be approved by National Development and Reform Commission (NDRC), and with the qualification to manage social insurance fund and insurance fund.
China Science & Merchants Investment Management Group (CSC), founded in 2000, is a preeminent private investment firm in China with US $10 Billion (RMB ¥ 60 Billion) of capital under management. CSC owns an extensive network in China via its local partners. Currently CSC covers more than 100 cities and has built relationships with over 1000 LPs.
CITIC Private Equity Funds Management Co., Ltd (CITIC PE) was founded in June 2008, following approval by the National Development and Reform Commission (NDRC). Boasting a paid-in capital of RMB2.3 billion, CITIC PE gained support from multiple shareholders including CITIC Securities.
Founded in April 2013, CITIC Culture & Tourism Industry Investment Management (Beijing) Co., Ltd. is a management company established by CITIC Group for managing tourism and culture equity investments, legally represented by Mr. Li Ruiyue. As a wholly-owned subsidiary of CITIC Group, CITIC culture & tourism industry fund is a strategic platform of CITIC Group to engage in cultural and tourism industry investments.
Hunan Yunfenghu Investment and Development Co., Ltd., established in March, 2010, is funded by Changsha Powerteam Group and Beijing Mylin Holding Group and boats RMB 288 million Yuan in registered capital, for the operation of Yunfenghu International Tourist Resort.
Oriza FOFs was established by China Development Bank Capital and Oriza Capital, with a registered capital of 100 million RMB. As the first professional Fund of Fund management team in the market, Oriza FoFs