Our investment programs target managers focused on mainland China and are tailored to achieve a high degree of diversification across investment stages, industries, and regions.
Our local expertise and capabilities are not only reflected in our demonstrated ability to identify best in class emerging managers, but also in our programs’ allocation strategy. We believe that China’s current stage of development creates unique characteristics with different risk-adjusted returns for different investment stages and industries compared with more mature markets and other emerging markets.
We select managers based on ongoing due diligence and monitoring over long periods of time rather than one-off project based efforts. Our information sources importantly also include entrepreneurs, portfolio company executives, advisors and other stakeholders. By concentrating our due diligence efforts on China specific issues of particular importance to future performance we ensure that our fund managers’ and our own time and resources are spent efficiently.