Hony Capital, founded in 2003 sponsored by Legend Holdings, is one of the leading investment management institutions in China, with “To Create Value with Intelligent Capital” as its mission. Hony Capital’s businesses cover PE, real estate, public offering fund management, hedge fund and venture capital with a total AUM of RMB100 billion. As of June 30, 2021, Hony Capital managed 13 funds. Hony Horizon Fund Management Co., Ltd., a public offering fund management company under Hony Capital, managed 7 funds.
Hony Capital currently has USD 12 billion under management, with investors from China and the world’s leading investment institutions, including pension funds, sovereign wealth funds, university endowment funds, insurance companies, family foundations and individual investors such as Goldman Sachs, Canadian Pension Plan Investment Board, Teacher Retirement System of Texas, Abu Dhabi Investment Authority, Kuwait Investment Authority, Temasek, National Council for Social Security Fund, and China Life.
Hony Capital puts China as its top market with investments in over 100 companies in areas of pharmaceutical and healthcare, consumer products, food and beverage, entertainment, environmental protection and new energy, as well as machinery and equipment manufacturing. Hony Capital’s portfolio companies include China Shijiazhuang Pharmaceutical Group (CSPC), Zoomlion, Suning, Chengtou Holding, Jin Jiang International Hotels, ENN, STX, I-Mab Biopharma, Perfect Dairy, etc. The assets value of these companies totals about RMB 2.9 trillion with sales volume of RMB 860 billion, providing more than 450,000 jobs.
Hony Capital strives to become a leading investment management firm with superior returns, and is trusted and respected by all stakeholders.
Chairman and CEO of Hony Capital
Director and Member of Strategy Committee of the Board of Directors of Legend Holdings
Director of Lenovo Group
Mr. John Zhao is the founder, Chairman and CEO of Hony Capital,a leading investment management firm in China. Mr. Zhao also serves as Executive Vice President of Hony Capital’s parent company Legend Holdings, as well as board member of Lenovo, Zoomlion, Jin Jiang International Hotels, WeWork, etc. Mr. Zhao is also Vice Chairman of Asset Management Association of China (AMAC) and Chairman of the private equity & buyout fund committee under AMAC; board member of the China Development Research Foundation (CDRF), governor of Our Hong Kong Foundation, and governing board member of China-United States Exchange Foundation.
Mr. Zhao joined Legend Holdings and founded Hony Capital in 2003. Under his leadership, Hony Capital currently manages over USD 12 billion of assets and has invested in around 100 companies domestically and abroad.
Mr. Zhao holds an MBA degree from the Kellogg School of Management at Northwestern University, dual Master’s degrees in Electronic Engineering and Physics from Northern Illinois University, and a Bachelor’s degree in Physics from Nanjing University.