Genesis Capital II, LP (“Fund II” or the “Fund”) is a China-focused growth stage technology private equity fund. The Fund will invest in companies utilizing information technology to improve the overall efficiency of various industries, including:
(b) Business-to-Business Platforms and Enterprise Services,
(d) Healthcare, and
The Fund will invest primarily in businesses in China.
a. Through its investments, the Fund will help support the transition of the Chinese economy from a manufacturing to an increasingly innovation and technology driven one. The Fund will support the use of advanced information technology to improve efficiencies of the traditional industries such as retail, enterprise services, logistics/transportation, healthcare, and education.
b. Knowledge transfer and sharing of best practices: The Fund is expected to provide strong and comprehensive support through its board positions on portfolio companies to develop and improve their environmental and social practices and level of corporate governance.
The General Partner of the Fund is Genesis Capital II Ltd. The Fund is headed by Mr. Richard Peng and Mr. Kurt Xu.
Fund II is targeting to raise US$600 million. IFC, together with its Asset Management Company, is considering an equity investment in Fund II, not to exceed 20% of the total commitments.
The General Partner of the Genesis Capital II, LP is Genesis Capital II Ltd. The Fund is headed by Mr. Richard Peng and Mr. Kurt Xu.
1/ The Project Contact
+86 (10) 8440 0800
16/E2, Tower A, Gateway Plaza, 18 Xiaguangli, East Third Ring North Road, Chaoyang District, Beijing, China
2/ The IFC Contact
General IFC Inquiries
2121 Pennsylvania Avenue, NW
Washington DC 20433
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