CDH Investments

China buyouts cannot rely on the same cost-cutting measures or buy-and-build strategies as those in the US, according to CDH managing partner Max Hui.

The Hong Kong-based held closes on two China-focused venture capital and growth funds.

The Hong Kong-based investment firm closed its fifth China-focused mezzanine fund.

CDH Investments was one of China’s first private equity firms. Chairman and founder Wu Shangzhi tells PEI how the market is developing.

Private equity in the world’s most populous country is moving away from growth capital, says the chairman and founder of CDH Investments.

The Beijing-based firm will gain $730 million from the sale.

The Chinese firms have pledged to revive sales of the Shenzhen-based shoe company, which has been battered by growing e-commerce platforms in the country.

Chinese firms CDH Investments, Yunfeng Capital, Primavera Capital and the US private equity firm Silver Lake are first-time investors in the Hangzhou-based e-commerce platform.

Last year marked the first time Abu Dhabi Investment Authority made no change to its private equity allocation range in five years.

China’s private equity reset could yield a more disciplined opportunity set for LPs who retain conviction in the market.

In today's edition, A sneak peek at 2025 fundraising totals (spoiler alert: it makes for grim reading); Prosecutors are seeking an arrest warrant for one of Asia PE's biggest names; Why GP-leds are on the rise in Asia-Pacific.

In today's edition, Texas Municipal's new CIO is pro-PE and has Europe in his sights; Venture capital returns are falling short; ADIA leans deeper into GP-led secondaries.

The sovereign wealth fund is seeing 'a higher percentage of control buyouts at scale' in China and India, according to Asia PE head Ankur Meattle.

Asia-Pacific’s presence on the PEI 300 has been slowly shrinking amid a ‘particularly difficult fundraising environment’ for the region.

In a special edition of Side Letter today, we'll be looking at the present state and future outlook for what was – at least until fairly recently – the world's second-largest private equity market. Plus: Advent is having another crack at Japan. Here's today's brief, for our valued subscribers only.

The growth investor will deploy more than 20% of its most recent USD-denominated flagship outside of Mainland China, chief executive Steven Wang told PEI.