FountainVest China Growth Fund LP

Rest of the World Construction and real estate, Health, Other consumer services, Infrastructure, Manufacturing, Financial services

A fund targeting high-growth industry-leading companies in China, with a focus on first-generation entrepreneurs.

This investment was made under a previous strategy. We disclose information on all our current investments, but narrative information on our pre-2012 investments, when we introduced a new strategy, may be limited.

Key facts

Status:
Active
Region

Since 2012, we’ve only invested in Africa and South Asia. Investments outside these regions are from our pre-2012 portfolio.

:
Rest of the World
Countries

For funds, the countries listed here are those the fund has invested in so far.

:
China
Sector

We have seven priority sectors. However, we continue to invest outside these sectors, largely in the most challenging regions, as new investment supporting any sector helps to underpin the private sector, and create jobs and livelihoods for people. For funds, the sectors listed here are those the fund has invested in so far.

:
Construction and real estate, Financial services, Health, Infrastructure, Manufacturing, Other consumer services
Investment type

We provide capital in three broad ways: direct equity, debt, and intermediated equity (principally through investment funds).

:
Intermediated investment
Fund manager:
Fountainvest Partners (Asia)
Start date

For direct investments, this is the date CDC committed capital to the business or project.

For funds, this is the date that CDC committed capital to the fund.

For underlying fund investments, this is the date that the fund invested capital into the business.e

:
April 2008
Amount

For direct investments, this is the total amount that CDC has committed to the business or project (it may be a combination of equity and debt).

For funds, this is the total amount that CDC has committed to the fund.

:
$6.1m
Domicile

This is the investee company’s place of incorporation; or a fund’s jurisdiction.

:
Cayman Islands

Investments made by this fund

  • Active
  • Exited
Investment name Country Region Sector Start date Status
Infore Environment Technology Group Co. Ltd (formerly Universtar Science and Technology (Shenzhen) Co. Ltd.)

Globalwide Assets Management owns Universtar Science and Technology (Shenzen) Co. Ltd. Universtar is a leading provider of online pollution monitoring equipment, environmental treatment solutions and operational services in China.

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China Rest of the World Infrastructure December 2008 Active
Wisdom Alliance Limited (Zbird)

Wisdom Alliance is an online diamond retailer in China. It also offers customized ring design service.

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China Rest of the World Other consumer services September 2010 Active
Zhoaheng Hydropower Holdings Limited

Zhoaheng is a leading consolidator, developer and operator of small hydropower stations in China.

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China Rest of the World Infrastructure November 2010 Active
L.K Technology Holdings Limited

L.K is a die casting machines manufacturer and has two other fast growing businesses in plastics injection molding machines and computer numerical control machining centres.

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China Rest of the World Manufacturing February 2011 Active
ENZO Jewelry Inc

ENZO is an integrated jewelry designer maker and retailer in China.

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China Rest of the World Other consumer services May 2011 Active
Ningbo Peacebird Modern Women Fashion

Peacebird is based in Ningbo and is a retail chain primarily offering women s apparel but with a growing mens apparel division.

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China Rest of the World Other consumer services September 2011 Active
Yantai Beacon Medical Technology Company Limited (Bright Future Holding)

Beacon is a leading player in the R&D, production, distribution and installation of medical oxygen generators, medical gas systems and purified operating room/ICU systems for hospitals in China.

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China Rest of the World Health April 2013 Active
Focus Media Information Technology Company Ltd (Giovanna Group Holdings)

Focus Media is a multi-platform advertising display operator. The company s total network covers 300m urban population and 100,000+ buildings in 100+ cities in China.

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China Rest of the World Other consumer services May 2013 Active