Hosen Investment Fund III (IFC-38599)

Countries
  • China
Where the impacts of the investment may be experienced.
Financial Institutions
  • International Finance Corporation (IFC)
International, regional and national development finance institutions. Many of these banks have a public interest mission, such as poverty reduction.
Project Status
Proposed
Bank Risk Rating
FI
Risk rating varies among banks and may refer only to the particular investment and not to the risk for the project as a whole. Projects marked 'U' have an 'Unknown' risk rating at the time of disclosure.
Borrower
HOSEN INVESTMENT FUND III, L.P.
The holder of the loan, grant, or other investment.
Sectors
  • Agriculture and Forestry
  • Industry and Trade
The service or industry focus of the investment. A project can have several sectors.
Investment Type(s)
Equity
The categories of the bank investment: loan, grant, etc.
Investment Amount (USD)
$ 30.00 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please review updated project documents for more information.
Project Cost (USD)
$ 400.00 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please see updated project documentation for more information.
Primary Source

Original disclosure @ IFC website

Updated in EWS Aug 9, 2018

Disclosed by Bank Aug 15, 2016


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Project Description

Hosen Investment Fund III, L.P. (“Hosen III” or the “Fund”) is a China private equity fund with a strong focus on agriculture and food industry, supplemented by adjacent consumer sectors. The Fund will invest in companies that support Chinese consumption and that are either in China or directly supplying to consumers in China.

The Fund is the successor of New Hope Agriculture and Food Fund II, L.P., in which IFC committed US$20 million.

The Fund is managed by Hosen Capital Ltd. (the “Manager” or “HC”). The Manager is led by Mr. Chris Wang and Mr. Alex Zhang who have extensive investment experience. The core team forming HC was initially part of New Hope Capital, the financial business arm of New Hope Group, which managed financial assets and equity investments.

Investment Description
  • International Finance Corporation (IFC)
Private Actors
  • Hosen Capital Ltd. -- Fund Manager
  • Hosen Investment Fund III, L.P. -- Financial Intermediary

Hosen Investment Fund III, L.P. is a China private equity fund with a strong focus on agriculture and food industry, supplemented by adjacent consumer sectors. The Fund will invest in companies that support Chinese consumption and that are either in China or directly supplying to consumers in China.

Contact Information

Mr. Alex Zhang, Partner
Hosen Capital
Suit 2508, Twin Towers (West)
Jianguomenwai Avenue,
Beijing 100022, China

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