Welkin Group
Encyclopedia
Welkin Group Limited is an Asian alternative asset management and principal investment company that specializes in private equity
Private equity
Private equity, in finance, is an asset class consisting of equity securities in operating companies that are not publicly traded on a stock exchange....

, venture capital
Venture capital
Venture capital is financial capital provided to early-stage, high-potential, high risk, growth startup companies. The venture capital fund makes money by owning equity in the companies it invests in, which usually have a novel technology or business model in high technology industries, such as...

, special situations and opportunistic investing in China.

Welkin was founded in 2009 to make investments on behalf of several family offices in the Greater China region, including the Kong, Liang and Chang families. It has more than $400 million of assets under management committed from reputable family offices
Family office
A family office is a private company that manages investments and trusts for a single wealthy family. The company's financial capital is the family's own wealth, often accumulated over many family generations. Traditional family offices provide personal services such as managing household staff and...

 and current/former executives of some of the largest companies in Asia.

Welkin is headquartered in Hong Kong
Hong Kong
Hong Kong is one of two Special Administrative Regions of the People's Republic of China , the other being Macau. A city-state situated on China's south coast and enclosed by the Pearl River Delta and South China Sea, it is renowned for its expansive skyline and deep natural harbour...

 and has an office in Shanghai
Shanghai
Shanghai is the largest city by population in China and the largest city proper in the world. It is one of the four province-level municipalities in the People's Republic of China, with a total population of over 23 million as of 2010...

. The firm’s chairman is Johnny S. Kong.

Investment focus

Welkin invests primarily in the following industries: industrial, technology, consumer products and services, business services, education and healthcare, through growth capital
Growth capital
Growth capital is a type of private equity investment, most often a minority investment, in relatively mature companies that are looking for capital to expand or restructure operations, enter new markets or finance a significant acquisition without a change of control of the business.Companies...

, build-ups, recapitalizations, PIPEs
Private investment in public equity
A private investment in public equity, often called a PIPE deal, involves the selling of publicly traded common shares or some form of preferred stock or convertible security to private investors. In the U.S...

 and control buy-outs in diverse stages. Welkin is able to leverage the global relationships and successful operating experiences of its investor network to provide superior strategic value-add to portfolio companies.

Investments

  • NIT Education Group - leading private international K-12 school operator in China
  • Precise Packaging - leading beverage aseptic packaging equipment and materials manufacturer in China
  • Juneyao Airlines
    Juneyao Airlines
    Juneyao Airlines is a privately owned airline based in Changning District, Shanghai, China, operating domestic services out of the two Shanghai airports...

     - China's largest privately-owned airline
  • Sinomachinery Group - leading light-duty off-road power machinery systems manufacturer in China
  • East Asia Sports - leading mass-market athletic footwear and apparel company in China

External links

The source of this article is wikipedia, the free encyclopedia.  The text of this article is licensed under the GFDL.
 
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