ChinaVenture Announced the PE List of the Year 2010

2011-04-14

ChinaVenture Investment Consulting Group (“Chinaventure”) recently released its CVAwards China’s Top 30 Best PE Firms of the Year 2010, in which New Horizon Capital, CCB International and The Carlyle Group ranked the top three. Jiuding Capital, Goldman Sachs, Legend Holdings, Tiger Fund, CITIC PE, Haitong-Fortis PE Fund and Hony Capital were enlisted in the top 10. AoO九鼎投资(600053.SH)_上交所私募股权投资领域上市公司

In 2010, China’s venture market presented explosive growth. The investment activity of PE firms reached a historical high. Thanks to the active capital market, some PE firms also exited successfully from projects at home and aboard with rich rewards. According to the statistics of CVSource, a database under ChinaVenture, there were altogether 375 disclosed PE investment cases across the year of 2010 with a total investment value of 19,613 million US dollars, both reaching historical high. In the aspect of exit, IPO was still the main exit option for venture institutions. In 2010, there were all together 490 Chinese enterprise IPO cases fulfilled in the global capital market, with a financing scale of 106,875 million US dollars, both hit the highest in history. Among these, 220 Chinese enterprises fulfilling domestic or overseas IPO were with VC/PE background, of which 269 VC/PE firms achieved 480 successful exits with an average book ROI of 806%. AoO九鼎投资(600053.SH)_上交所私募股权投资领域上市公司

To finalize the list of CVAwards China’s Top 30 Best PE Firms of the Year 2010, ChinaVenture applied a scientific and and rigorous methodology system, developed a standard of candidate enlisting with a review committee constituted by LP and PE partners and conducted comprehensive performance assessment in aspect of fundraising, investment, exit and results based on the statistics of CVSource. As the most professional and authoritative list series of China’s VC/PE industry, CVAwards annual investment institution appraisal has come to the fifth session since its first launch. AoO九鼎投资(600053.SH)_上交所私募股权投资领域上市公司

Due to the increased activity of PE investment market, the individual rating standards of this year’s list has been largely raised compared to that of 2009. In the amount of investment and exit, the full-mark standards are both raised to above 500 million US dollars compared to above 200 million US dollars last year. In fund raising, the full mark standard is above 800 million US dollars, much higher than the above 400 million US dollars standard last year. AoO九鼎投资(600053.SH)_上交所私募股权投资领域上市公司

With regards to the attribute of the institutions on the list, foreign institutions are still the mainstream in China’s PE market. With the explosive growth of domestic capital market and sustained high earnings from the IPO of A-share enterprises,foreign institutions set off an upsurge of launching RMB funds. New Vision Growth Fund, the RMB fund under New Horizon Capital has completed its fundraising. The Carlyle Group set up a RMB fund in Beijing and has completed the first-round of fund raising. The second RMB fund of Hony Capital with a scale of over 7 billion yuan also completed fundraising in 2010. RMB fund management institutions were setting up new funds. CCB International launched the cultural industry fund following the establishment of medical industry fund, while Jiuding Capital has launched RMB funds in Suzhou, and Nanjing. AoO九鼎投资(600053.SH)_上交所私募股权投资领域上市公司

In this boom of RMB funds, local PE firms also achieved rapid development. Four Chinese-funded institutions, namely Jiuding Capital, Legend Holdings, Haitong-Fortis PE Fund and CITIC PE were enlisted in the top 10 of the current list, of which only Haitong Haitong-Fortis PE Fund was enlisted last year. Moreover, the rapid development of securities companies’ direct investment was also shown in the list. Three securities brokers, namly Goldstone Investment, Ping’an Stock Fund and Huatai Zijin Investment, were enlisted in the Top 30, while Guosen Hongsheng, who excelled in exit, failed to enter as its investment cases in 2010 were not disclosed. AoO九鼎投资(600053.SH)_上交所私募股权投资领域上市公司

Appedix: CVAwards China’s Top 30 Best PE Firms of the Year 2010AoO九鼎投资(600053.SH)_上交所私募股权投资领域上市公司

CVAwards China’s Top 30 Best PE Firms of the Year 2010AoO九鼎投资(600053.SH)_上交所私募股权投资领域上市公司

RankingAoO九鼎投资(600053.SH)_上交所私募股权投资领域上市公司

Firm NameAoO九鼎投资(600053.SH)_上交所私募股权投资领域上市公司



1AoO九鼎投资(600053.SH)_上交所私募股权投资领域上市公司

New Horizon CapitalAoO九鼎投资(600053.SH)_上交所私募股权投资领域上市公司


2AoO九鼎投资(600053.SH)_上交所私募股权投资领域上市公司

CCB InternationalAoO九鼎投资(600053.SH)_上交所私募股权投资领域上市公司


3AoO九鼎投资(600053.SH)_上交所私募股权投资领域上市公司

Carlyle GroupAoO九鼎投资(600053.SH)_上交所私募股权投资领域上市公司


4AoO九鼎投资(600053.SH)_上交所私募股权投资领域上市公司

Jiuding CapitalAoO九鼎投资(600053.SH)_上交所私募股权投资领域上市公司


5AoO九鼎投资(600053.SH)_上交所私募股权投资领域上市公司

Goldman SachsAoO九鼎投资(600053.SH)_上交所私募股权投资领域上市公司


6AoO九鼎投资(600053.SH)_上交所私募股权投资领域上市公司

Legend HoldingsAoO九鼎投资(600053.SH)_上交所私募股权投资领域上市公司


7AoO九鼎投资(600053.SH)_上交所私募股权投资领域上市公司

Tiger FundAoO九鼎投资(600053.SH)_上交所私募股权投资领域上市公司


8AoO九鼎投资(600053.SH)_上交所私募股权投资领域上市公司

CITIC PEAoO九鼎投资(600053.SH)_上交所私募股权投资领域上市公司


9AoO九鼎投资(600053.SH)_上交所私募股权投资领域上市公司

Haitong-Fortis Private Equity Fund ManagementAoO九鼎投资(600053.SH)_上交所私募股权投资领域上市公司


10AoO九鼎投资(600053.SH)_上交所私募股权投资领域上市公司

Hony CapitalAoO九鼎投资(600053.SH)_上交所私募股权投资领域上市公司


11AoO九鼎投资(600053.SH)_上交所私募股权投资领域上市公司

Morgan StanleyAoO九鼎投资(600053.SH)_上交所私募股权投资领域上市公司


12AoO九鼎投资(600053.SH)_上交所私募股权投资领域上市公司

Goldstone InvestmentAoO九鼎投资(600053.SH)_上交所私募股权投资领域上市公司


13AoO九鼎投资(600053.SH)_上交所私募股权投资领域上市公司

Warburg PincusAoO九鼎投资(600053.SH)_上交所私募股权投资领域上市公司


14AoO九鼎投资(600053.SH)_上交所私募股权投资领域上市公司

Trustbridge PartnersAoO九鼎投资(600053.SH)_上交所私募股权投资领域上市公司


15AoO九鼎投资(600053.SH)_上交所私募股权投资领域上市公司

KKRAoO九鼎投资(600053.SH)_上交所私募股权投资领域上市公司


16AoO九鼎投资(600053.SH)_上交所私募股权投资领域上市公司

Pingan Bright FortuneAoO九鼎投资(600053.SH)_上交所私募股权投资领域上市公司


17AoO九鼎投资(600053.SH)_上交所私募股权投资领域上市公司

Bain CapitalAoO九鼎投资(600053.SH)_上交所私募股权投资领域上市公司


18AoO九鼎投资(600053.SH)_上交所私募股权投资领域上市公司

CDH InvestmentsAoO九鼎投资(600053.SH)_上交所私募股权投资领域上市公司


19AoO九鼎投资(600053.SH)_上交所私募股权投资领域上市公司

TPGAoO九鼎投资(600053.SH)_上交所私募股权投资领域上市公司


20AoO九鼎投资(600053.SH)_上交所私募股权投资领域上市公司

Hope Investments AoO九鼎投资(600053.SH)_上交所私募股权投资领域上市公司


21AoO九鼎投资(600053.SH)_上交所私募股权投资领域上市公司

Sunbridge CapitalAoO九鼎投资(600053.SH)_上交所私募股权投资领域上市公司


22AoO九鼎投资(600053.SH)_上交所私募股权投资领域上市公司

VSTONE CapitalAoO九鼎投资(600053.SH)_上交所私募股权投资领域上市公司


23AoO九鼎投资(600053.SH)_上交所私募股权投资领域上市公司

BlackstoneAoO九鼎投资(600053.SH)_上交所私募股权投资领域上市公司


24AoO九鼎投资(600053.SH)_上交所私募股权投资领域上市公司

FOSUN CapitalAoO九鼎投资(600053.SH)_上交所私募股权投资领域上市公司


25AoO九鼎投资(600053.SH)_上交所私募股权投资领域上市公司

Ping'an Innovation CapitalAoO九鼎投资(600053.SH)_上交所私募股权投资领域上市公司


26AoO九鼎投资(600053.SH)_上交所私募股权投资领域上市公司

ICBC InternationalAoO九鼎投资(600053.SH)_上交所私募股权投资领域上市公司


27AoO九鼎投资(600053.SH)_上交所私募股权投资领域上市公司

Huatai ZijinAoO九鼎投资(600053.SH)_上交所私募股权投资领域上市公司


28AoO九鼎投资(600053.SH)_上交所私募股权投资领域上市公司

Milestone CapitAoO九鼎投资(600053.SH)_上交所私募股权投资领域上市公司


29AoO九鼎投资(600053.SH)_上交所私募股权投资领域上市公司

CITIC CapitalAoO九鼎投资(600053.SH)_上交所私募股权投资领域上市公司


30AoO九鼎投资(600053.SH)_上交所私募股权投资领域上市公司

BOC InvestmentAoO九鼎投资(600053.SH)_上交所私募股权投资领域上市公司



AoO九鼎投资(600053.SH)_上交所私募股权投资领域上市公司

EN | CN