 | |
Native name | 红杉中国 |
|---|---|
| Formerly | Sequoia Capital China Sequoia China |
| Company type | Private |
| Industry | Venture Capital |
| Founded | 2005 |
| Founders |
|
| Headquarters | Hong Kong |
Key people | Neil Shen (Founding and Managing Partner) |
| AUM | US$56 billion (2023) |
Number of employees | 300 (2023) |
| Website | www |
| Footnotes / references [1][2] | |
HongShan Capital Group (or HSG, Chinese: 红杉中国; pinyin: Hóngshān Zhōngguó) is a Chinese venture capital firm founded in 2005. It was previously the China investment arm of Sequoia Capital (Sequoia) and was known as Sequoia Capital China and Sequoia China before it was rebranded and spun-off as an separate entity.
HongShan is headquartered in Hong Kong with additional offices in Beijing, Shanghai, London, Singapore, and Shenzhen.[3]
In 2022, the firm raised around $9 billion from global institutional investors including sovereign wealth funds, pensions, endowment funds and family offices from the US, Europe, the Middle East and Southeast Asia.[4]
HongShan has expanded its focus over the years beyond early-stage investing to also cover growth stage, infrastructure, healthcare and consumer, and buyout funds. The firm manages around $56 billion in assets.[4]
- ^ "Sequoia China Rebranding Is High-Stakes Leadership Test". Bloomberg.com. 9 November 2023. Archived from the original on 9 November 2023. Retrieved 18 November 2023.
- ^ McMorrow, Ryan; Olcott, Eleanor; Wiggins, Kaye; Hammond, George (9 June 2023). "Neil Shen goes it alone in China after Sequoia split". Financial Times. Archived from the original on 18 January 2024. Retrieved 18 November 2023.
- ^ "FORM ADV for HONGSHAN CAPITAL ADVISORS LIMITED" (PDF). Securities & Futures Commission of Hong Kong.
- ^ a b "Sequoia Splits Into Three Firms Amid Geopolitical Tension". Bloomberg. Retrieved 6 June 2023.