Investments
4Funds
3About Beijing Cultural Center Fund
Beijing Cultural Center Fund (北京文化中心基金) is an investment management firm that is wholly-owned by the Beijing Cultural Investment & Development Group (北京文投集团). It focuses on investments in the cultural industry exclusively in Beijing.
Beijing Cultural Center Fund Headquarter Location
Beijing, Beijing, 100016,
China
+86 010-5682 6999
Latest Beijing Cultural Center Fund News
Jan 23, 2018
Chinese Internet security firm Qihoo 360 Technology Co. Ltd. has teamed up with Beijing Cultural Center Fund to established a RMB1 billion (US$150 million) Internet and culture industry-focused fund. The new fund will invest in early and growth stage companies in the fields of film, entertainment, new media information and culture, according to a company announcement. “I am positive about the development of the culture and entertainment industry,” said Zhou Hongyi, chairman, co-founder and CEO of Qihoo 360. “Qihoo 360 develops Internet tools, but the mobile Internet era has constrained the development of Internet tool companies. But I think good content can always attract customers.” In the first half last year, 410 funding deals were made in the culture and entertainment industry, raising a total of RMB61 billion (US$10 billion). Deal volume and value dropped 7.45% year-on-year and 21.6% year-on-year respectively, according to China Culture Industry Funding Data Platform. Investors have been focusing on sectors such as original content, comics, and movie and comic-related products like theme parks. Last February, Sequoia Capital China, IDG Capital and Chinese travel agency China CYTS Tours Holding Co., Ltd. together established an investment vehicle , the CYTS Hongqi Fund, to capitalize on consumer upgrades in the tourism industry. One month earlier, China-focused investment firm Puji Capital partnered with First Capital Securities to set up a joint venture to accelerate innovation in the cultural, technology and consumer industries in China and abroad. Legend Capital also raised money for its sports and culture fund last year, without disclosing the dollar amount.
Beijing Cultural Center Fund Investments
4 Investments
Beijing Cultural Center Fund has made 4 investments. Their latest investment was in Dingsheng Cultural as part of their Growth Equity on December 12, 2018.
Beijing Cultural Center Fund Investments Activity
Date | Round | Company | Amount | New? | Co-Investors | Sources |
---|---|---|---|---|---|---|
12/7/2018 | Growth Equity | Dingsheng Cultural | Yes | 1 | ||
12/14/2017 | Series A | |||||
10/17/2017 | Series E | |||||
12/31/2016 | Seed |
Date | 12/7/2018 | 12/14/2017 | 10/17/2017 | 12/31/2016 |
---|---|---|---|---|
Round | Growth Equity | Series A | Series E | Seed |
Company | Dingsheng Cultural | |||
Amount | ||||
New? | Yes | |||
Co-Investors | ||||
Sources | 1 |
Beijing Cultural Center Fund Fund History
3 Fund Histories
Beijing Cultural Center Fund has 3 funds, including Beijing Cultural Center Fund.
Closing Date | Fund | Fund Type | Status | Amount | Sources |
---|---|---|---|---|---|
Beijing Cultural Center Fund | Diversified Private Equity | Open | 1 | ||
Beijing Wenxin Fangshan Cultural & Creative Industries Development Fund LP | |||||
Jingcheng Cultural Development Chengde Fund LP |
Closing Date | |||
---|---|---|---|
Fund | Beijing Cultural Center Fund | Beijing Wenxin Fangshan Cultural & Creative Industries Development Fund LP | Jingcheng Cultural Development Chengde Fund LP |
Fund Type | Diversified Private Equity | ||
Status | Open | ||
Amount | |||
Sources | 1 |
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