
Hony Capital
Description
Hony Capital, established in 2003 as a subsidiary of Legend Holdings, stands as a prominent private equity firm headquartered in Beijing, China. It specializes in buyouts and growth capital investments, playing a pivotal role in the transformation and development of various industries within China and globally. The firm is recognized for its strategic approach to value creation, often focusing on operational enhancements and industry consolidation.
Hony Capital manages a substantial portfolio, with its total assets under management (AUM) exceeding $10 billion. Its investment strategy is broad yet focused, targeting sectors such as healthcare, consumer goods, food & beverage, technology, financial services, and advanced manufacturing. The firm frequently invests in traditional industries, aiming to facilitate their modernization and expansion through significant capital injection and strategic guidance.
With a robust track record, Hony Capital boasts over 100 investments and more than 60 successful exits, underscoring its deep market understanding and execution capabilities. The firm's commitment extends beyond mere capital provision; it actively partners with its portfolio companies, leveraging its extensive network and operational expertise to drive sustainable growth and market leadership. Its typical investment sizes reflect its focus on substantial, transformative deals within its target sectors.
Investor Profile
Hony Capital has backed more than 25 startups, with 1 new investments in the last 12 months alone. The firm has led 8 rounds, about 32% of its total and boasts 23 exits across its portfolio.
Investment Focus Highlights
- Concentrates on Series B, Series Unknown, Series A rounds (top funding stages).
- Majority of deals are located in China, United States, Hong Kong.
- Strong thematic focus on Film Production, Health Care, Music.
- Led 1 rounds in the past year.
- Typical check size: $50M – $500M.
Stage Focus
- Series B (16%)
- Series Unknown (16%)
- Series A (16%)
- Series D (8%)
- Series C (8%)
- Angel (8%)
- Private Equity (8%)
- Post Ipo Equity (4%)
- Series E (4%)
- Secondary Market (4%)
Country Focus
- China (72%)
- United States (24%)
- Hong Kong (4%)
Industry Focus
- Film Production
- Health Care
- Music
- Coworking
- Real Estate
- E-commerce
- Software
- Transportation
- Internet
- Education
Frequently Asked Questions
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