Orchid Asia Closes US$180 Million Fund

January 10, 2006 | Print | Email Email | Comments | Category: Business





    Orchid Asia Group Management has closed its third fund, Orchid Asia III, LP, raising more than US$180 million in capital commitments from institutions and high net worth families from Europe, Asia, the US and the Middle East.

    "We are very pleased with the strong support from our existing investors as well as our new investors for our firm, and our team will work very hard to invest the capital wisely in backing excellent operating executives to build high quality franchises in China," says Gabriel Li, managing director of Orchid Asia.

    With offices in Hong Kong, Shanghai and San Francisco, Orchid Asia has been investing in China for over 10 years and is one of the first international private equity investors in China. Orchid Asia led the first round investment for Ctrip.com (CTRP), which returned over 20 times the initial investment

    The firm has also invested in non-listed Chinese companies like Yaolan.com and Zhaopin.com.

    Related Links:


    Recommend this page: 1 Star2 Stars3 Stars4 Stars5 Stars

    Loading ... Loading ...
    Related News:
  • Chinese Data Storage Solution Provider Gets Funding
  • CVC Closes US$1.975 Billion Asia Pacific Fund
  • IBM Builds US$180 Million China Investment Fund With Lehman Brothers
  • 3Com Closes H3C Acquisition In China
  • Mayfield Fund Ready To Focus On China's Technology Sector
  • Nokia Growth Partners Fund Increases Focus On China
  • China Dongxiang To Invest USD100 Million In Alibaba Group
  • Technology VC Fund Established In Shanxi
  • Agilent Technologies' Venture Unit Invests in Acer Technology Ventures Asia Pacific
  • Netcom Acquires 100% Of Asia Netcom



    • Leave A Comment:



    Inside ChinaTechNews.com


      Other China News

      China Sourcing News:

      Home Building Chain Closes Another Store In China

      American Internet Retailer Adds Courier Fees In China

      French Optics Company Announces Two China Investment Deals

      Increasing Manufacturing Costs Cause Trouble For Chinese Retailer
      TechSecurityChina.com:

      Inspur International To Sell Chinese E-government Business

      Shareholder Disputes Settled For Chinese Media Firm

      Qihoo 360′s Safebox Software Will Integrate With Uuu9.com

      Apple Suspends iPhone 4S Sales In Retail Stores In China
      ChinaWirelessNews.com:

      ZTE Launches First Tablet In America

      Apple Adopts New iPhone Sales System In Hong Kong

      China Telecom To Launch CDMA-based iPhone 4S

      China Mobile's Call Center In Luoyang Formally Launched

      Visit these other China sites: ChinaRetailNews.com | GreenChinaTech.com | ChinaWirelessNews.com | TechSecurityChina.com | China Sourcing News | China CSR