Beijing, China, April 1, 2021 – Hosen Capital ("Hosen") announced today that it has completed the final closing of its third USD-denominated fund, Hosen Private Equity III, L.P. ("Fund III") with a total commitment of US$800 million.
Despite the challenging fundraising environment and with COVID-19 in the backdrop, Fund III was oversubscribed and received strong support from existing and new investors. These include prominent blue-chip financial investors (asset managers, consultants, endowments, family offices, fund-of-funds, public pension plans, and sovereign wealth funds) from Asia Pacific region, Europe, North America and South America, as well as global strategic corporates and investors.
In line with prior funds, Hosen Capital will seek to continue investing in buyout and growth opportunities within the food and consumer sectors, bringing the team’s significant experience, strategic ecosystem and transformation capital to support companies in the acceleration of their business plans and amplification of growth potential, creating strategically compelling leaders through buy-and-build and sectors consolidation.
"We are extremely humbled and thankful for the long-term trust and support from our existing investors, and are excited to welcome a new group of investors into the Hosen Capital family." said Chris Wang, Co-founder and Partner of Hosen Capital.
"The success of our Fund III fundraise is a reflection of investor confidence in our investment platform, recognizing the attractive opportunities within the food and consumer sectors in China," added Alex Zhang, Co-founder and Partner of Hosen Capital. "This will allow us to continue executing our investment strategy of partnering with best-in-class industry leaders and management teams to create sustainable value and realize their full potential, positioning them for future success."
Established in 2010 and with offices in Beijing, Shanghai, Chengdu, Hong Kong and Tokyo, Hosen Capital is a leading private equity firm focused on buyout and growth opportunities in the food and consumer sectors within China or with a China growth nexus. Deploying both USD and RMB funds, and with one of the largest teams dedicated to the food and consumer sectors in China, Hosen seeks to partner with industry leaders, working hand-in-hand with entrepreneurs and management teams as well as leveraging consumption and industry upgrade themes to create sustainable long-term value for its stakeholders.