Hong Kong SAR China · Investor

Primavera Capital Group

Last cheque observed Sep 2026; 6 cheques on record.

Private equityDeploying nowNew fund $50K, Apr 2026

GrowthGreen-techRestaurantLuxury Watch

Deploying now
100%of best year2cheques in 12 months, 6 on record
Since the last cheque65days00hrs00min00sec
Median round$587MRounds led0 of 6Mostly inChina, 83%
Pitch Primavera Capital Group

Primavera Capital Group highlights

  1. 01

    2 cheques in the last 12 months

  2. 02

    Mostly Series B and Growth: 100% of its rounds

What they do

We seek to develop trusted, lasting partnerships with high-potential growth companiesFrom their own website
Type
Private equity
Cheque size
Not stated
Stages
Growth
Sectors
Green-techRestaurantLuxury Watch
Based in
Central, Hong Kong SAR China
Cold pitches
Not accepted

The record

Every round we can evidence, newest first6 appearances

  1. 2026

    2 rounds

  2. Sept
    VASTSeries B · CN · TechStartups$446MWith 8 others
  3. Sept
    Tripo AISeries B · US · TechStartups$446MWith 20 others
  4. 2018

    2 rounds

  5. Aug
    XPENG MotorsSeries B · CN · FinSMEs$587MWith 4 others
  6. Aug
    Xiaopeng MotorsSeries B · CN · China Money Network$587MWith 3 others
  7. 2017

    1 round

  8. Jan
    KoubeiCN · TechCrunch$1.1BWith 3 others
  9. 2012

    1 round

  10. Sept
    AlibabaGrowth · CN$2.0BWith 4 others

An announcement gives the size of the round, not the size of this investor's cheque: the only rounds that imply a cheque are those where they were the sole named investor.

The team

Named by the firm itself, on a filing, its Form ADV or its company registration7 named

EJEllen Janet ChristianDirectoriForm ADV
EWEna Wai Yin LeungDirector of the General PartneriFiling they signed
FZFred Zuliu HuDirector of the General PartneriFiling they signed
LDLeon Dwayne RhuleDirector of the General PartneriFiling they signed
NMNing MaDirectoriFiling they signed
RJRichard Jr. Alvah RufferDirector of the General PartneriFiling they signed
YMYi Man LoDirectoriFiling they signed

We also hold 11 people at this firm from the lists this database was built from: a weaker source than the filings, since a list does not say when a title ended. Login to see them.

What the register says

From the firm's own filings with the SEC, which it must file accurately by law

$11Bgross assets of its funds, 2 advisers combinedOct 2026
4+funds on filenumbered funds in its name
Exemptreporting adviserventure or small private funds
Legal name
Primavera Venture Management Limited
SEC number
CRD 162044

Who they invest alongside

The investors most often in the same rounds as Primavera Capital Group. A count of rooms they were both in, not a relationship either has claimed.

Recently backed

The latest companies Primavera Capital Group put money into.

Quick answers about Primavera Capital Group

What does Primavera Capital Group invest in?

Primavera Capital Group invests most often at Series B and Growth (100% of the rounds on record), in sectors such as Green-tech, Restaurant and Luxury Watch.

How active is Primavera Capital Group?

6 investments on record, 2 of them in the last 12 months. The most recent was in Sept 2026.

What has Primavera Capital Group invested in recently?

Its most recent investments on record: VAST (Series B, Sept 2026), Tripo AI (Series B, Sept 2026) and XPENG Motors (Series B, Aug 2018).

How big are Primavera Capital Group's cheques?

The median round it joins is $587M.

Does Primavera Capital Group lead rounds?

Rarely, if at all: none of its 6 investments on record names it as the lead.

Where does Primavera Capital Group invest?

Most of the companies it backs are in China (83%) and the United States (17%).

Is Primavera Capital Group investing now?

Yes: it is actively investing, with 2 investments in the last 12 months.

Who does Primavera Capital Group invest alongside?

Most often 37 Interactive Entertainment (2 rounds together), Blue Focus PR Consulting (2 rounds together) and CICC (2 rounds together).

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Built from the rounds we watched, its filings and its own website, refreshed every night. How we count · Report a correction · Is this your firm? Claim it