The Asia Growth team targets small buyout and late-stage growth capital investments in China, India and Korea.
The Asia Growth team invests behind outstanding entrepreneurs and local management teams to fund high growth companies across a broad range of sectors with a geographic focus on China, India and Korea.
The Asia Growth team deploys a country-specific strategy with an emphasis on acquiring significant minority or majority stakes in private companies with a track record of profitability and a potential for continued growth across industries where Carlyle has deep expertise.
In China, the Asia Growth team focuses on high-growth sectors benefitting from the emergence of affluent Chinese middle class, demographic changes, structural reforms and demand for upgrade across all sectors.
In India, the Asia Growth team focuses on businesses in consumption or export-led sectors with attractive return ratios that benefit from sustained domestic demand for growth and/or India’s skill base and factor cost advantage across services and manufactured products.
In Korea, the Asia Growth team primarily focuses on small-cap buyouts and opportunistically targets minority positions with significant influence in companies with characteristics of strong growth and cash generation.
The regionally integrated team is comprised of seasoned investment professionals, each a local native to his/her respective country, spread across four offices in Beijing, Hong Kong, Mumbai and Seoul. The team's post-investment approach is to be a hands-on, long-term value-adding partner to the portfolio company CEO and senior management, leveraging the One Carlyle global network and resources to accelerate the growth of the portfolio companies through support in areas such as strategy formulation, business development, M&As, global expansion, fundraising, senior management recruitment and IPOs.
The Asia Growth team is currently investing out of Carlyle Asia Growth Partners V, L.P. (CAGP V). . The team is also managing two predecessor funds, the $680 million Carlyle Asia Growth Partners III, L.P. (CAGP III) launched in 2005, and the $1.04 billion Carlyle Asia Growth Partners IV, L.P. (CAGP IV) launched in 2008, for a total assets under management of approximately $1.1 billion.
|Xtep (China) Company Limited||Consumer & Retail||
|Tirumala Milk Products Private Limited||Consumer & Retail||
|East River Biochemical Group||Industrial||
Zhejiang Province , China
|Elitecore Technologies Ltd.||Technology & Business Services||