Chinese private equity and asset management firm Yingke PE, which last month closed a $286-million RMB-denominated fund, is bullish on the investment opportunities in the domestic market, particularly at the pre-IPO stage.
In the last seven months, Yingke has seen nearly 10 of its portfolio companies list on the country’s STAR Market and ChiNext boards. Another 20 are slated for a public market debut this year.
In an interview with DealStreetAsia, Yingke founder and CEO Mingfei Qian said, “A strong capability in pre-IPO investments can help us consolidate our competitive presence in the market.”
Yingke PE, which has $7.12 billion in assets under management, typically invests in biomedicine, energy-saving and environmental protection, new energy and consumption, and, smart manufacturing companies. It has invested in 200 companies so far.
Edited excerpts of an interview:-
