International Corporate Finance

INTERNATIONAL CORPORATE FINANCE RANKINGS

CHINA BEST PRIVATE EQUITY FIRMS*

RANK FIRM ESTABLISHED LEADERS MANAGED ASSETS MAIN INVESTMENT SECTORS

1 CDH Investments 2002 Shangzhi Wu, Zhen

Jiao

$16.5 billion Healthcare, Financial, Energy, Services, Retail,

Manufacturing

2 New Horizon Capital 2005 Jianming Yu ¥20 billion+ RMB

Healthcare & Pharmaceuticals, Consumer goods

& services, Mid-and-high end manufacturing,

Energy, Technology & Innovation

3 JD Capital 2007 Lei Cai ¥30 billion+ RMB

and $300 million

Consumer goods, Services, Pharmaceuticals,

Agriculture, Materials, Equipment, Mining

4

China Science and

Merchants Capital

Management

2000 Xiangshuang Shan ¥80 billion RMB

Energy, Mining, Agriculture, Healthcare,

Culture & Media, New energy, New materials,

Construction materials, IT, Consumer goods,

Advanced manufacturing

5

CITIC Private Equity

Funds Management^2008 Lefei Liu ¥50 billion RMB

Consumer goods & Retail, Financial &

Business services, Technology & Internet,

Healthcare, Environment & Infrastructure,

Industry & Energy

6 Fosun Capital 2007 Bin Tang ¥60 billion+ RMB

Healthcare, Consumer goods, Equipment

manufacturing, Services, Energy efficiency &

Environment protection, TMT, Real estate

7 CCB International 2004 N/A ¥30 billion+ RMB

Healthcare & Pharmaceuticals, Press,

Environment protection, Infrastructure,

Consumer goods, Real estate, Manufacturing,

Financial

8

GUOSEN H&S Venture

Investment^2008 Yong Long ¥5+ billion RMB

Pharmaceuticals, Environment protection,

Hi-tech manufacturing

9 Hony Capital 2003 Linghuan Zhao ¥50+ billion RMB Healthcare, Consumer goods, Services, High

end manufacturing

10 Baring Private Equity Asia 1997 N/A ¥9 billion RMB

Industry, Automobile, Media, Mining, Retail/

Consumer goods, Environment protection,

Education, Healthcare, Services

11 Goldman Sachs 1993 Mingyin Xu $140 billion

(worldwide)

Food & Drinks, Manufacturing, Financial,

Healthcare, Hi-tech, Consumer goods &

services

12

Pingan Bright Fortune

Investment Management^2008 Lihong Li ¥10 billion+ RMB

Healthcare & Pharmaceuticals, Food, TMT,

Education & Culture, Manufacturing

13 Warburg Pincus 1996 Hui Li ¥60 billion RMB

Financial services, Healthcare, Industry

services, TMT, Energy, Consumer goods &

Retail, Real estate

14 GF XINDE Investment

Management

2008 Xuesheng Xiao ¥7 billion RMB

Pharmaceuticals, TMT, Retail & Consumer

goods, Environment protection, New energy,

New materials, Advanced manufacturing

15 CICC PE 2006

Shiyou Chen,

Shenglan Zhang,

Lei Wang, Li Yang

¥22 billion+ RMB

Consumer goods, Healthcare, Energy

efficiency & Environment protection, Financial,

Real estate

16 Tiger Global Management 2001 Chase Coleman

$20 billion

(worldwide) Internet, Education, Consumer goods