IDG Capital
 | |
| Type | Private |
|---|---|
| Industry | Investment management |
| Founded | 1993 |
| Headquarters | , China |
Key people | Hugo Shong |
| Products | Venture capital Growth capital Private equity Buyout Secondary markets Public markets |
| AUM | Over US$30 billion[1] |
| Website | www |
IDG Capital (Chinese: IDG资本) is a Hong Kong-based investment and asset management firm.[2] The firm invests across venture capital, growth capital, buyouts, secondary markets and public markets.[3] Founded in the United States in 1993, the firm entered China in the same year and was among the earliest foreign-backed investment firms to operate there.[4][5]
IDG Capital manages over US$30 billion in assets under management.[1]
History
IDG Capital was founded in Boston in 1993.[2][4] It entered China in the same year and became one of the earliest foreign-backed investment firms active in the country's private investment market.[4][5]
The firm was an early investor in companies including Baidu, Tencent, Xiaomi, Meituan, and Qihoo 360.[5][6]
In January 2017, IDG Capital and China Oceanwide Holdings Group announced an agreement to acquire International Data Group and its subsidiaries, including International Data Corporation, IDG Communications and IDG Ventures.[7]
In March 2017, IDG Capital completed the acquisition of a 20 percent stake in French Ligue 1 football club Olympique Lyonnais for €100 million.[8]
According to a 2019 South China Morning Post report summarizing data from the Hurun Research Institute, IDG Capital ranked among the top investors in Chinese unicorn companies.[9]
On 31 January 2024, the United States Department of Defense identified IDG Capital Partners Co., Ltd. on its Section 1260H list of Chinese military companies operating in the United States.[10] In December 2024, the Department of Defense published a Federal Register notice stating that IDG Capital Partners Co., Ltd. should be removed from the list.[11]
References
- 1 2 "Board of Governors". CFA Institute. Retrieved 28 August 2026.
- 1 2 "IDG Capital". Private Equity International. Retrieved 28 August 2026.
- ↑ "IDG Capital". IDG Capital. Retrieved 28 August 2026.
- 1 2 3 "About Us". IDG Capital. Retrieved 28 August 2026.
- 1 2 3 Reale, Hannah (7 March 2021). "Who Is IDG Capital?". The Wire China. Retrieved 28 August 2026.
- ↑ "投资公司". IDG Capital. Archived from the original on 19 March 2018. Retrieved 18 March 2018.
- ↑ "China Oceanwide and IDG Capital Announce Agreement to Acquire IDG". Business Wire. 19 January 2017. Archived from the original on 19 March 2018. Retrieved 28 August 2026.
- ↑ "IDG stake acquisition in Lyon over the line". SportsPro. 1 March 2017. Archived from the original on 2 March 2017. Retrieved 28 August 2026.
- ↑ "These are the savviest investors in Chinese unicorns". South China Morning Post. 14 May 2019. Archived from the original on 31 October 2019. Retrieved 28 August 2026.
- ↑ "Entities Identified as Chinese Military Companies Operating in the United States in Accordance With Section 1260H" (PDF). United States Department of Defense. 31 January 2024. Retrieved 28 August 2026.
- ↑ "Notice of Removal of Designated Chinese Military Companies". Federal Register. United States Department of Defense. 18 December 2024. Retrieved 28 August 2026.
