
Hony Capital is a well-established investment firm with a strong track record of success. It was founded in 2001 by Liang Hong, a renowned entrepreneur and investor.
Hony Capital's investment strategy focuses on private equity and venture capital, with a focus on the Chinese market. The firm has a diverse portfolio of investments across various sectors.
Hony Capital has made significant investments in the consumer goods and services sector, including companies like Mengniu Dairy and Want Want China Holdings. These investments have generated substantial returns for the firm.
The firm's investment team is led by experienced professionals with a deep understanding of the Chinese market and its trends.
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Investments
Hony Capital has made 97 investments, with its latest investment being in UNISOC as part of their Private Equity - III on June 3, 2024.
Hony Capital's investment in UNISOC was a significant one, totaling $552.04 million. This investment was a new one for Hony Capital, and they were joined by other investors such as Bank Of Communications Financial Assets Investment and China Securities.

In 2014, Hony Capital acquired PizzaExpress for $1.54 billion from private equity fund Cinven. This acquisition was a notable one, and Hony Capital plans to open hundreds of new PizzaExpress restaurants in China and India.
Hony Capital has also invested in other companies, including CVA Chip, which received $27.4 million in Series B - II funding on November 13, 2023. This investment was not a new one for Hony Capital, as they had previously invested in the company.
Here is a list of some of Hony Capital's notable investments:
Company Information
Hony Capital is a leading private equity firm in China. It was founded in 1992 by Chen Tonghai.
The firm has a strong track record of investing in various sectors, including consumer and retail, healthcare, and technology.
Hony Capital has invested in over 100 companies, with a total investment value of over $10 billion.
The firm's investment philosophy focuses on long-term growth and value creation.
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Leadership and Partners

Hony Capital is led by John Zhao, its founder and CEO, who also serves as Executive Vice President of Legend Holdings.
Clients
At Hony, we're proud of the strong relationships we've built with our clients, who are a diverse and impressive group. Investors in our private equity funds include numerous American and Canadian pension funds.
The Bill & Melinda Gates Foundation is another notable partner, demonstrating our commitment to making a positive impact.
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Leadership
At Hony Capital, leadership is in the hands of John Zhao, its founder and CEO. He also serves as Executive Vice President of Legend Holdings.
Partners & Customers
Hony Capital has strategically partnered with two notable businesses. Hony Capital partnered with Digital Domain Holdings on September 9, 2017.
Their partnership with Digital Domain Holdings is quite significant, as it was announced on September 11, 2017. This collaboration aims to establish Digital Domain and professionally develop VR consuming experiences.
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Hony Capital's partnership with Digital Domain Holdings is not the only notable one, as they also partnered with Poly Capital and Digital Domain Productions. This partnership was also announced on September 11, 2017, and involves businesses based in the United States and China.
Here's a brief overview of Hony Capital's partnerships:
Fund Information
Hony Capital has a significant presence in the Chinese private equity market, with a focus on investing in high-growth sectors.
The firm's investment approach is centered around partnering with top-tier entrepreneurs and management teams to drive growth and value creation.
Hony Capital has a strong track record of investing in consumer and healthcare sectors, with notable investments in companies like Want Want China and Shanghai Pharmaceuticals.
Their investment strategy is focused on identifying and capitalizing on opportunities in emerging markets and industries.
Hony Capital has a team of experienced investment professionals with deep industry expertise and a proven ability to drive growth and value creation in their portfolio companies.
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Private Equity Profile

Hony Capital is a leading private equity firm in China, founded in 2001 by Liang Hong and his team. It has grown to become one of the largest private equity firms in the country.
Hony Capital has a strong focus on investing in the consumer and retail sectors, with a portfolio that includes companies like KFC and Pizza Hut. Its investments have helped drive growth in these sectors.
The firm has a significant presence in Asia, with offices in China, Japan, and South Korea. This allows it to tap into the region's vast consumer market.
Hony Capital's investment approach is centered around identifying high-growth companies with strong management teams. It provides strategic support and resources to help these companies expand.
The firm has a strong track record of success, with many of its investments achieving significant returns. Its expertise in the consumer and retail sectors has been particularly valuable in driving growth in these areas.
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Acquisitions

Hony Capital has been quite active in making strategic acquisitions. Their latest acquisition was Better Sun Education on July 1, 2017.
Hony Capital acquired a total of 9 companies, with their latest acquisition being Better Sun Education. The valuation of this acquisition was $XXM.
Here is a list of Hony Capital's acquisitions, including the date, investment stage, and valuation:
29 Portfolio Exits
Hony Capital has a total of 29 portfolio exits, with their latest being the acquisition of Wanda Film by China Ruyi Holdings in December 2023.
The company has had a mix of successful exits, including several initial public offerings (IPOs). Xikang went public in September 2023, while Fenbi did the same in January 2023.
One notable exit was the IPO of Xikang in September 2023, where the company's valuation was in the tens of millions.
Here are the details of Hony Capital's 29 portfolio exits:
The majority of Hony Capital's exits were IPOs, with several companies going public in 2022 and 2021.
9 Acquisitions

Hony Capital has made some significant moves in the market, acquiring a total of 9 companies. Their latest acquisition was Better Sun Education on July 1, 2017.
The acquisition of Better Sun Education was a notable one, with a valuation of $XXM. This acquisition was part of Hony Capital's broader strategy to expand its portfolio.
Hony Capital's acquisitions have also been notable for their funding amounts, with some deals reaching as high as $250M.
Here are the details of Hony Capital's 9 acquisitions:
It's worth noting that not all of Hony Capital's acquisitions have been publicly disclosed, with some deals remaining private.
Cloud
Hony Capital's operations are centered in Beijing, China, with a physical address at 25/F, Hexa International Plaza, 9 Chaoyangmen North Street, Dongcheng District.
The company's contact information includes a phone number +86 10 6401 6888 and an email address [email protected]. You can also visit their website at www.honycapital.com.
Hony Capital's physical presence is also reflected in their office locations, with a total of 4 offices listed in the article.
Frequently Asked Questions
What brands are under Hony Capital?
Hony Capital's portfolio includes well-known brands such as CSPC, Zoomlion, and Jin Jiang International Hotels. These companies represent a diverse range of industries, from pharmaceuticals to hospitality.
Who is the CEO of Hony Capital?
The CEO of Hony Capital is John Zhao, who is also its founder. He serves as Executive Vice President of Legend Holdings.
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