Addor Capital

Addor Capital (Addor) (Chinese: 毅達資本; pinyin: Yìdá Zīběn) is a Chinese investment firm founded in 2014. The firm is backed by the Jiangsu High-Tech Investment Group (Govtor Group), a state-owned investment company established by the Government of Jiangsu. It invests in companies from various industries including technology, manufacturing, energy and healthcare.

Addor Capital
Native name
毅達資本
TypeState-owned enterprise
IndustryInvestment management
Founded2014 (2014)
HeadquartersNanjing, Jiangsu, China
Key people
Ying Wenlu (Chairman)
You Jinbai (President)
ProductsVenture Capital
Private equity
M&A
Real estate
Fund of funds
AUMUS$17.6 billion (January 2021)
OwnerJiangsu High-Tech Investment Group
Websitewww.addorcapital.com
Footnotes / references
[1][2][3][4]

Background

Addor was established in 2014 as part of mixed-ownership reform that was implemented by the Jiangsu High-Tech Investment Group.[1][2][4][5][6]

In 2017, Addor set up an entity in Beijing to establish its M&A and private equity business.[4]

In 2019, Addor set up a subsidiary in Hong Kong to perform activities related to M&A and asset management in overseas markets.[2][4]

In September 2020, Addor partnered with several Chinese companies including Jiangsu High-Tech Investment Group to established a $146 million fund to invest in emerging technology startups.[2]

Addor is headquartered in Nanjing with additional offices in other Chinese cities including Beijing, Shanghai and Guangzhou.[2][3]

Notable investments include Dayun Auto.[2]

References

This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.