Centurium Capital Wins Firm of the Year Prize at 2019 AVCJ Awards
2019-11-12Hong Kong, November 11, 2019 -- Centurium Capital secured “Firm of the Year – Mid Cap” prize which was announced and presented at the 2019 AVCJ Private Equity & Venture Capital Awards dinner in Hong Kong.
As the industry’s premier information source, the Asian Venture Capital Journal tasks itself with highlighting the firms, professionals, investments, exits and fundraises that are a cut above the rest.
The AVCJ awards have become a mark of distinction in Asian private equity, and a showcase for first-class innovation, ingenuity and performance. They are also unique in the region in how they are distributed – relying primarily on nominations and votes cast by Asia’s entire private equity and venture capital community, but with contributions from a select panel of industry judges as well as the AVCJ Editorial Board. To be selected as a winner is to be truly acknowledged as preeminent.
AVCJ highlighted Centurium Capital’s strategy, fundraising and investment activities in 2019 at the Awards ceremony: “When Centurium Capital closed its debut US dollar fund at $2 billion in July 2019, it had already deployed 40% of the corpus across five deals and secured one liquidity event. The GP raised twice the targeted amount of an investment strategy rooted in the technology-enabled transformation. Early evidence of this came in the form of Luckin Coffee, which leverages technology to deliver supply chain efficiencies and customer insights. Centurium led the company’s series A and B rounds and was the largest external investor when it listed in May. Other investments included LOHO and China Biologic Products.”
Centurium Capital is a leading private equity investment firm in China and manages multiple RMB and US dollar funds, with a primary focus on China’s consumer, service and healthcare sectors. With best-in-class domain knowledge and sector resources, Centurium Capital is committed to disciplined approach and significant equity commitment to ensure deep engagement with invested companies and create long term shareholder value.