On July 20, the "China VC/PE Fund Limited Partners Ranking 2023”, organized by Zero2IPO Ventures, was announced. Beijing E-Town International Investment & Development Co., Ltd (E-Town Capital) was acclaimed as the "Top 50 China VC/PE Institutional Limited Partners of the Year 2023" for its outstanding performance.

E-Town Capital wins the "Top 50 China VC/PE Institutional Limited Partners of the Year 2023"award. [Photo/en.etowncapital.com]

The ranking list is compiled and released by the Zero2IPO Research, based on professional data support in domestic private equity investment and taking into account factors of limited partners in over ten thousand institutions such as fundraising, investments in sub-funds and exits.

On July 19, the China Bridge Fund of Funds (FOFs) Research Institute released the "2022-2023 Limited Partners List”, and E-Town Capital FOF was listed among the "Top 50 Best Chinese Government Guidance Funds for 2022-2023”.

E-Town Capital wins  "Top 50 Best Chinese Government Guidance Funds for 2022-2023" award. [Photo/en.etowncapital.com]

With over 20 years of development in China, private equity fund of funds (PE- FOFs)  have become an important tool for local governments, listed companies, and financial institutions to participate in equity investments. They are also the "lifeblood" of the venture capital market.

Adhering to its functional positioning as an "innovative service provider in industrial finance, science and technology parks and capital operations", E-Town Capital has established a comprehensive and full-process umbrella fund system, with investment funds falling in various categories such as angel investment, venture capital (VC), PE, and mergers and acquisitions (M&A).

As one of the earliest government investment institutions in China to adopt the "sub-fund + direct investment" model, E-Town Capital FOF fully leverages the driving role and leverage effect of State-owned capital, and continuously promotes technological innovation and industrial agglomeration, supporting the high-quality development of Beijing Economic-Technological Development Area (Beijing E-Town) and the construction of Yizhuang New Town. Both its investment model and investment returns are among the top in the country, receiving high recognition in the field of government investment. As of the end of June 2023, E-Town Capital manages nearly 200 investment projects with a total investment amount of over 91.5 billion yuan ($12.73 billion). In addition, its FOFs has invested in 65 funds with a paid-in capital of 47.5 billion yuan and a total fund size exceeding 670 billion yuan.