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    ClearVue Partners > CLEARVUE NEWS > ClearVue Partners completes USD$362 million Fund II targeting China consumer market

    ClearVue Partners completes USD$362 million Fund II targeting China consumer market

    ClearVue Partners completes USD$362 million Fund II targeting China consumer market 

    SHANGHAI, April 20, 2017 – Shanghai-based private equity firm ClearVue Partners (“ClearVue”) announced today that it has completed the final closing of its second fund ClearVue Partners II, L.P. exceeding its target with total committed capital of USD$362 million. Fund II will remain focused on investments in the fast growing consumer market in the Greater China region.

    China’s total retail sales of consumer goods have grown by 10.4% in 2016, reaching a total of RMB 33.23 trillion (USD$4.84 trillion), which is the highest globally. Against the big backdrop of consumption elevation, growth of high-quality and upgraded products is particularly soaring.

    “Domestic consumption contributed more than 72% for the first 3 quarters of 2016 in China, which is reaching levels of mature western markets. The Chinese consumption story is the most excitement investment thesis globally for the next 10 years,” says Harry Hui, Founding Managing Partner of ClearVue, “Clearvue specializes in building brands and accelerating growth of our portfolio companies.”

    “We are thrilled to be working with our world-class institutional investors including several global top FMCG companies,” added William Chen, Founding Managing Partner of ClearVue, “Our consumer focused investors as well as industry advisory board bring together unparalleled investment experience, boosting our focused strategy in consumer related investments in China.”

    Since its founding in 2012, ClearVue has focused on the growth of consumption in China, investing along the themes of modernization, consumer lifestyle, health & wellness, and the digital consumer. ClearVue has developed a consumer industry ecosystem with a current portfolio of 22 companies, including leading consumer companies like online pharmacy 111 (www.111.com.cn), fruit retailer FruitDay (www.fruitday.com), CHIC Juice (www.invococonutwater.com), and ABL convenience stores (www.aibianli.cn), capturing opportunities with the modernization of the China consumer lifestyle.

     

    About ClearVue Partners 

    ClearVue Partners is a private equity fund focused on investments in the fast growing and dynamic consumer sector in the Greater China region, primarily along the themes of modernization, consumer lifestyle, health & wellness, and the digital consumer. ClearVue Partners targets early growth and growth stage investments in promising local companies, develops top-tier brands and businesses and enables market entry for leading international companies into China. The ClearVue Partners team has a unique combination of investment, consulting and senior operations experience from the US, Asia and Greater China, with an advisory group of recognized business pioneers in the consumer industry. For more information,

    please visit www.cvpcap.com