You can edit almost every page by Creating an account. Otherwise, see the FAQ.

Cowin Capital Group

From EverybodyWiki Bios & Wiki

Cowin Capital Group
File:Cowin Capital.png
Native name
同创伟业集团
Public
Traded asNEEQ832793
ISIN🆔
IndustryInvestment management
Founded 📆26 June 2000; 24 years ago (2000-06-26)
Founders 👔Zheng Weihe "Alex"
Huang Li
Headquarters 🏙️Shenzhen, China
Area served 🗺️
Products 📟 Private Equity
Venture Capital
💎 AUMUS$4.7 billion (2022)
Members
Number of employees
🌐 Websitecowincapital.com.cn
📇 Address
📞 telephone
Footnotes / references
[1]

Cowin Capital (Cowin; Chinese: 同创伟业; pinyin: Tóngchuàng Wěiyè) is a Chinese investment firm based in Shenzhen, China. According to South China Morning Post, from January 2019 to May 2020, it was the tenth most active venture capital firm in China.[2]

Background[edit]

Cowin was founded during the dot-com bubble in 2000.[1][3] It was founded by Zheng Weihe and his wife, Huang Li using their own funds of RMB 80 million as registered capital.[1][3] Zheng was previously a lawyer and had also worked at the Shenzhen Stock Exchange which gave him experience and contacts in handling initial public offerings (IPO).[1][3]

In 2007, Cowin raised its first fund of RMB 50 million.[1] Between 2007 and 2011, Cowin expanded rapidly raising five funds and RMB 4 billion in total.[1] Cowin's funds had a shorter tenure of five years compared to 10 years which was common among their western counterparts.[1]

Cowin's investment strategy was to look for "hidden champions" in "rising sectors" which were high growth companies that could lead their sectors in three to five years.[1] Cowin would then use its expertise and contacts to guide these companies to an IPO.[1]

In July 2015, Cowin became a publicly listed company on the National Equities Exchange and Quotations.[4][5] According to its 2015 annual report, 90% of its income came from fund management fees.[5]

References[edit]

  1. 1.0 1.1 1.2 1.3 1.4 1.5 1.6 1.7 1.8 "Private Equity Findings (Issue 7 Winter 2012)" (PDF). Coller Capital. London Business School. Archived from the original (PDF) on 2023-05-26.
  2. "China Internet Report 2020" (PDF). SCMP. 2023-02-09. Archived from the original (PDF) on 2023-02-09. Retrieved 2023-02-09.
  3. 3.0 3.1 3.2 Tseng, Hsiang-Ching (2013-01-05). "Cowin Capital closes fifth fund on $386m". Private Equity International. Retrieved 2023-02-09.
  4. "Investors - Linktel Technologies-Explorer of Datacenter Transceivers". www.linkteltech.com. Retrieved 2023-02-09.
  5. 5.0 5.1 "NEEQ's tighter listing norms spook PE firms 丨 Business". data:blog.title. Retrieved 2023-02-09. External link in |website= (help)

External links[edit]


This article "Cowin Capital" is from Wikipedia. The list of its authors can be seen in its historical and/or the page Edithistory:Cowin Capital. Articles copied from Draft Namespace on Wikipedia could be seen on the Draft Namespace of Wikipedia and not main one.