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Key people at China Minsheng Investment Management.
China Minsheng Investment Group (CMIG) operates as a significant private capital investment entity, orchestrating large-scale investments aimed at fostering economic transformation and industrial upgrading. The company deploys capital across various sectors, strategically aligning its endeavors with national development initiatives, including the Belt and Road. Its approach emphasizes leveraging private funds to support key strategic growth areas.
The firm was formally established on August 21, 2014, in Shanghai, initiated by the All-China Federation of Industry and Commerce (ACFIC). This founding reflected an insight into the necessity for a substantial private sector-led platform to channel investment effectively, thereby complementing state-driven economic development and empowering private enterprise. The launch was a notable event, with figures like Wang Qinmin, then Chairman of ACFIC, marking its inception.
CMIG serves a broad spectrum of ventures and projects that seek private investment to achieve growth and expansion, particularly those contributing to China’s economic rebalancing and global engagement. Its overarching mission is to spearhead private capital deployment to drive economic evolution and upgrading, aspiring to be a key facilitator in shaping future industrial landscapes both domestically and internationally.
Key people at China Minsheng Investment Management.
China Minsheng Investment Management has 2 tracked investments across 2 companies. The latest tracked deal is $94.6M Series A in Kr Space in March 2018.
| Date | Company | Round | Lead Investor(s) | Co-Investor(s) |
|---|---|---|---|---|
| Mar 5, 2018 | Kr Space | $94.6M Series A | China Minsheng Investment Management, IDG Capital | — |
| Aug 2, 2017 | Dianrong | $220.0M Series D | GIC | Simone Investment Managers |