The Cathay family of funds are managed by New China Investment Management, Inc. and its affiliates, New China Capital Management, LP and New China Capital Management Corp. Cathay¡¯s bi-cultural team members bring over 130 years of collective China-related investment experience operating out of offices in Hong Kong, Beijing, and Stamford, Connecticut, USA.
Cathay is comprised of four investment funds dedicated to direct investment in China:
The Cathay Investment Fund, Limited ("CIF") is a closed-end fund launched in 1992. In late 2003, CIF began returning capital to investors after completing a highly successful investment program.
Cathay Capital Holdings, LP ("CCH I") is a US$250 million private equity fund launched in February 2004. CCH I is fully invested and began returning capital to investors in 2006.
Cathay Capital Holdings II, LP (¡°CCH II¡±) is a US$550 million private equity fund launched in February 2007. CCH II ceased making new investment in 2013, and began returning capital to investors.
Cathay Capital Holdings III, LP ("CCH III") was launched in September 2013.
CCH III is currently Cathay's primary new investment vehicle.
Cathay's investors include numerous US and European-based investment funds, university endowments and family offices.
Funds Under Management
2015 New China Capital Management