Bohai Industrial Investment Fund Management Company: From Start Up To Maturity – An Assessment

Abstract

This paper records the life of Bohai Industrial Investment Fund Management Company, the first private equity fund in China specifically created to help develop industrial manufacturing in a region in China. Bohai started up in 2006 and in the last twelve years moved from a slow start up through to a fast developing scale up and has finally arrived at a stable and mature phase in its life cycle. After documenting Bohai’s ups and downs, the authors conclude with a list of recommendations for other developing Chinese industrial PE firms.

Keywords: Chinese private equity fund, PE, Private equity strategy, Industrial PE fund

JEL Classification: G11