Cowin Capital Group
| File:Cowin Capital.png | |
Native name | 同创伟业集团 |
|---|---|
| Public | |
| Traded as | NEEQ: 832793 |
| ISIN | 🆔 |
| Industry | Investment management |
| Founded 📆 | 26 June 2000 |
| Founders 👔 | Zheng Weihe "Alex" Huang Li |
| Headquarters 🏙️ | Shenzhen, China |
Area served 🗺️ | |
| Products 📟 | Private Equity Venture Capital |
| 💎 AUM | US$4.7 billion (2022) |
| Members | |
Number of employees | |
| 🌐 Website | cowincapital |
| 📇 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]
- ↑ 1.0 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.
- ↑ "China Internet Report 2020" (PDF). SCMP. 2023-02-09. Archived from the original (PDF) on 2023-02-09. Retrieved 2023-02-09.
- ↑ 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.
- ↑ "Investors - Linktel Technologies-Explorer of Datacenter Transceivers". www.linkteltech.com. Retrieved 2023-02-09.
- ↑ 5.0 5.1 "NEEQ's tighter listing norms spook PE firms 丨 Business". data:blog.title. Retrieved 2023-02-09. External link in
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