This year, the sixth wholly foreign-owned private equity venture capital management company (hereinafter referred to as the "wholly foreign-owned equity private placement") has been officially launched. According to the information on the official website of the China Investment Association (hereinafter referred to as the "AMAC"), Goodman Private Equity Management (Shanghai), a wholly-owned subsidiary of Goodman Group, an industrial real estate giant in Sydney, Australia, has completed its registration on November 24.
According to the official website of AMAC, Goodman has 6 private equity employees and 2 people with ** qualifications. Goodman Private Equity was established on 28 August 2023 with a registered capital of RMB100 million and is currently under management**.
Wind data shows that in addition to Goodman's private placement, the number of existing wholly foreign-owned equity private placement** managers has expanded to 158. Among them, 103 have a scale of less than 500 million yuan, accounting for more than 60 percent, and 7 have a scale of more than 10 billion yuan.
During the year, the 6th wholly foreign-owned equity private placement was launched.
Goodman** is jointly funded by Goodman Real Estate Management*** and Goodman China***, with Goodman Industrial** subscribed at 76% and Goodman China subscribed at 24%.
Goodman Private Equity is registered in Shanghai and its business types include Private Equity Investment**, Private Equity Investment FOF**, Venture Capital** and Venture Capital FOF**.
The legal representative, chairman and general manager of Goodman Private Equity is Xiaoyin Zhang, who has served as legal counsel for Links Foreign Leisure Community*** and Air Liquide (China) Investment*** in Pudong New Area, Shanghai, and joined Goodman Consulting (Shanghai)** in 2007 as a Director, a resident member of the China Business Decision Committee and the General Counsel of China. In September 2023, she also served as the legal representative, chairman and general manager of Goodman Private Equity, Goodman Investment (Suzhou)** Shanghai Goodman Coix Enterprise Management Consulting Co., Ltd. and several other companies.
Two of Goodman's six registered employees are Zhang Xiaoyin and Zuo Jun, Head of Compliance and Risk Control, both of whom worked at Goodman Consulting (Shanghai) prior to joining Goodman Private Equity
In addition to Goodman's private placement, the wholly foreign-owned equity private placements that have completed the filing and registration this year include Suzhou Industrial Park UOB Kay Hian Private Placement** Management*** Asian Investment (Shanghai) Private Placement** Management***Guangzhou Hanyuan Private Equity Investment** Management*** Standard Chartered Private Equity ** Management (Shenzhen)** and Zhaorui Chuanglian Private Equity** Management (Sanya, Hainan)**
Wholly foreign-owned equity private equity investment accounts for a high proportion of biotechnology industry.
Wind data shows that among the 158 wholly foreign-owned equity private equity managers that still exist, only 7 have a scale of more than 10 billion yuan, namely, Huaxin Original (Qingdao) Investment Management, China Life Franklin (Shenzhen) Private Equity Investment, China Life Franklin (Shenzhen) Private Equity Investment Management, Qianpin (Shanghai) Equity Investment Management, ICBC Asia Investment Equity Investment Management (Shenzhen), CNCBI (Shenzhen) Equity Investment Management, CNCBI Zhenhua (Beijing) Equity Investment, Shanghai Shiwei Investment Consulting,
According to the 2022 Guidelines for Market Access and Operation of Foreign Private Equity in China, jointly released by Tricor and JunHe, biotechnology, healthcare, IT and internet are the three industries with the highest proportion of wholly foreign-owned private equity investment in China in the past 10 years.
In recent years, with the domestic emphasis on the semiconductor industry, foreign investment in the domestic semiconductor industry has increased rapidly.
Li Dehui, manager of JPMorgan Asset Management, told the reporter that the current valuation of A-shares is low and at a relatively clear bottom. From the perspective of the industry, we can focus on investment opportunities under new trends such as medicine, technology, and consumption.
Fidelity International believes that China's economy has entered a recovery cycle and is in a stage of controllable and stable growth, and is expected to achieve economic growth of close to 5% next year. A series of policies introduced in July this year are already paying off, so there are many investment opportunities for investors. (Reporter Wang Siwen).