The first major private equity fund on the global stage with its initial capital raised domestically in Chinese Yuan (RMB).
Founded in 2012, Sailing Capital (“Sailing”) is the first major private equity fund on the global stage with its initial capital raised domestically in Chinese Yuan (RMB). Sailing was initiated by Shanghai International Group (SIG) mainly for investment overseas.Their LPs include some of the most successful and influential companies in China.Their underlying fund size is currently set to reach RMB 50 billion (US$ 8 billion) and They have successfully completed Their first round of fundraising of RMB 12 billion (US$ 1.9 billion).Sailing engages in direct investment and intends to establish industry-specific or geography-specific sub-funds to manage jointly with the key co-investor(s) in each.Sailing’s commitments can take the form of equity, equity-linked, mezzanine and/or debt capital contributed on a full acquisition, majority or minority basis.Sailing enjoys the flexibility to invest in a wide range of geographies and industry sectors.Their multinational and experienced team possesses a variety of backgrounds in and outside of China, including Wall Street’s bulge bracket, the international legal community, blue chip conglomerates and the Big Four accountancies.
Date
Company Name
|
Round | Money Raised | Industry | Lead Investor |
---|---|---|---|---|
Sep 17, 2018
Ola
|
Private Equity(PE) | $50M | Apps | Yes |
Mar 12, 2018
XGIMI
|
Corporate Round | $95M | Consumer Electronics | — |
Jul 11, 2017
SenseTime
|
Series B | $410M | Artificial Intelligence | Yes |
Oct 1, 2015
Elcelyx Therapeutics
|
Series E | $40M | Biotechnology | Yes |