Strategy
Value creation and liquidity are at the core of our investment strategy. We only engage in situations where we can add tangible value and control our exit. Beyond these two fundamental criteria, we focus on businesses that are well-positioned to withstand macroeconomic volatility by capturing long-term and irreversible trends, most notably China’s consumer upgrade.
Our strategy is the product of over a decade of accumulated experiences of investing in mainland China, across cycles and industries.
Strategy
Value creation and liquidity are at the core of our investment strategy. We only engage in situations where we can add tangible value and control our exit. Beyond these two fundamental criteria, we focus on businesses that are well-positioned to withstand macroeconomic volatility by capturing long-term and irreversible trends, most notably China’s consumer upgrade.
Our strategy is the product of over a decade of accumulated experiences of investing in mainland China, across cycles and industries.
Valuation Discipline
We focus on sectors with reasonable valuations and tangible fundamentals, including consumer products & services, retail and business services
Exit Control
Majority control with enforceable drag-along rights, addressing the key performance issue in China’s growth capital space, i.e. liquidity
Well-positioned Companies
We focus on mid-market growth buyouts - fast growing and profitable businesses where we can accelerate growth through capital as well as active domestic and overseas portfolio management
Ability to Add Value
We invest in businesses where we can add tangible value with regards to strategy, operations, branding and overseas expansion
Majority Control
51%+ with control of the board and management
