HTPE, the first USD-denominated private equity investment arm under Huatai Securities, is set to continue its momentum and reach new milestones in various sectors
BEIJING, April 28, 2022 /PRNewswire/ — Founded in 2020, Huatai International Private Equity Fund (“HTPE”) is the USD private equity fund management platform launched by Huatai Securities, one of China largest financial conglomerates which has just celebrated its 30and birthday.
As the first dollar-denominated blind pool fund, HTPE focuses on mid-to-late-stage growth stocks and mid-market buyout investment opportunities in China and beyond, covering semiconductors, technology, healthcare, as well as consumer sectors.
Although born at a difficult time amid the pandemic, HTPE’s fundraising was unaffected by market gloom. He receives commitments from prestigious institutional investors and high net worth individuals around the world, including major insurers, corporations and family offices.
In just one year, HTPE has already made several notable investments in industry-leading companies such as LiDAR sensor company Hesai Technology, semiconductor foundry MEOL SJ semi, automotive chipmaker Semidrive and single-use bioreactor manufacturer JYSSBIO.
“The establishment of this fund is a new undertaking for Huatai and myself,” said Yang LeiManaging Partner of HTPE, “We are a value-added investor with the broader capabilities and resources to support the growth of innovative companies across diverse industries. We bring professional expertise and multi-level support to help companies to realize their full potential, becoming the industry leader in China and internationally. HTPE is well positioned to continue its momentum to seize the limitless opportunities of industrial innovation and modernization in China and beyond.”
Extensive transactional, operational and strategy expertise across the entire industry chain
The fund is comprised of a high caliber diverse team with deep industry experience and professional investment capabilities. Through its “Capital boosts Industry” investment philosophy, HTPE dives into each link of the entire industry chain, seeks to understand economic and industrial structural changes caused by megatrends, and translates structural opportunities into a tangible support for its portfolios as well as China economy.
Since 2020, unexpected changes in domestic policies and international situations have brought China the semiconductor industry to the fore. Under such circumstances, HTPE invested in SJ Semiconductor Corp. (SJ Semi), one of the leading companies in advanced packaging localization.
“We believe that China The Semiconductor Packaging Market is set to resume its global leading growth and even reach a higher level in the near future, owing to the rejuvenation of the global supply chain and growing market demand brought by emerging applications such as 5G, automotive electronics and smart wearables. ,” mentioned Yang Lei.
While in the healthcare sector, long before domestic pharmaceutical companies became very concerned about domestic replacement of pharmaceutical bioreactors and equipment, HTPE had finalized its investment in JYSSBIO, a leading Chinese upstream biopharmaceutical company, this which confirms the strength of its investment strategy and its cutting-edge capabilities in the field of healthcare. industry.
Integrated support to portfolio companies throughout the business lifecycle
HTPE differentiates itself as a visionary pure-play investor with capabilities ranging from growth capital, M&A integration to post-IPO public market, offering deep insight and multidimensional support to companies in its portfolio throughout the capital market life cycle.
The team understands the unique and often complex needs of today’s entrepreneurs at all stages of their business development to help them navigate the maze of increasing complexity, fierce competition and fragmented markets. This enables the fund to provide innovative and tailor-made solution supports across different phases, helping to turn big visions into big businesses.
As a USD investment platform of China leading financial group, HTPE is backed by Huatai’s comprehensive financial businesses and benefits from its well-established resources and networks, not only for growth and buyout investments, but also for IPO advisory supported by the team of investment banking, opportunities for horizontal or vertical mergers and acquisitions, integrations or even spin-offs adapted to the different phases of the companies in its portfolio.
One such demonstration is its investment in Hesai Technology, a global leader in LiDAR sensors for autonomous driving and smart vehicles. Mid-2021, HTPE participated in the over US$370 million Series D financing, as well as a number of leading private equity firms and industry giants, including Xiaomi Group, Hillhouse Venture, Meituan and CPE. As a key strategic partner of Hesai, HTPE provided operational added value by introducing downstream OEM customers, fostering collaboration and key industry partnerships, as well as advising on Hesai’s IPO plan with the investment banking division of Huatai.
Additionally, HTPE invested in Semidrive Semiconductor in Q3 2021, a highly reputable company in the automotive chip industry which has made notable progress in introducing major domestic investors and industry endorsement. which facilitate the rapid growth of its R&D and manufacturing.
Global vision through the international ecosystem
As a listed technology-focused securities group Shanghai, hong kong and London which also successfully acquired AssetMark and completed its spin-off listing in United States, Huatai has built a reputation for innovation and entrepreneurship with a global vision. Previous $630 The agreement to acquire Norway’s largest furniture manufacturer Ekornes, in partnership with Qumei Home Furnishing Group, demonstrates Huatai’s international footprint in private equity investments. The deal set a record among Chinese financial institutions in terms of transaction scale and overseas influence.
Founded with the legacy of Huatai’s global vision and extensive network in international capital markets, HTPE is uniquely inherited with cross-border capabilities to foster the expansion of its portfolio companies from different dimensions.
With a global network of internal and external professionals across the international value chain, HTPE is dedicated to supporting innovative technologies and next-generation business models that are reshaping its target market, and leveraging its unique access to Chinese resources and foreign as well as market in-depth understanding with the international ecosystem.
“There is a tremendous opportunity for private equity investment with China developing the economy and technological innovation, and we look forward to bringing our unique offering to a market well positioned for long-term growth. The rapid growth we have achieved so far demonstrates our significant long-term capital base, strong experience in sourcing and structuring deals, and our advanced management techniques,” said Yang Lei during HTPE’s annual general meeting held last December, “supported by Huatai’s global platforms and financial resources in various sectors, we are uniquely positioned among Chinese private equity investors, offering a tailored value to our portfolio companies. We remain committed to our ambition to build a thriving ecosystem to bring capital to the industry, pioneering best practices among international private equity brands.”
Huatai International Private Equity Fund (“HTPE”) is a USD private equity fund under Huatai Securities, one of China large financial conglomerates. HTPE focuses on mid-to-late stage growth stocks and mid-market buyout investment opportunities in China and beyond, spanning the healthcare, semiconductor, deep tech, TMT and consumer sectors. The core investment team is comprised of investment veterans with over ten years of private equity and capital markets experience. Leveraging Huatai’s strong platforms and networks in China and worldwide, HTPE employs a unique multi-pronged strategy and integrates its global best practices, extensive know-how, deep industry understanding, and comprehensive local expertise and experience to capture potential growth in a variety of sectors, to identify and work with leading companies with promising capabilities at different stages.
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SOURCE Huatai International Private Equity Fund (HTPE)