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China Resources Consumer Fund II is a private equity vehicle investing in China's dynamic consumer sector. Managed by China Resources Capital, the investment arm of the extensive China Resources Group, it targets high-growth companies. The fund leverages the conglomerate's deep industry expertise and network to boost portfolio businesses' value and market presence across various consumer industries.
This fund stems from the investment strategy of China Resources Group, a state-owned enterprise founded in 1938. Through its "Industrial Finance" sector, the Group developed private equity capabilities to engage key economic segments. China Resources Consumer Fund II was formed to address opportunities within China’s expanding consumer market, continuing a successful investment legacy and strategic focus on this thriving sector.
The fund targets promising consumer brands and innovative enterprises, providing capital and strategic guidance for expansion and market leadership. Its vision is to cultivate a robust portfolio of leading consumer entities, driving their success in a competitive landscape. Through these investments, the fund aims to advance China's consumer economy, aligning with the Group's broader mission to improve living standards.
China Resources Consumer Fund II has 1 tracked investment across 1 company. The latest tracked deal is $80.0M Series D in Smartee in March 2022.
| Date | Company | Round | Lead Investor(s) | Co-Investor(s) |
|---|---|---|---|---|
| Mar 27, 2022 | Smartee | $80.0M Series D | Beijing Taikang Investment | Jiaxing Science City, Zhangjiagang Industrial Investment |