Beijing E-Town International Investment & Development Co (E-Town Capital) was selected as one of the top 20 government-guided funds in China at the China Bridge 2019 Industry Investment Summit held on July 17. 

The event was attended by officials and experts from government departments, investment institutions, and industrial capital and financial institutions, as well as a number of listed companies.

The summit focused on the industry’s development trends and hot topics in industrial investment and explored the industrial investment layout of 2019 and the following years.

The list was released by a research institute affiliated with China Bridge.

In order to determine the overall quality of the government industry guidance fund’s performance, the selection process involved an investigation of the basic situation of the fund, its operations and efficiency levels, and its effects on industrial development.

The specific indicators included the total size of the fund, total number of funds, total number of investment funds, number of new investment funds in 2018, the investment industry the proportion of direct investment, proportion of return investment, cumulative withdrawal amount, level of cumulative returns, and number of social funds.

E-Town Capital won the award due to its outstanding investment performance in funds of funds (FOFs) over the past few years. The company’s FOFs focus on next generation information technology, biotechnology, big health, new energy smart cars, robotics, and smart manufacturing, and it gathers resources through FOFs and guiding funds to attract projects to the Beijing Economic-Technological Development Area (BDA).

In order to serve the various demands of enterprises, the company’s FOFs have set up Angel Funds, VC Funds, PE Capitals, and M&A Funds based on the varying development stages of the enterprises, and have promoted the integration of industry and finance through flexible and diversified investment methods, providing a strong guarantee for the BDA.

As of the end of June 2019, E-Town Capital’s FOFs owned more than 70 funds and managed 265 billion yuan ($38.55 billion) in funds.

E-Town Capital is selected as one of the top 20 government-guided funds in China at the China Bridge 2019 Industry Investment Summit held on July 17. [Photo/etowncapital.com]