{"id":1100,"date":"2019-07-03T14:21:58","date_gmt":"2019-07-03T06:21:58","guid":{"rendered":"http:\/\/ct.v-dk.com\/?p=1100"},"modified":"2023-09-05T13:19:04","modified_gmt":"2023-09-05T05:19:04","slug":"20190703","status":"publish","type":"post","link":"https:\/\/www.centurium.com\/en\/press-en\/20190703\/","title":{"rendered":"Centurium Capital Closes Its Debut Dollar Fund at Over US$2 Billion"},"content":{"rendered":"\n<figure class=\"wp-block-image\"><img loading=\"lazy\" width=\"1403\" height=\"440\" src=\"https:\/\/www.centurium.com\/wp-content\/uploads\/2019\/07\/\u526a\u88c1\u540e.jpg\" alt=\"\" class=\"wp-image-1084\" srcset=\"https:\/\/www.centurium.com\/wp-content\/uploads\/2019\/07\/\u526a\u88c1\u540e.jpg 1403w, https:\/\/www.centurium.com\/wp-content\/uploads\/2019\/07\/\u526a\u88c1\u540e-300x94.jpg 300w, https:\/\/www.centurium.com\/wp-content\/uploads\/2019\/07\/\u526a\u88c1\u540e-768x241.jpg 768w, https:\/\/www.centurium.com\/wp-content\/uploads\/2019\/07\/\u526a\u88c1\u540e-1024x321.jpg 1024w\" sizes=\"(max-width: 1403px) 100vw, 1403px\" \/><\/figure>\n\n\n\n<p><strong>Beijing, China, July 3, 2019 \u2013<\/strong> Centurium Capital, a leading private equity firm in China, today announced the successful close of its debut US dollar fund, Centurium Capital Partners 2018 L.P. at over US$2 billion, far exceeding its target size. The fund has secured overwhelming interests from global institutional investors including pension funds, sovereign wealth funds, family offices, corporate pensions, FOFs, and other financial institutions. The fund was launched in March 2018 and reached a significant first close of nearly US$1 billion in June 2018. <\/p>\n\n\n\n<p>Centurium Capital primarily focuses on investing\ninto China\u2019s consumer, services and healthcare sectors. The firm\u2019s investment\ntheses are built around its core investment strategy of \u201cinvest to transform\u201d.\nCenturium seeks to invest in control or significant minority private equity\nstakes with a particular focus on in-depth engagement to improve operational\nefficiency and solve structural deficiencies.<\/p>\n\n\n\n<p>David Li, Chairman and CEO of Centurium Capital,\ncommented, \u201cThe successful fundraise is a vote of confidence in China\u2019s long\nterm growth potential by global investors, as well as a strong testament to our\nfirm\u2019s strategy and ability of investing to transform. In the context of\nChina\u2019s new norm of economic growth model and fast-evolving business landscape,\nChinese companies and entrepreneurs are faced with unprecedented new challenges\nas well as new opportunities. With a unique combination of global best practice\nand local expertise and experience, Centurium Capital is well positioned to\nprovide bespoke solutions to these challenges and opportunities by being a long\nterm partner of capital and mindshare to our portfolio companies and\nentrepreneurs\u201d.<\/p>\n\n\n\n<p>Since its first close, Centurium Capital has made a number of investments, including Luckin Coffee (NASDAQ: LK), a leading internet based on demand coffee brand and retail chain in China, China Biologic Products (NASDAQ: CBPO), one of the largest plasma-based biopharmaceutical companies in China, and LOHO, China\u2019s leading fast-fashion eyewear brand and retailer with a vertically integrated supply chain.  <\/p>\n","protected":false},"excerpt":{"rendered":"<p>Beijing, China, July 3, 2019 \u2013 Centurium Capital, a lea [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":1070,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[4],"tags":[],"acf":[],"_links":{"self":[{"href":"https:\/\/www.centurium.com\/wp-json\/wp\/v2\/posts\/1100"}],"collection":[{"href":"https:\/\/www.centurium.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.centurium.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.centurium.com\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.centurium.com\/wp-json\/wp\/v2\/comments?post=1100"}],"version-history":[{"count":4,"href":"https:\/\/www.centurium.com\/wp-json\/wp\/v2\/posts\/1100\/revisions"}],"predecessor-version":[{"id":4568,"href":"https:\/\/www.centurium.com\/wp-json\/wp\/v2\/posts\/1100\/revisions\/4568"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.centurium.com\/wp-json\/wp\/v2\/media\/1070"}],"wp:attachment":[{"href":"https:\/\/www.centurium.com\/wp-json\/wp\/v2\/media?parent=1100"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.centurium.com\/wp-json\/wp\/v2\/categories?post=1100"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.centurium.com\/wp-json\/wp\/v2\/tags?post=1100"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}