal, Cinemark and Carmike. Morgan Stanley Private Equity. Before that, Dr. Lin headed the Strategic Research and Business Development. To explore Hony Capital Fund VIIIs full profile, request access. Honey R Capital is an investment and buy-side due diligence firm backed by a multi-family office. Their latest acquisition was Better Sun Education on July 01, 2017. STX says it will release as many as 15 films per year by 2017. Lenovo Capital has also joined hands with overseas institutional investors in the US and Israel to . Prior to joining Hony Capital, Terrywas a Tax Partner at PwC. Under her leadership, these value-add efforts brought to the portfolio companies significant benefits both in their management enhancement and financial performance. In investment projects, they collaborate to pave the way for investment and financing while creating environments for rapid business growth. Founded in 2003, Hony Capital is a pioneer in Chinas home grown private equity industry. 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. Target companies have scalable business models and the potential for high earnings growth. On this Wikipedia the language links are at the top of the page across from the article title. Computer algorithms generally select what is shown on ChinaPulse.com. Hony Capital closed its fifth flagship fund at $2.37 billion in January, 2012. 293 followers 294 connections. It focuses on the development of China's real economy with "Intelligent investing for all " as its mission. Their latest investment was in CVA Chip as part of their Series B on February 2, 2023. Since its founding in 2003, Hony Capital has gained leading market positions in private equity and real estate investments. Use the PitchBook Platform to explore the full profile. Hony Capital Shanghai Platform was established. The typical startup value when the investment from Hony Capital is more than 1 billion dollars. Prior to joining Hony Capital, Ms. Cui was Producer & Chief Editor of CCTV Financial Channel and was one of the founders of Dialogue. PitchBook can help you gauge a funds performance based on IRR, cash flow multiples (DPI, RVPI and TVPI), distributions and more. The firm prefers to invest through means of buyouts and growth capital. Management Team Brookfield Property Partners. Hony Capital 's most notable exits include Dingdong Maicai, WeWork, and Fenbi. 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. PPTV is a Chinese online video network technology platform that offers TV shows, news, and other content for entertainment. 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). W17503) Before start of session 4 2 Fairfax and Thomas Cook India - PE, Permanent Capital and Public Markets (HBS no. STX drivs av filmproducenten Robert Simonds .Studion producerar filmer med en budget p mellan 10 och 80 miljoner dollar. Hony Ventures Fund I is a venture capital fund managed by Hony Capital. Hony capital invested in Shanghai Chengtou Holdings (600649.SH), which was a wind indicator for new era of SOE reform in Shanghai. The below charts are illustrative of the type of graphical data available to our clients and do not represent live data. 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. 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 RMB Fund I was closed at CNY 5 billion, with institutional investors including the National Social Security Fund. 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). $ 2 billion investment on january 9, 2019 3. degree in Journalism from Communication University of China. Hony Capital has made 92 investments. Investment in the US and Israel to estate investments a platform focusing on travel, car service, energy... Strategic investment company in China. [ 1 ] a venture Capital investors were benchmark Capital, Legend Star Legend! Of financial management experience and more than 1 billion is expected in mid-October distribution agreements with American. Domain Holdings on September 9, 2019 3. degree in Journalism from University. Established by a private equity firm, owned by hony Capital, ms. Guo was and... 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To raise, closed early this month entertainment is a platform focusing on travel, car,. American theater chains AMC, Regal, Cinemark and Carmike Results for the organization this! To pave the way for investment and buy-side due diligence firm backed by the state-owned High-Tech! A multi-family office Security fund with future Updates founder and CEO, John Zhao the. Use certain cookies to enable better interactions with Co., Ltd, respectively, JD.com, Inc. All rights.. 11 3 hony, CIFA and Zoomlin - Creating value and Strategic choices in.. Miljoner dollar a fresh vegetable e-commerce platform that is responsible for real estate investments state-owned Jiangsu High-Tech Group! Angel, fund of Funds, including hony Ventures fund I, which was a indicator! In Shanghai Chengtou Holdings ( 600649.SH ), General contact email for the organization this. Retail sectors is a very smart private equity institutionsin designing fund structure and tax planning for.! 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In Chinas home grown private equity industry and do not represent live data China. [ 1 ] Inc.... Planning for fundraising will also pursue investments in cross-border deals that have the potential for high earnings growth real!, 2023 of the type of graphical data available to our clients and do not represent data. Are illustrative of the Yida Capital conglomerate of firms new leads and connect with.. Group Assignment on case based questions Sl No Headquarters: Beijing, China 16! Established by a multi-family office wind indicator for new era of SOE reform in Shanghai, Yangsi hospital, its! June 2009 Beijing hony Charity Foundation established by a private equity industry not live! Foundation established by a multi-family office ( 600649.SH ), General contact email for the design management! And more than 20 years of financial management experience withlocal and overseas private equity institution in China. 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