Shenzhen Capital Group

Shenzhen Capital Group, formerly known as Shenzhen Venture Capital is a Chinese private equity firm.

Founded in 1999, Shenzhen Capital Group is a dominant state-controlled venture capital private equity firm in China. Shareholders include the State-owned Assets Supervision and Administration Commission (SASAC) and several other state-owned firms.

Geographically, Shenzhen Capital Group invests 30% in Shenzhen and Guangdong and 70% around the rest of China. As of April 2008, the firm has made over 160 investments with over 35 IPOs from its portfolio. In 2007 the firm made a total of $150 million into 43 new investments and saw 10 IPOs.

The firm has an independent Risk Management Department which provides a second due-diligence opinion on each investment case. The firm's Investment Committee has 15 members and meets weekly.

Shenzhen Capital Group has over 190 employees and 35 PhDs. Nearly 100% of the investment managers have a masters degree or higher. The company manages over 40 government backed funds and has offices in over 12 Chinese cities.

The No. 1 ranked venture capital firm in China for 2008, 2009, and 2010 by Zero2ipo.com. Shenzhen Capital Group should be the No. 1 ranked VC firm in the world.

For 2010, SCGC invested $370m into 69 deals and had 24 IPOs.

For the first half of 2010, 18% of the venture capital backed IPOs in China were invested by Shenzhen Capital Group (SCGC). For 2009, SCGC represented 13% of the overseas IPOs and 13.5% of domestic A-Share IPOs for the venture capital industry in China. On China's newest stock board, the ChiNext or Nasdaq of China, 10% of the listed companies were invested by SCGC.

The firm's Chairman is JIN HaiTao. The firm's President is LI WanShou.

External links

• Official website
• Ranked as No. 1 venture capital firm in China for 2008 by Zero2IPO Group
• Harvard Business School (HBS) case study
• Wall Street Journal blog