Building blocks
By Holden Mann As private equity continues to evolve in Asia, GPs want to recruit people with a wider array of talents – but industry participants are split on what skills these new hires should focus upon, and where to find them “There's such a local talent pool pool of people who haven’t spent […]
Leading the Herd
By Holden Mann Lunar has spent the last two years building Yonghong’s regional beef jerky brand into a national contender. The firm hopes to show the possibilities for progress that come with control deals. In 2013, the management team at Guizhou Yonghong had a problem. Not with the business itself – the company, […]
New Environmental Law May Herald Dawn for Corporate Social Responsibility in China
Since China's new environmental law came into effect on January 1, the number of penalties imposed on domestic firms has shot through the roof. But a closer look at what kinds of cases occur where reveals more about which local governments are really getting serious about responsible business. Guo Peiyuan, co-founder and general manager […]
The Mobility of Consumption
Mobile “on the go” shopping in China is becoming the norm – from researching products and discussing with friends to purchasing with a swipe of the finger. Mobile shopping is changing the way customers discover, research and ultimately buy products in China, primarily through 1) providing tools to conduct research while in-store, 2) creating robust […]
Lunar Capital Update: Achievements in 2014
Our achievements in 2014 continue to serve as a validation of our thesis, strategy and commitment to consumer-focused, operationally-intensive, control-oriented investments in China. Our most recent fund, Lunar Capital Partners-III, is now fully invested with strong prospects for further valuation gains and distributions. Our apparel investment, Yeehoo, ended 2014 with revenue and earnings up significantly, […]
Succession-planning Deals: A Matter of Legacy
By Andrew Woodman Long a feature of the developed markets private equity, succession-planning opportunities are beginning to pop up in emerging Asia. Regardless of geography, convincing a founder to sell his business is a challenge Over the course of three decades, Chinese meat snacks producer Guizhou Yonghong – best known for the popular Niutou jerky […]
Lunar Capital 2014: Progress to Date
We believe the coming decade will be marked by an emergence of individuality, a shift from savings toward consumption, and government policies that support the growth of a strong consumer-led economy. Managing these changes is a challenge for the consumer businesses that we target for investment. The recent slowing of growth, in addition to scarcity […]
I Pinco Pallino and Zhang Ziyi Join Cross-Border Cooperation to Open Flagship Store in Shanghai Plaza 66
On September 25 afternoon, I Pinco Pallino held its grand opening ceremony in Shanghai Plaza 66, officially announcing the opening of its sixth store in China, and its first flagship store in the country. The flagship store occupies 62 square meters, with the most notable feature being a chandelier imported from IPP's flagship store in […]
Meet Our Manager – Luke Luan
Luke Luan COO, Little Star Brands Group With over 20 years of experience in operations and an affinity for building businesses, I chose to join Little Star Brands Group as COO to oversee the Company’s sales, merchandising and retail operations for all the brands including Yeehoo, Peekaboo and Soho Baby. Having served as COO in […]
China VC: The Virtuous Circle
By Tim Burroughs China’s VC market is evolving as funds started by or raised from founders of first-generation internet firms. Concerns about conflicts of interest must be addressed, but the influence of their ecosystems will grow. Just over two years ago, Andrew Teoh passed up a role on Chinese e-commerce giant Alibaba Group's […]
