Cathay holds particular expertise in realizing successful capital market transactions for its portfolio companies. In 2007 alone, Cathay completed five IPOs of its portfolio companies on international stock exchanges.
Cathay first helps its portfolio companies maximize capital market valuations through building strategic value and expanding operations. Cathay then assists its companies to secure the best available underwriters and works with management to initiate, manage and complete a capital event according to company needs and existing market conditions. Cathay's in-house team includes former investment bankers, lawyers, management consultants and accountants.
After a capital event, Cathay continues to provide strategic advice to its portfolio companies to maximize shareholder value. Cathay IPOs are managed by top underwriters including Goldman Sachs, Morgan Stanley, Bank of America Merrill Lynch, Credit Suisse, and JP Morgan.
Consistent with Cathay's reputation in the marketplace, IPOs of Cathay portfolio companies are generally over-subscribed and priced at the top end of the target range.
Since 1992, founders and management of Cathay portfolio companies have achieved personal value of well over US$2 billion in capital events facilitated by Cathay.
2015 New China Capital Management