New China Capital Management, LP

What is New China Capital Management, LP?

New China Capital Management, LP is a private equity fund specializing in investments across various industries including software, IT & TMT, education, FinTech & financial services, energy, clean technology, HealthTech & fitness, food & beverage, and material science. With headquarters at 551 Fifth Avenue, 37th Floor, New York, New York, 10176, United States, the fund operates with a strong expertise in equity investments, focusing on seed, startup, early-stage, and expansion phases.

A notable feature of their investment approach is the fund's ability to commit substantial capital, with a minimum of $10 million and a maximum of $80 million per investment. New China Capital Management has an impressive $1.3 billion assets under management. In terms of their investment thesis, they look to partner with high-quality oil and gas operators and are primarily a control investor, internally sourcing a substantial majority of their transactions through an extensive network of industry relationships.

Their individual portfolio investments typically range from $25 to $75 million, and they seek to leverage their portfolio management teams’ expertise and experience in locally focused areas of operations. The fund is also known for their strategic approach, especially within the lower middle market of the upstream oil and gas sector in North America, as they see it as a space with less competition and an expanded exit market to larger strategic and financial buyers.

By investing in 36 portfolio companies since their founding in 2002, New China Capital Management demonstrates a niche strategy that provides executable opportunities to invest with management teams pursuing lease and drill, and acquire and exploit transactions across multiple industry cycles.