Addor Capital (Addor) (Chinese: 毅達資本; pinyin: Yìdá Zīběn) is a Chinese investment firm founded in 2014. The firm is backed by the Jiangsu High-Tech Investment Group (Govtor Group), a state-owned investment company established by the Government of Jiangsu. It invests in companies from various industries including technology, manufacturing, energy and healthcare.
 | |
Native name | 毅達資本 |
|---|---|
| Company type | State-owned enterprise |
| Industry | Investment management |
| Founded | 2014 |
| Headquarters | Nanjing, Jiangsu, China |
Key people | Ying Wenlu (Chairman) You Jinbai (President) |
| Products | Venture Capital Private equity M&A Real estate Fund of funds |
| AUM | US$17.6 billion (January 2021) |
| Owner | Jiangsu High-Tech Investment Group |
| Website | www |
| Footnotes / references [1][2][3][4] | |
Background
editAddor was established in 2014 as part of mixed-ownership reform that was implemented by the Jiangsu High-Tech Investment Group.[1][2][4][5][6]
In 2017, Addor set up an entity in Beijing to establish its M&A and private equity business.[4]
In 2019, Addor set up a subsidiary in Hong Kong to perform activities related to M&A and asset management in overseas markets.[2][4]
In September 2020, Addor partnered with several Chinese companies including Jiangsu High-Tech Investment Group to established a $146 million fund to invest in emerging technology startups.[2]
Addor is headquartered in Nanjing with additional offices in other Chinese cities including Beijing, Shanghai and Guangzhou.[2][3]
Notable investments include Dayun Auto.[2]
References
edit- ^ a b Schachner, Miles (10 August 2021). "The largest Chinese investors you've never heard of". The China Project. Archived from the original on 25 March 2023. Retrieved 25 March 2023.
- ^ a b c d e f "Addor Capital co-launches $146m fund to invest in China's tech startups". 22 October 2020. Archived from the original on 22 October 2020.
- ^ a b "China's Addor Capital closes second health industry fund at $241m". 17 April 2021. Archived from the original on 17 April 2021.
- ^ a b c d "China's capital market changes are in the right direction: Wenlu Ying, Addor Capital". 10 March 2021. Archived from the original on 10 March 2021.
- ^ 馮誠 (1 January 2018). 鎮版報導的氣質養成：新聞通訊采寫實踐與感悟 (in Chinese). 新華出版社.
- ^ "毅达资本 一年过会6家企业的"科创经验"". cqvip.com. 2020.
External links
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