Source: Preqin

On September 25, 2024, Preqin, the globally renowned data provider for the alternative assets industry, released its Greater China Private Equity and Venture Capital Performance Benchmark Report (2024). The benchmark covers performance data from 431 RMB-denominated funds across 164 institutions.

As part of this comprehensive study, Preqin evaluated both fund-level and manager-level performance, comparing RMB and USD funds and identifying managers with the most consistent long-term results. The benchmark highlights industry-wide indicators—including net IRR, DPI (Distribution to Paid-In), and other metrics—to enhance transparency and showcase China’s top-performing private equity managers.

We are proud to share that two funds managed by Harvest Capital were included in the Preqin RMB Private Equity Best-Performing Funds List, ranking No. 1 and No. 2 nationwide based on combined performance metrics such as net IRR and DPI.

This recognition underscores Harvest Capital’s long-standing commitment to excellence in consumer-sector investing.

Our Commitment to China’s Consumer Economy

As a dedicated investor in China’s consumer and services industries, Harvest Capital firmly believes that consumption remains the most resilient and high-potential driver of China’s economic growth. We are committed to empowering national champions and elevating Chinese consumer brands onto the global stage.

We believe:
Everyone deserves a better life. Chinese consumers deserve world-class national brands.

Looking ahead, we see a promising future for China’s consumer market—one where Chinese brands will continue to accelerate, innovate, and thrive.

About Preqin

Founded in 2003 and headquartered in London, Preqin is a leading global platform providing alternative asset data, market intelligence, and analysis. For more than 20 years, it has supported over 200,000 professionals worldwide in fundraising, deal sourcing, investment decision-making, performance tracking, and market research.