CITIC CAPITAL AND CAIXIN GLOBAL LED CONSORTIUM COMPLETES ACQUISITION OF GLOBAL MARKETING INTELLIGENCE DIVISION

 

(Hong Kong, 30 April 2018) CITIC Capital Holdings Limited (“CITIC Capital”) announced today that a consortium led by its private equity arm and Caixin Global has successfully completed the acquisition of Global Marketing Intelligence Division (“GMID”) from Euromoney Institutional Investor PLC (LSE:ERM) for an equity value of USD180.5 million.

After the acquisition, CITIC Capital and Caixin Global along with experienced management team from GMID will jointly manage the company’s affairs. GMID is a top-tier international financial information database operator. Its two main units CEIC and EMIS provide global financial information and data from the macro and micro perspectives, respectively, with a focus on key financial and business data for emerging markets.

The products are available in over 15 languages, and are trusted tools used by financial institutions, consultants, multinationals, and researchers worldwide.

Yichen ZHANG, Chairman & CEO of CITIC Capital, said: “We are delighted to join forces with Caixin Global to invest in this valuable and critical resource for emerging markets financial information. We will work together with GMID to expand and deepen its product offering, particularly that which is relevant to China, to better service the needs of its global customer base. We further aim to support management in delivering robust growth through our strong network and resources. This acquisition also represents one pillar in our buyout strategy which is focused on internet-based services businesses.”

This is the fourth carve out deal for CITIC Capital, to help companies restructure and carve out business from parent company to unlock full potential of the acquired assets. CITIC Capital will continue its investment and focus on domestic and overseas buyout opportunities particularly in the consumer and services industry.

 

About Euromoney Institutional Investor PLC

Euromoney Institutional Investor PLC (www.euromoneyplc.com) is listed on the London Stock Exchange and is a member of the FTSE 250 share index. It is an international business-information group covering asset management, price discovery, data & market intelligence, and banking & finance under brands including Euromoney, Institutional Investor, BCA Research, Ned Davis Research and Metal Bulletin. The group also runs an extensive portfolio of events for the telecoms, financial and commodities markets.

About CEIC and EMIS

CEIC was founded in 1992, and purchased by Euromoney in 2005. It provides a global economic database that covers over 200 countries and 18 macroeconomic sectors. It is one of the most comprehensive macro-economic databases with cutting-edge data accessibility and quality control. EMIS was founded in 1994, and purchased by Euromoney in 1998. As a business information provider for emerging markets, it provides financial institutions, consulting firms, multinationals and researchers with business information and market dynamics on over 125 countries and regions and over 250 industries.

About CITIC Capital

Founded in 2002, CITIC Capital Holdings Limited is an alternative investment management and advisory company. The firm manages over USD22 billion of capital across 100 funds and investment products through its multiple asset class platform covering private equity, real estate, structured investment & finance, and asset management. CITIC Capital has over 150 portfolio companies that span 11 sectors and employ over 820,000 people around the world. CITIC Capital’s private equity arm, CITIC Capital Partners, focused on control buyout opportunities globally, has completed over 50 investments in the past years in China, Japan, U.S. and Europe. The private equity arm currently manages USD4.7 billion of committed capital.

CITIC CAPITAL COMPLETES ACQUISITION OF LEADING NATURAL BEAUTY AND HOME FRAGRANCE COMPANY – Trilogy International Limited

 

(Hong Kong, 18 April 2018) CITIC Capital China Partners, the private equity arm of CITIC Capital Holdings Limited (“CITIC Capital”), is pleased to announce that it has successfully completed the acquisition of Trilogy International Limited (“TIL Group”), a leading New Zealand-based company that owns several well-known natural beauty care and home fragrance brands.

Pursuant to the completion, TIL Group has been delisted from New Zealand’s and Australia’s stock exchanges, respectively.

Hanxi ZHAO, Senior Managing Director of CITIC Capital, says: “We are delighted to become the new owner of TIL Group. The company owns remarkable brands in the beauty and lifestyle sectors, such as Trilogy, ECOYA, Goodness, Lanocreme, By Nature, as well as CS&Co, a leading distribution platform for beauty products in the New Zealand market. These brands advocate natural beauty and natural lifestyle, which corresponds to the desire of today’s consumers across the globe.”

”Over the coming months we will be working closely with the talented TIL management team, to map out next steps and strategies, and to continue to grow each of these businesses and enhance the footprints of its brands. We are intrigued by the opportunity ahead of us,” says ZHAO.

TIL Group CEO Angela BUGLASS, says: “This is a significant milestone for our company and I am excited by the change in the ownership and our future prospects. Trilogy is the leading brand in the natural facial skincare space, and its natural yet powerful, effective skincare products are loved by consumers globally. ECOYA brings luxurious home fragrance experiences, with its well-known candles crafted from natural waxes. Lanocreme and By Nature follow ‘Made in New Zealand’ philosophy, and bring skincare products with local features to overseas markets.”

“We will continue to grow our home markets in New Zealand and Australia, as well as to expand the global footprints for our brands. We will also continue to strengthen the CS&Co distribution platform. The company has tremendous growth potential, and also provides attractive career development opportunities for our people as we invest to grow. We are looking forward to taking TIL to the next level with the support of our new shareholder,” says BUGLASS.

The company also announced two important appointments. Felix DANZIGER joins the TIL Board as a Director and Roy BROWN has been appointed as Chief Financial Officer.

About Trilogy International Limited

Trilogy International Limited is a cultivator of essential natural products and home fragrance brands including Trilogy, ECOYA, Goodness, Lanocreme and By Nature in New Zealand, Australia, and around the world. Its subsidiary CS Company Limited (CS&Co) distributes international beauty care and fragrances brands in New Zealand. For more information, please visit http://investors.tilbrands.com

About CITIC Capital

Founded in 2002, CITIC Capital Holdings Limited is an alternative investment management and advisory company. The firm manages over USD22 billion of capital across 100 funds and investment products through its multiple asset class platform covering private equity, real estate, structured investment & finance, and asset management. CITIC Capital has over 130 portfolio companies that span 11 sectors and employ over 820,000 people around the world. CITIC Capital’s private equity arm, CITIC Capital Partners, focused on control buyout opportunities globally, has completed over 50 investments in the past years in China, Japan, U.S. and Europe. The private equity arm currently manages USD4.7 billion of committed capital

CITIC CAPITAL AND BARING PRIVATE EQUITY ASIA COMPLETE ACQUISITION OF WALL STREET ENGLISH

 

(Hong Kong, 15 March 2018) CITIC Capital Holdings Limited (“CITIC Capital”) and Baring Private Equity Asia (“BPEA”) today announced that their affiliated private equity funds have completed the acquisition of Wall Street English (“WSE”), the world’s leading provider of English language training to adults, from Pearson Plc (“Pearson”).

WSE is recognized as a leading blended learning platform that provides a differentiated learning experience to its students. WSE’s success is underpinned by a strong brand, and a track record of growth and innovation over its 46-year history.

In 2016 the business served 180,000 learners through 70 corporate owned centers in China, 9 corporate owned centers in Italy and 321 franchised centers across 28 territories. It has over 3 million graduates to date.

About CITIC Capital

Founded in 2002, CITIC Capital Holdings Limited is an alternative investment management and advisory company. The firm manages over USD22 billion of capital across 100 funds and investment products. The firm manages investments through its multiple asset class platform covering private equity, real estate, structured investment & finance, and asset management. CITIC Capital has over 130 portfolio companies that span 11 sectors and employ over 820,000 people around the world. CITIC Capital’s private equity arm, CITIC Capital Partners, focused on control buyout opportunities globally, has completed over 60 investments in the past years in China, Japan, U.S. and Europe. The private equity arm currently manages USD4.7 billion of committed capital. For more information, please visit www.citiccapital.com.

About Baring Private Equity Asia

Baring Private Equity Asia (BPEA) is one of the largest and most established private alternative investment firms in Asia, with a total committed capital of over USD11 billion. The firm runs a pan-Asian investment program, sponsoring buyouts and providing growth capital to companies for expansion or acquisitions, as well as a private credit and a pan-Asian real estate private equity investment program. The firm has been investing in Asia since its formation in 1997 and has over 150 employees located across offices in Hong Kong, China, India, Indonesia, Japan and Singapore. BPEA currently has over 30 portfolio companies active across Asia with a total of 150,000 employees and sales of 2 approximately USD28 billion in 2016.

CITIC CAPITAL IN ADVANCED DISCUSSIONS TO ACQUIRE GLOBAL PREMIUM COSMETICS PACKAGING PROVIDER AXILONE

 

CITIC Capital China Partners III, L.P., a buyout fund managed by the private equity arm of CITIC Capital Holdings Limited (“CITIC Capital”), is pleased to announce it has entered into advanced discussions with funds managed by Oaktree Capital Management, L.P. (“Oaktree”) on 31 October 2017, with a view to acquire Axilone, a global provider of premium packaging solutions to the beauty care industry.

The transaction is subject to legal and regulatory approvals and could complete before the end of 2017.

Headquartered in Paris and part of the Ileos Group, Axilone is a global leading provider of primary plastic and metal packaging solutions for premium lipstick, fragrance, and skincare sectors. Axilone serves leading beauty and personal care companies around the globe, and has subsidiaries in France, Spain, U.S. and China. It also has manufacturing facilities in France, Spain and China.

AxiloneBenefiting from the rapid growing trend in the global beauty and personal care industry, Axilone has demonstrated strong growth in the past few years, establishing itself as a leading player especially in the premium lipstick space.

Hanxi ZHAO, Senior Managing Director of CITIC Capital, commented: “We are very excited about this opportunity. Axilone is a leading player in the beauty care packaging sector, serving leading customers globally with unparalleled product quality and service. We are committed to working with the talented management team to continue to tap into the enormous potential in the space, and take their success to the next level globally.”

Jean ROLLIER, Managing Director of Oaktree and President and CEO of Ileos Group, said: “Axilone has enjoyed strong growth during Oaktree’s holding period, and we believe the company is well positioned to continue its trajectory to enhance its leadership in the beauty care packaging category.”

About Axilone

Axilone designs and manufactures premium plastic and metal packaging for leading global cosmetics, perfume and beauty care brands and customers. Headquartered in Paris, the Company was founded in 1971 and has over 2,000 employees in France, Spain, U.S. and China.

CITIC COMPLETES ACQUISITION OF ANSELL SEXUAL WELLNESS BUSINESS

 

CITIC Capital Completes Acquisition of Ansell Sexual Wellness Business in Partnership with Humanwell

CITIC Capital China Partners III, L.P., a buyout fund managed by the private equity arm of CITIC Capital Holdings Limited (“CITIC Capital”), is pleased to announce that it has completed the acquisition of Sexual Wellness business unit (“SW”) of Ansell Limited (ASX: ANN, or “Ansell”) on 1 September 2017, together with Humanwell Healthcare (Group) Co., Ltd. (“Humanwell” and collectively, the “Buyer Consortium”).

The acquired Sexual Wellness business will now become an independent company, Lifestyles Holdco Pte. Ltd. (“LifeStyles”). The newly formed LifeStyles is a global leader in sexual wellness sector, possessing a broad product range including condom, lubricant and other related products. In particular, it has the second largest market share in condom market with leading latex condom brands in their respective markets including: LifeStyles, Jissbon, MANIX, Unimil, Blowtex, etc., as well as the fast growing innovative non-latex condom global brand SKYN. Xuehai WANG, Chairman of Humanwell, said: “We are pleased to have completed the acquisition of a suite of successful global brands in sexual wellness sector. Humanwell has a long history and experience in the sexual wellness sector. Together with CITIC Capital and the management team, we are confident that we will unlock the potential of these brands, and achieve faster growth, both in China and globally.”

Hanxi ZHAO, Senior Managing Director of CITIC Capital, said: “The business we acquired already has a very strong position globally, with ample room for growth. We look forward to working together with Humanwell and the management team to further strengthen the company’s leadership position in the sexual wellness space.”

Jeyan HEPER, CEO of LifeStyles, remarked: “With the support from Humanwell and CITIC Capital, the management team is fully committed to continuing to build our brands, better serve our consumers, and drive growth in each of the markets that we are in.”

CITIC CAPITAL ACQUIRES FORMEL D GROUP WITH 3i

 

(Hong Kong, 17 July 2017)

CITIC Capital China Partners III, L.P., a buyout fund managed by the private equity arm of CITIC Capital Holdings Limited (“CITIC Capital”), is pleased to announce it has partnered with 3i Group plc (“3i”) to acquire Formel D, a global service provider to the automotive and component supply industry on 13 July 2017.

CITIC Capital’s investment amounted to approximately EUR72 million. Formel D has a strong track record and has outperformed the market over the last 10 years. Growing at an average of 17% p.a., Formel D differentiates itself through its global scale, premium customer relationships and comprehensive service offering: it is the only player offering quality services along the entire automotive value chain.

CITIC Capital and 3i plan to support Formel D’s international growth by rolling out its existing services to clients in other geographies, expanding its client base in Asia, and increasing its higher “value add” services such as vehicle test specification and virtual testing.

Boon CHEW, Senior Managing Director of CITIC Capital, commented: “The investment in Formel D is our first deal in Germany. We are happy to partner with the renowned investor 3i and are looking forward to jointly supporting the successful growth of Formel D. We are committed to adding significant value to the company’s development, in particular by using our expertise and network in Asia.”

 

FORMEL D

About Formel D

Formel D is a global service provider to the automotive and component supply industry. The company develops concepts and scalable solutions for quality assurance and process optimization along the entire automotive value chain – from development to production through to aftersales. Headquartered in Troisdorf near Cologne, the company was founded in 1993 and has over 7,000 employees at 80 locations in 19 countries worldwide. The company is managed by the Managing Directors Dr. Holger JENÉ, Dr. Jürgen LAAKMANN and Claus NIEDWOROK.

 

 

About CITIC Capital

Founded in 2002, CITIC Capital Holdings Limited is an alternative investment management and advisory company. The firm manages over USD20 billion of capital from a diverse group of international institutional investors. Core businesses include Private Equity, Real Estate, Structured Investment & Finance, and Asset Management. CITIC Capital currently employs over 250 staff members throughout its offices in Hong Kong, Shanghai, Beijing, Shenzhen, Tokyo and New York.

CITIC Capital’s private equity arm, CITIC Capital Partners, leverages its extensive resources to help companies realise their full potential in Asia, and has completed over 50 investments in the past years in China, Japan, the US and Australia. The firm currently manages USD4.8 billion of committed capital.

CITIC LIMITED, CITIC CAPITAL, THE CARLYLE GROUP AND MCDONALDS FORM STRATEGIC PARTNERSHIP TO EXPAND IN MAINLAND CHINA AND HONG KONG

 

New Partnership Will Become the Largest McDonald’s Franchisee Outside the United States

CITIC Limited (SEHK:00267, “CITIC”), CITIC Capital Holdings (“CITIC Capital”), The Carlyle Group (NASDAQ: CG, “Carlyle”) and McDonald’s Corporation (NYSE: MCD, “McDonald’s”) today announced the formation of a partnership and company that will act as the master franchisee responsible for McDonald’s businesses in mainland China and Hong Kong for a term of 20 years.

mcdonalds-small-french-fries

The total consideration payable by the new company to acquire McDonald’s mainland China and Hong Kong business is up to US$2.08 billion (approximately HK$16.14 billion). The consideration will be settled by cash and by new shares in the company issued to McDonald’s. After completion of the transaction, CITIC and CITIC Capital will have a controlling stake of 52%, while Carlyle and McDonald’s will have interests of 28% and 20%, respectively.

The partnership will use its combined expertise and resources to accelerate growth in McDonald’s business through new restaurant openings, particularly in tier 3 and 4 cities, and to improve sales performance in existing restaurants. The focus will be on key areas such as menu innovation, enhanced restaurant convenience, retail digital leadership and delivery.  It intends to add over 1,500 restaurants in China and Hong Kong over the next five years.

McDonald’s CEO Steve Easterbrook said, “China and Hong Kong represent an enormous growth opportunity for McDonald’s. This new partnership will combine one of the world’s most powerful brands and our unparalleled quality standards with partners who have an unmatched understanding of the local markets and bring enhanced capabilities and new partnerships, all with a proven record of success. By working together, we will unlock even faster growth and be closer to the customers and communities we serve as McDonald’s works to be the leading Quick Service Restaurant across the Chinese mainland and Hong Kong.”

China’s consumer sector is growing rapidly, benefiting from continued urbanisation, an expanding middle class and increasing disposable household incomes. China’s working population is larger than those of the US and Europe combined, yet spending levels of China’s middle class are a small fraction of those in more developed countries. As disposable incomes rise, people will continue to spend more on leisure and dining out, particularly in tier 3 and 4 cities where there is great growth potential. As such, the market for Western Quick Service Restaurants is expected to continue to grow rapidly.

For CITIC, this investment offers a chance to deepen its exposure to the consumer sector, which is poised to be the main driver of China’s economy for decades to come. This transaction is another step in CITIC’s efforts to better balance its financial and non-financial businesses. CITIC also sees opportunities for synergies with its existing businesses.

Mr Chang Zhenming, Chairman of CITIC Limited, commented: “We believe CITIC’s unique platform and its extensive resources will enable us to help realise McDonald’s full potential in China. Together with our partners, we will devote ourselves to continue upholding McDonald’s extremely high standards of food quality and service. Importantly, this is also a strategic opportunity for CITIC to invest in the expanding Chinese consumer sector. McDonald’s extensive network and consumer base will provide us with invaluable insights, which we will leverage to the benefit of our existing businesses.”

For Carlyle, this investment offers the chance to partner with an iconic brand with sizeable market share and growth potential in China. Carlyle has years of strong investment and operating experience in the global consumer and retail sector, and is well positioned to drive further growth of the new company. Equity for this transaction will come from Carlyle Asia Partners IV. Carlyle has invested more than US$7 billion of equity in approximately 90 transactions in China, as of 30 September 2016.

Mr X.D. Yang, Managing Director and Co-Head of the Asia buyout team of The Carlyle Group, will serve as Vice Chairman of the board of the new company. He said, “Carlyle and CITIC have a strong history of partnering together. Today, we are pleased to cooperate with CITIC again, alongside McDonald’s, on one of our largest deals in China. This substantial investment demonstrates our confidence in the strength of the Chinese consumer.”

Mr Yichen Zhang, Chairman and CEO of CITIC Capital, will serve as Chairman of the board of the new company. He said, “McDonald’s core business proposition and potential in China is clear. We will work closely with the existing management team and partners, including Beijing Capital Agribusiness Group, to respond to local market expectations and continue to expand and improve the business to meet the needs of the Chinese consumer.”

As part of its turnaround plan announced in May of 2015, McDonald’s committed to refranchising 4,000 restaurants by the end of 2018, with the long-term goal of becoming 95% franchised. As a result of this transaction, McDonald’s is refranchising more than 1,750 company-owned stores in China and Hong Kong.

As of 31 December 2016, McDonald’s operates and franchises over 2,400 restaurants in mainland China and more than 240 restaurants in Hong Kong. It has built one of the strongest brand names and most robust systems in the region over the past three decades. Currently employing over 120,000 staff and serving over one billion customers annually in China, McDonald’s is the second largest Quick Service Restaurant chain in China and the largest in Hong Kong.

Upon completion of the transaction, the new company will have a board of directors with representatives from CITIC, CITIC Capital, Carlyle and McDonald’s. McDonald’s existing management team will continue to lead the business.

The deal is contingent upon relevant regulatory approvals. The deal is expected to close in mid-2017.

This press release should be read in conjunction with the full text of the HKEX Announcement dated 9 January 2017, which is available on www.hkex.com.hk.

 

-END-

 

citic-ltd

About CITIC Limited

 

CITIC Limited is China’s largest conglomerate operating domestically and overseas, with businesses in financial services, resources and energy, manufacturing, engineering contracting and real estate as well as others. CITIC’s rich history, diverse platform and strong corporate culture across all businesses ensure that CITIC Limited is unrivalled in capturing opportunities arising from China’s continued growth. CITIC Limited is listed on the Stock Exchange of Hong Kong (SEHK: 00267), where it is a constituent of the Hang Seng Index. CITIC Group, a Chinese state owned enterprise, owns 58% of CITIC Limited. For more information about CITIC Limited, please visit the company website at www.citic.com.

citic-capital_logo-translucent-background About CITIC Capital

Founded in 2002, CITIC Capital is an alternative investment management and advisory company. The firm manages over US$8 billion of capital from a diverse group of international and Chinese investors. Core businesses include Private Equity, Real Estate, Structured Investment and Finance, Asset Management and Venture. CITIC Capital currently employs over 200 staff members throughout its offices in Hong Kong, Shanghai, Beijing, Shenzhen, Tokyo and New York. The firm combines a deep knowledge of the Chinese business and financial markets with world-class investment expertise to create and maximize value for its investors.

carlyle-group  About The Carlyle Group

The Carlyle Group (NASDAQ: CG) is a global alternative asset manager with US$169 billion of assets under management across 125 funds and 177 fund of funds vehicles as of 30 September 2016. Carlyle is one of the largest investors in China, having pursued approximately 90 investments over almost 20 years in China. Carlyle’s purpose is to invest wisely and create value on behalf of its investors, many of whom are public pensions. Carlyle invests across four segments – Corporate Private Equity, Real Assets, Global Market Strategies and Investment Solutions – in Africa, Asia, Australia, Europe, the Middle East, North America and South America. Carlyle has expertise in various industries, including aerospace, defence & government services, consumer & retail, energy, financial services, healthcare, industrial, real estate, technology & business services, telecommunications & media and transportation. The Carlyle Group employs more than 1,625 people in 35 offices across six continents.

mcdsAbout McDonald’s

McDonald’s is the world’s leading global foodservice retailer with over 36,000 locations in over 100 countries. More than 80% of McDonald’s restaurants worldwide are owned and operated by independent local business men and women.

CITIC EXITS KING KOIL to ADVENT

 

CITIC Capital Partners has sold King Koil China to Advent International. No financial terms were disclosed. BDA Partners provided financial advice to CITIC on the transaction. King Koil China is a maker and seller of mattresses in China.

PRESS RELEASE

(Shanghai, 01 November 2016) CITIC Capital Partners, the private equity arm of CITIC Capital Holdings Limited, is pleased to announce that its fund has completed the sale of its controlling stake of King Koil Shanghai Sleep System Co., Ltd (“King Koil China” or “the Company”) to Advent International. The investment was made through CITIC Capital China Partners II, L.P., its second China-focused buyout fund. Terms of the transaction were not disclosed. BDA Partners acted as exclusive financial advisor to CITIC Capital Partners.

Based in Shanghai, King Koil China is a manufacturer and retailer of premium mattresses in China and the exclusive licensee of several international mattress brands such as “King Koil”, “Aireloom”, and “Life Balance” in China. King Koil, a leading US brand founded in 1898, is one of the best-known premium mattress brands globally and is well-recognized by Chinese professionals. The Company is also the leading player in supplying premium sleep products to luxury hotels in China.

CITIC Capital Partners acquired King Koil China in June 2014. Over the past two years, CITIC Capital Partners has focused on growing the Company’s business through expansion of its retail coverage, strengthening its brand recognition, streamlining operational systems and establishing stronger alliances with leading retailers and shopping mall developers by leveraging CITIC Capital’s resources. With the support of CITIC Capital Partners, King Koil China has successfully expanded its business in China market and further enhanced its industry leadership. King Koil China has recently established its first flagship store at a shopping mall in Shanghai and has been voted as the top luxury hotel supplier by frequent travellers.

Yichen ZHANG, Chairman and CEO of CITIC Capital Holdings Limited, said: “It has been our pleasure working with the management and other shareholders of King Koil China in the last two years. Under CITIC Capital Partners’ ownership, King Koil China has demonstrated robust growth and profitability, especially in the key hotel contract and retail sector markets. We believe King Koil will continue to see tremendous growth potential on the back of a solid foundation and the support and resources of the new partner.”

Stephen WANG, CEO and Co-founder of King Koil China said, “We would like to thank CITIC Capital Partners for its contribution to our business in the past and are delighted to welcome such an experienced and growth-oriented private equity firm as our new investment partner. The mattress market in China is large and fragmented, but growing.

With Advent’s support, we will continue to focus on our core competencies that drive growth and operational efficiency, allowing us to consolidate the market and further increase both our footprint and market share in the premium mattress segment.”

king-koil

About King Koil Shanghai Sleep System Co., Ltd.
Established in Shanghai in 2000, King Koil Shanghai Sleep System Co., Ltd. is a manufacturer and retailer of premium mattresses in China and is the exclusive licensee of several international mattress brands such as “King Koil”, “Aireloom”, and “Life Balance” in China. King Koil, a leading US brand founded in 1898, is one of the best-known premium mattress brands globally and has received many prestigious distinctions, including endorsements from the International Chiropractors Association (ICA) and the Foundation for Chiropractic Education and Research (FCER).

About CITIC Capital Holdings Limited
Founded in 2002, CITIC Capital Holdings Limited is an alternative investment management and advisory company. The firm manages over USD7.9 billion of capital from a diverse group of international institutional investors. Core businesses include Private Equity, Real Estate, Structured Investment & Finance, Asset Management and Venture. CITIC Capital currently employs over 200 staff members throughout its offices in Hong Kong, Shanghai, Beijing, Shenzhen, Tokyo and New York.

About CITIC Capital Partners
CITIC Capital Partners, the private equity arm of CITIC Capital Holdings Limited, operates in China, the United States and Japan, and currently manages USD3.6 billion of committed capital on behalf of over 60 international investors. CITIC Capital Partners’ funds invest globally and work with management teams to help companies realise their full potential.