PENG Capital is a well-known technology investment institution in China. Right after its inception in August 2014, it established a joint venture with Huatai Securities and launched the Huatai Securities TMT Fund. It has successively managed the BON BigData Fund I, the GPJ IoT M&A Fund, and the BON IDC M&A Fund. Total capital of 10 billion yuan has been deployed since its inception.
The founding members of PENG Capital held core executive positions in China’s top financial institutions, including SAIF Partners, Hambrecht & Quist Asia Pacific (HQAP), and Charoen Pokphand Group’s Financial Holding Co.
PENG Capital led the US$300M buyout of Telink, a world leading fabless chip maker for IoT industry; and advised the US$1.6 Bn buyout of Autohome (NYSE:ATHM) by PingAn Group.
PENG Capital’s team members cumulatively have over 80 years of investment experience, and have made major contribution to notable transactions such as privatization of Qihoo 360, mega investment in Itochu and CITIC.
PENG Capital’s team members have many years of experience in semiconductor industry and have rich industry resources in the semiconductor industry.