Investments
69Portfolio Exits
7Funds
4About Vision Knight Capital
Vision Knight Capital, or Jiayu Fund, jointly founded by Mr.David Wei and Dr.Daming Zhu in May 2011, is a private equity fund focusing mainland China's retail/consumer,internet and e-commerce sectors.
Vision Knight Capital Headquarter Location
33rd Floor, Kerry Parkside Office, 1155 Fangdian Rd Pudong District
Shanghai, Shanghai, 201204,
China
86-21-20281659
Latest Vision Knight Capital News
May 30, 2022
According to a disclosure by the Hong Kong Stock Exchange (HKEx) on Sunday , Vision Deal HK Acquisition Corp, a special purpose acquisition company (SPAC) jointly sponsored by David Wei, founding partner and chairman of Vision Knight Capital, DealGlobe and Opus, has received approval following a listing hearing a few days ago. Citigroup and Haitong International Capital are serving as co-sponsors. Vision Deal is now the second SPAC to pass a listing hearing at the HKEx. According to the prospectus, it intends to focus on Chinese high-quality companies specializing in smart car technology and those having supply chain and cross-border e-commerce capabilities, benefiting from the upgrading trend of domestic consumption. David Wei, one of the founders of Vision Deal, was an executive of Alibaba Group and is now a founding partner of Vision Knight Capital, a private equity fund management company, focusing on new channels, B2B platforms, services, products, new consumption and new technologies for empowering the Chinese internet industry. As of December 31, 2021, through the management of two US dollar funds and five RMB funds, the assets under its management are equivalent to $2.2 billion. Its previous well-known investment cases include Pop Mart, Smoore International and Anker Innovations. At present, Wei is the chairman of the board of directors at Vision Deal. It is worth noting that Vision Deal plans to make an announcement within 18 months and the completion of a De-SPAC Transaction within 30 months after the listing date. This target is significantly shorter than the 24 months and 36 months required by HKEx rules.
Vision Knight Capital Investments
69 Investments
Vision Knight Capital has made 69 investments. Their latest investment was in Zunpai Communication as part of their Seed VC - II on May 5, 2022.
Vision Knight Capital Investments Activity
Date | Round | Company | Amount | New? | Co-Investors | Sources |
---|---|---|---|---|---|---|
5/8/2022 | Seed VC - II | Zunpai Communication | Yes | Anysoft, FutureX Capital, Hushan Capital, Shanghai STVC Group, Undisclosed Investors, and Xiaomi | 1 | |
4/25/2022 | Series A - II | Xijie Fried Skewers | $11.43M | Yes | 6 | |
4/21/2022 | Series B | EVIRTH | $15.5M | Yes | 2 | |
4/11/2022 | Series C - III | |||||
1/4/2022 | Seed VC - II |
Date | 5/8/2022 | 4/25/2022 | 4/21/2022 | 4/11/2022 | 1/4/2022 |
---|---|---|---|---|---|
Round | Seed VC - II | Series A - II | Series B | Series C - III | Seed VC - II |
Company | Zunpai Communication | Xijie Fried Skewers | EVIRTH | ||
Amount | $11.43M | $15.5M | |||
New? | Yes | Yes | Yes | ||
Co-Investors | Anysoft, FutureX Capital, Hushan Capital, Shanghai STVC Group, Undisclosed Investors, and Xiaomi | ||||
Sources | 1 | 6 | 2 |
Vision Knight Capital Portfolio Exits
7 Portfolio Exits
Vision Knight Capital has 7 portfolio exits. Their latest portfolio exit was Chuanzhi Boke on January 12, 2021.
Date | Exit | Companies | Valuation Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model. | Acquirer | Sources |
---|---|---|---|---|---|
1/12/2021 | IPO - II | Public | 3 | ||
Date | 1/12/2021 | ||||
---|---|---|---|---|---|
Exit | IPO - II | ||||
Companies | |||||
Valuation | |||||
Acquirer | Public | ||||
Sources | 3 |
Vision Knight Capital Fund History
4 Fund Histories
Vision Knight Capital has 4 funds, including Vision Knight Capital China Fund II.
Closing Date | Fund | Fund Type | Status | Amount | Sources |
---|---|---|---|---|---|
4/13/2014 | Vision Knight Capital China Fund II | Diversified Private Equity | Closed | $550M | 1 |
4/9/2014 | Vision Knight Capital (China) Entrepreneur Fund II | ||||
10/30/2013 | Online Education Venture | ||||
12/31/2011 | Vision Knight Capital (China) Fund I LP |
Closing Date | 4/13/2014 | 4/9/2014 | 10/30/2013 | 12/31/2011 |
---|---|---|---|---|
Fund | Vision Knight Capital China Fund II | Vision Knight Capital (China) Entrepreneur Fund II | Online Education Venture | Vision Knight Capital (China) Fund I LP |
Fund Type | Diversified Private Equity | |||
Status | Closed | |||
Amount | $550M | |||
Sources | 1 |
Vision Knight Capital Team
5 Team Members
Vision Knight Capital has 5 team members, including current Senior Director, Kenny Man.
Name | Work History | Title | Status |
---|---|---|---|
Zhe Wei | Founder | Current | |
Kenny Man | Senior Director | Current | |
Bill Wang | Senior Director | Current | |
Simon Zhang | Senior Director | Current | |
Pak-Seng Lai | HQ Capital | Managing Partner | Former |
Name | Zhe Wei | Kenny Man | Bill Wang | Simon Zhang | Pak-Seng Lai |
---|---|---|---|---|---|
Work History | HQ Capital | ||||
Title | Founder | Senior Director | Senior Director | Senior Director | Managing Partner |
Status | Current | Current | Current | Current | Former |
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