Strategy


CORE PRINCIPLES

  • Invest in high quality businesses with sustainable business model and cash flow
  • Value oriented, with strong discipline on entry valuation
  • Develop deep industry insight to identify trends early and source/create proprietary opportunities by focusing on research and partnership with industry players
  • Leverage network of leading corporates, industrialists and entrepreneurs to source deals and create value
  • Significant minority and control-oriented situations in China's mid-market space
  • Strong focus on operations

SECTOR FOCUS

  • Target sectors with favorable macro where we have insight and relationships
  • Three core sectors: Healthcare, Consumer and Financial/Business Services
  • Technology as key overlaying theme across sectors

HOLISTIC GEOGRAPHIC APPROACH

  • China-focused: despite recent economic slowdown and trade friction, our three focus sectors will continue fast growth driven by growing consumption and technology advancement of the domestic market
  • Opportunistic investing in ex-China mid-market deals with China angle and synergies

RIGOROUS UNDERWRITING AND EXECUTION
 
  • Identify value through industry insight with balanced risk / reward – we will avoid overpaying for “hot” opportunities or picking up “cigar butts” based on cheap valuation alone
  • Careful structuring deals to protect the downside

STRONG FOCUS ON VALUE CREATION
 
  • Long term, active partner to portfolio companies, entrepreneurs and management teams
  • Leverage our industry resources and insight to help create value strategically and operationally