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{{Short description|China-based investment firm}}
{{Short description|China-based investment firm}}
{{Use dmy dates|date=December 2023}}
{{Infobox company
{{Infobox company
| name = Cowin Capital Group
| name = Cowin Capital Group
Line 5: Line 6:
| former_name =
| former_name =
| logo = Cowin Capital.png
| logo = Cowin Capital.png
| type = [[Public company|Public]]
| type = [[Public company]]
| traded_as = {{NEEQ|832793}}
| traded_as = {{NEEQ|832793}}
| industry = [[Investment management]]
| industry = [[Investment management]]
Line 12: Line 13:
| location = [[Shenzhen]], [[China]]
| location = [[Shenzhen]], [[China]]
| founders = Zheng Weihe "Alex" <br>Huang Li
| founders = Zheng Weihe "Alex" <br>Huang Li
| aum = US$4.7 billion (2022)
| aum = US$4.7&nbsp;billion (2022)
| assets =
| assets =
| products = [[Private Equity]]<br>[[Venture Capital]]
| products = [[Private Equity]]<br>[[Venture Capital]]
| homepage = {{URL|cowincapital.com.cn}}
| homepage = {{URL|cowincapital.com.cn}}
| footnotes = <ref name="LBS">{{cite web |title=Private Equity Findings (Issue 7 Winter 2012) |url=https://www.collercapital.com/sites/default/files/Findings_Issue7_p1-28_Low%20res_0.pdf |website=Coller Capital |publisher=London Business School|archive-url=https://web.archive.org/web/20230526135636/https://www.collercapital.com/sites/default/files/Findings_Issue7_p1-28_Low%20res_0.pdf |archive-date=2023-05-26 }}</ref>
| footnotes =<ref name="LBS">{{cite web |title=Private Equity Findings (Issue 7 Winter 2012) |url=https://www.collercapital.com/sites/default/files/Findings_Issue7_p1-28_Low%20res_0.pdf |website=Coller Capital |publisher=London Business School|archive-url=https://web.archive.org/web/20230526135636/https://www.collercapital.com/sites/default/files/Findings_Issue7_p1-28_Low%20res_0.pdf |archive-date=26 May 2023 }}</ref>
}}
}}


'''Cowin Capital''' ('''Cowin'''; {{Zh|c=|p=Tóngchuàng Wěiyè|s=同创伟业}}) is a Chinese investment firm based in [[Shenzhen]], China. According to [[South China Morning Post]], from January 2019 to May 2020, it was the tenth most active [[venture capital]] firm in China.<ref>{{Cite web |date=2023-02-09 |title=China Internet Report 2020 |url=http://www.invest-data.com/eWebEditor/uploadfile/2020073009440911236297.pdf |archive-url=https://web.archive.org/web/20230209141150/http://www.invest-data.com/eWebEditor/uploadfile/2020073009440911236297.pdf |archive-date=2023-02-09 |access-date=2023-02-09 |website=SCMP}}</ref>
'''Cowin Capital''' ('''Cowin'''; {{Zh|c=|p=Tóngchuàng Wěiyè|s=同创伟业}}) is a Chinese investment firm based in [[Shenzhen]], China. According to [[South China Morning Post]], from January 2019 to May 2020, it was the tenth most active [[venture capital]] firm in China.<ref>{{Cite web |date=9 February 2023 |title=China Internet Report 2020 |url=http://www.invest-data.com/eWebEditor/uploadfile/2020073009440911236297.pdf |archive-url=https://web.archive.org/web/20230209141150/http://www.invest-data.com/eWebEditor/uploadfile/2020073009440911236297.pdf |archive-date=9 February 2023 |access-date=9 February 2023 |website=SCMP}}</ref>


== Background ==
== History ==
⚫
On 26 June 2000, Cowin was founded by Zheng Weihe and his wife, Huang Li using their own funds of RMB 80 million during the [[dot-com bubble]].<ref name = LBS/><ref name=":0">{{Cite web |last=Tseng |first=Hsiang-Ching |date=5 January 2013 |title=Cowin Capital closes fifth fund on $386m |url=https://www.privateequityinternational.com/cowin-capital-closes-fifth-fund-on-386m/ |access-date=9 February 2023 |website=Private Equity International |language=en-GB |archive-date=9 February 2023 |archive-url=https://web.archive.org/web/20230209134703/https://www.privateequityinternational.com/cowin-capital-closes-fifth-fund-on-386m/ |url-status=live }}</ref><ref>{{Cite book |last=刘平生 |url=https://books.google.com/books?id=Y0WhEAAAQBAJ&pg=PT170 |title=深圳经济特区金融40年 |last2=何杰 |date=26 January 2022 |publisher=社会科学文献出版社 |isbn=978-7-5201-9390-0 |language=zh |access-date=3 July 2023 |archive-date=5 June 2023 |archive-url=https://web.archive.org/web/20230605192002/https://books.google.com/books?id=Y0WhEAAAQBAJ&pg=PT170 |url-status=live }}</ref> Zheng was previously a lawyer and had also worked at the [[Shenzhen Stock Exchange]] which gave him experience and contacts in handling [[initial public offering]]s (IPO).<ref name="LBS" /><ref name=":0" />


⚫
In 2007, Cowin raised its first fund of RMB 50 million.<ref name="LBS" /> Between 2007 and 2011, Cowin expanded rapidly raising five funds and RMB 4&nbsp;billion in total.<ref name="LBS" /> Cowin's funds had a shorter tenure of five years compared to 10 years which was common among their western counterparts.<ref name="LBS" />
⚫
Cowin was founded during the [[dot-com bubble]] in 2000.<ref name = LBS/><ref name=":0">{{Cite web |last=Tseng |first=Hsiang-Ching |date=2013-01-05 |title=Cowin Capital closes fifth fund on $386m |url=https://www.privateequityinternational.com/cowin-capital-closes-fifth-fund-on-386m/ |access-date=2023-02-09 |website=Private Equity International |language=en-GB}}</ref> It was founded by Zheng Weihe and his wife, Huang Li using their own funds of RMB 80 million as registered capital.<ref name="LBS" /><ref name=":0" /> Zheng was previously a lawyer and had also worked at the [[Shenzhen Stock Exchange]] which gave him experience and contacts in handling [[Initial public offering|initial public offerings]] (IPO).<ref name="LBS" /><ref name=":0" />

⚫
In 2007, Cowin raised its first fund of RMB 50 million.<ref name="LBS" /> Between 2007 and 2011, Cowin expanded rapidly raising five funds and RMB 4 billion in total.<ref name="LBS" /> Cowin's funds had a shorter tenure of five years compared to 10 years which was common among their western counterparts.<ref name="LBS" />


Cowin's investment strategy was to look for "hidden champions" in "rising sectors" which were high growth companies that could lead their sectors in three to five years.<ref name="LBS" /> Cowin would then use its expertise and contacts to guide these companies to an IPO.<ref name="LBS" />
Cowin's investment strategy was to look for "hidden champions" in "rising sectors" which were high growth companies that could lead their sectors in three to five years.<ref name="LBS" /> Cowin would then use its expertise and contacts to guide these companies to an IPO.<ref name="LBS" />


In July 2015, Cowin became a publicly listed company on the [[National Equities Exchange and Quotations]].<ref>{{Cite web |title=Investors - Linktel Technologies-Explorer of Datacenter Transceivers |url=http://www.linkteltech.com/index.php?r=commpany/investor&id=208 |access-date=2023-02-09 |website=www.linkteltech.com}}</ref><ref name=":1">{{Cite web |title=NEEQ's tighter listing norms spook PE firms 丨 Business |url=https://www.chinadailyasia.com/business/2016-06/06/content_15444937.html |access-date=2023-02-09 |website=data:blog.title}}</ref> According to its 2015 [[annual report]], 90% of its income came from fund management fees.<ref name=":1" />
In July 2015, Cowin became a publicly listed company on the [[National Equities Exchange and Quotations]].<ref>{{Cite web |title=Investors - Linktel Technologies-Explorer of Datacenter Transceivers |url=http://www.linkteltech.com/index.php?r=commpany/investor&id=208 |access-date=9 February 2023 |website=www.linkteltech.com |archive-date=9 February 2023 |archive-url=https://web.archive.org/web/20230209133915/http://www.linkteltech.com/index.php?r=commpany/investor&id=208 |url-status=live }}</ref><ref name=":1">{{Cite web |title=NEEQ's tighter listing norms spook PE firms 丨 Business |url=https://www.chinadailyasia.com/business/2016-06/06/content_15444937.html |access-date=9 February 2023 |website=data:blog.title |archive-date=9 February 2023 |archive-url=https://web.archive.org/web/20230209133915/https://www.chinadailyasia.com/business/2016-06/06/content_15444937.html |url-status=dead }}</ref> According to its 2015 [[annual report]], 90% of its income came from fund management fees.<ref name=":1" />

== References ==
== References ==
{{reflist}}
{{reflist}}

==External links==
* {{official|http://www.cowincapital.com.cn}}


{{Private equity and venture capital}}
{{Private equity and venture capital}}

Latest revision as of 02:45, 16 March 2024

Cowin Capital Group
Native name
同创伟业集团
Company typePublic company
NEEQ: 832793
IndustryInvestment management
Founded26 June 2000; 23 years ago (2000-06-26)
FoundersZheng Weihe "Alex"
Huang Li
HeadquartersShenzhen, China
ProductsPrivate Equity
Venture Capital
AUMUS$4.7 billion (2022)
Websitecowincapital.com.cn
Footnotes / references
[1]

Cowin Capital (Cowin; Chinese: 同创伟业; pinyin: Tóngchuàng Wěiyè) is a Chinese investment firm based in Shenzhen, China. According to South China Morning Post, from January 2019 to May 2020, it was the tenth most active venture capital firm in China.[2]

History[edit]

On 26 June 2000, Cowin was founded by Zheng Weihe and his wife, Huang Li using their own funds of RMB 80 million during the dot-com bubble.[1][3][4] Zheng was previously a lawyer and had also worked at the Shenzhen Stock Exchange which gave him experience and contacts in handling initial public offerings (IPO).[1][3]

In 2007, Cowin raised its first fund of RMB 50 million.[1] Between 2007 and 2011, Cowin expanded rapidly raising five funds and RMB 4 billion in total.[1] Cowin's funds had a shorter tenure of five years compared to 10 years which was common among their western counterparts.[1]

Cowin's investment strategy was to look for "hidden champions" in "rising sectors" which were high growth companies that could lead their sectors in three to five years.[1] Cowin would then use its expertise and contacts to guide these companies to an IPO.[1]

In July 2015, Cowin became a publicly listed company on the National Equities Exchange and Quotations.[5][6] According to its 2015 annual report, 90% of its income came from fund management fees.[6]

References[edit]

  1. ^ a b c d e f g h "Private Equity Findings (Issue 7 Winter 2012)" (PDF). Coller Capital. London Business School. Archived from the original (PDF) on 26 May 2023.
  2. ^ "China Internet Report 2020" (PDF). SCMP. 9 February 2023. Archived from the original (PDF) on 9 February 2023. Retrieved 9 February 2023.
  3. ^ a b Tseng, Hsiang-Ching (5 January 2013). "Cowin Capital closes fifth fund on $386m". Private Equity International. Archived from the original on 9 February 2023. Retrieved 9 February 2023.
  4. ^ 刘平生; 何杰 (26 January 2022). 深圳经济特区金融40年 (in Chinese). 社会科学文献出版社. ISBN 978-7-5201-9390-0. Archived from the original on 5 June 2023. Retrieved 3 July 2023.
  5. ^ "Investors - Linktel Technologies-Explorer of Datacenter Transceivers". www.linkteltech.com. Archived from the original on 9 February 2023. Retrieved 9 February 2023.
  6. ^ a b "NEEQ's tighter listing norms spook PE firms 丨 Business". data:blog.title. Archived from the original on 9 February 2023. Retrieved 9 February 2023.
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