Addor Capital | |
Native Name: | 毅達資本 |
Type: | State-owned enterprise |
Industry: | Investment management |
Location: | Nanjing, Jiangsu, China |
Key People: | Ying Wenlu (Chairman) You Jinbai (President) |
Products: | Venture Capital Private equity M&A Real estate Fund of funds |
Aum: | US$17.6 billion (January 2021) |
Owner: | Jiangsu High-Tech Investment Group |
Footnotes: | [1] [2] [3] [4] |
Addor Capital (Addor) is a Chinese investment firm founded in 2014. The firm is backed by the Jiangsu High-Tech Investment Group (Govtor Group), a state-owned investment company established by the Government of Jiangsu. It invests in companies from various industries including technology, manufacturing, energy and healthcare.
Addor was established in 2014 as part of mixed-ownership reform that was implemented by the Jiangsu High-Tech Investment Group.[5] [6]
In 2017, Addor set up an entity in Beijing to establish its M&A and private equity business.
In 2019, Addor set up a subsidiary in Hong Kong to perform activities related to M&A and asset management in overseas markets.
In September 2020, Addor partnered with several Chinese companies including Jiangsu High-Tech Investment Group to established a $146 million fund to invest in emerging technology startups.
Addor is headquartered in Nanjing with additional offices in other Chinese cities including Beijing, Shanghai and Guangzhou.
Notable investments include Dayun Auto.