Open bright achieve cast finish the 2nd period collect of fund of 320 million dollar

May 28, 2008

After entering China 2 years, open bright achieve cast announce to finish yesterday the 2nd period fund collect, collect dimensions is 320 million dollar. Open bright achieve the father that send to hold president Kuang Ziping concurrently to accept ” daily of the first finance and economics ” when interviewing, express, open bright achieve cast will dedicated ground to do an attention the project is inchoate the VC that develops with enlarge exhibition period.

   Newest invested 3 companies

Kuang Ziping expresses, the 2nd period the old cast that the majority investor of fund is first phase fund, shared a few LP to join this financing rank, include 10 American top class universities of the left and right sides to make the biggest component of LP, for example, princeton university.

Kuang Ziping tells a reporter, open bright achieve the investment that joins enterprise of attention newly established and company of fast growth sex, will at the enterprise inchoate reach metaphase phase intervening investment, capital does the follow-up that gives its obligate one share in the growing process of the enterprise 2 times to note endowment.

It is reported, open bright achieve the collect of fund of first phase that cast to was finished in Feburary 2006, collect dimensions is 200 million dollar. Begin from 2006, open bright achieve cast already invested 20 many projects in China in succession, the investment dimensions of odd pen is centrally mostly between 10 million dollar of ~ of 5 million dollar, basically involve sanitation of TMT, medical treatment and consumption kind enterprise. 34 enterprises that are a delegate in order to move network of medium, numerous source among them had been obtained open bright achieve the 2nd round when cast note endowment.

Kuang Ziping expresses, the 2nd period fund will continue dedicated afore-mentioned industries, sanitation of cure of its doctor of traditional Chinese medicine will hold larger proportion, the investment that consumes kind of enterprise pays close attention to will relatively first phase grows somewhat.

In January 2008, open bright achieve cast the later period fund that uses first phase to invest shopkeeper of the gem on the net 9 get gem, mobile phone scene manufacturer second too photoelectricity, the 2nd period the investment project of fund begins to already was started in succession from Feburary, already division of Sino-US to company of clinical biology medicine coronal, be engaged in the car is rented and travelling serve a company hire hey car and cover nursery school to arrive educational group finishs the Oriental Cambridge of campus the first round to note endowment, note control of capital specified number individually to be in ~ of 5 million dollar 10 million dollar.

   Dedicated do VC

End at present, open bright achieve cast the 20 many projects that invest in China to not have exit, kuang Ziping says, open bright achieve cast the development state of affairs according to the enterprise, the choice develops best means to exit to company future.

Open bright starting the virgin group that join is the senior administrator composition that reachs Microsoft by former Intel, Cisco. It is reported, hold water this in new fund while, open bright the adjustment with achieve the Chinese mainland that cast to invested a group to also make certain: Liang Yingyu is promoted to be copartner; The China before American BVP invests is joined with the identity of copartner on behalf of Tong Shihao open bright; Chinese media and consumable industry are senior investor Chen Lin, also join in order to invest partner status. In addition, open bright Robert Headley of financial before Buck of the copartner of partnership fund Ignition Partners of the United States, star chief inspector also becomes one of starting bright investment group.

To investment, kuang Ziping has his idea. He expresses, open bright achieve the financing dimensions that casts terminally too won’t big, have clear investment field, the hope can be in sanitation of TMT, medical treatment and consume kind of industry to lay in only just, will enhance the competition ability of key domain with this. The experience that ever held the position of Intel 6 years to invest ministry China area to invest the job continuously lets Kuang Ziping be familiar with home market more, also make its insisted to make the think of a way of VC. He thinks, start the development that joins line of business as China, the borderline of PE and VC can tend clear.

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