Investor Lists

PE firms based in China

Updated 7 November 2026

PE firms headquartered in China.

See all 245 →The top 25
245investors on the list+1 this week
93cheques in 12 months+53% against the market
$54Mmedian round they joined+573% against the market median
11%wrote a cheque in 12 months
7%have led a round

The Top 25

Ordered by cheques observed, never by anything anyone paid for

Deploying now (10)

  1. 1IDG CapitalDeploying nowPrivate equity · China504$25Mmedian roundOct 2026last seen
  2. 2Huagai CapitalDeploying nowPrivate equity · China75$15Mmedian roundJul 2026last seen
  3. 3Eastern Bell CapitalDeploying nowPrivate equity · China72$15Mmedian roundJul 2026last seen
  4. 4jd.comDeploying nowGrowth equity · China28$200Mmedian roundMay 2026last seen
  5. 5Ant FinancialquietGrowth equity · China25$111Mmedian roundDec 2019last seen
  6. 6CID GroupdormantPrivate equity · China23$5.7Mmedian roundAug 2019last seen
  7. 7LenovoDeploying nowGrowth equity · China13$41Mmedian roundOct 2026last seen
  8. 8Trustbridge PartnersquietGrowth equity · China13$30Mmedian roundMay 2025last seen
  9. 9WuXi AppTecquietGrowth equity · China13$66Mmedian roundMay 2019last seen
  10. 10Tiger Capital PartnersquietGrowth equity · China12$46Mmedian roundJan 2015last seen
  11. 11China EquityquietPrivate equity · China11$59Mmedian roundJul 2018last seen
  12. 12Hongtai Capital HoldingsquietPrivate equity · China11$15Mmedian roundJul 2019last seen
  13. 13Hony CapitalDeploying nowPrivate equity · China11$500Mmedian roundOct 2026last seen
  14. 14Kinzon CapitalquietGrowth equity · China9$20Mmedian roundDec 2018last seen
  15. 15Shenzhen Fortune Venture CapitalquietPrivate equity · China9$15Mmedian roundSept 2015last seen
  16. 16Tao CapitalquietGrowth equity · China8$23Mmedian roundAug 2020last seen
  17. 17New Horizon CapitalquietPrivate equity · China8$65Mmedian roundApr 2015last seen
  18. 18BVCFdormantPrivate equity · China7$100Mmedian roundJun 2018last seen
  19. 19Didi ChuxingDeploying nowGrowth equity · China7$281Mmedian roundSept 2026last seen
  20. 20Origo PartnersquietPrivate equity · China7$1Mmedian roundDec 2010last seen
  21. 21United Capital Investment Group LimiteddormantGrowth equity · China7$3.5Mmedian roundMar 2007last seen
  22. 22CtripDeploying nowGrowth equity · China6$15Bmedian roundOct 2026last seen
  23. 23Loyal Valley CapitalDeploying nowPrivate equity · China6$117Mmedian roundOct 2026last seen
  24. 24CPEDeploying nowGrowth equity · China5$2Bmedian roundOct 2026last seen
  25. 25China Construction BankquietGrowth equity · China5$100Mmedian roundDec 2019last seen
220 more on this list

All 245 are in the app, with filters for stage, sector and market. A free account shows 10 per search, Pro up to 1,000.

See the whole list →

Quick answers about PE firms based in China

Who are the most active PE firms based in China?

By cheques observed, the most active are IDG Capital, Huagai Capital, Eastern Bell Capital, jd.com and Ant Financial.

How many PE firms based in China are there?

245 are on record. 11% made an investment in the last 12 months and 7% have led a round.

Which stages do PE firms based in China back?

Of the rounds with a named stage in the last 12 months, mostly Series B (27%) and Series A (18%).

How big are the rounds PE firms based in China join?

The typical (median) round among the leading investors here is $46M.

Which sectors do PE firms based in China back most?

In the last 12 months, mostly AI, Biotech and Robotics.

Which PE firms based in China lead the most rounds?

IDG Capital (8 led), jd.com (2 led) and Huagai Capital (1 led).

What have PE firms based in China invested in recently?

Recent rounds include aSand.ai (Series A, Nov 2026, with Co-Stone Capital), Archon Robotics (Seed, Oct 2026, with IDG Capital) and PhotonPay (Series C, Oct 2026, with IDG Capital).

How is this list of PE firms based in China ranked?

By cheques observed, from the rounds and filings we watched, and never by anything anyone paid for. It is rebuilt every night.

Built from the rounds we watched, refreshed every night. How we count · Report a correction