Forbes China released the full list of 2017 China Top VC/PE Firms recently. Leveraging excellent professional capability and project achievement, CICC Capital was named as 2017 China Top PE in the Forbes List.
Since its establishment in New York in 1917, Forbes media group has always advocated the entrepreneurial spirit and sense of innovation. A series of Forbes lists were known as the “barometer of the economy” and “wealth weathervane”.
As CICC’s exclusive platform for private equity investors, CICC Capital manages domestic as well as foreign private equity investment funds. CICC Capital offers comprehensive middle- and back-office services set against the backdrop of strong brand influence as well as outstanding financing and investment capabilities. Meanwhile, CICC Capital will continue to pursue product and business expansion strategies by further diversifying product lines by adding new industrial sector coverage and extending our geographical reach. Fund types currently managed by CICC Capital include government venture capital funds, stock economic reform funds, U.S. fund of funds, U.S. equity investment funds, RMB equity investment funds, and M&A funds.
As of June 30, 2017, the Group's overall AUM was approximately RMB 180 billion. Funds managed by controlled fund management companies and funds managed by joint-venture fund management companies totaled about RMB 101.3 billion and RMB 81.6 billion, respectively.
