On September 11, the “2020 China LP Conference & The Second Lujiang Venture Capital Forum” hosted by “FOF Weekly” and Xiamen Financial Supervision and Administration Bureau successfully concluded at the Xiamen International Conference Center. As one of the parallel forums of the “2020 Xiamen International Investment and Trade Fair”, the summit brought together many well-known fund of funds, LPs, industry groups, and economists to discuss the soft power of Chinese investment institutions. In order to Recognize the work of those pioneers and representatives of Chinese investment institutions’ soft power, the “Top 100 Chinese Investment Institutions based on Soft Power” list was released for the first time after the summit, and Ehong Capital was awarded Top 10 in social responsibility.
The concept of “soft power” was put forward by Joseph Nye, the former dean of Harvard Kennedy School in the 1990s. It usually refers to the ability to attract, rather than coerce, others through appeal and attraction. In the information age, soft power is becoming more important than ever, especially in the private equity investment industry. The sole reliance on “hard power” can no longer effectively adapt to the new circumstances. Unique investment philosophy, the sense of social responsibility and practices of impact investing, a diverse team, systematic operation, risk control and other “soft power” will become crucial elements to define an investment institution’s core competitiveness. Therefore, the “Top 100 Chinese Investment Institutions based on Soft Power ” list released by FOF Weekly is certainly a milestone in the industry.
As an impact investment pioneer who embraces the ideal of the United Nations’ Sustainable Development Goals, Ehong Capital will continue contributing to mitigating the major challenges we face in the world, especially climate change and demographic changes. As the Chinese sayin goes: “go with the flow, be in time, and be appropriate (顺其性、应其时、得其宜)”, Ehong will engage in focused investments and other non-financial support to those innovative companies that aim to solve environmental and/or social problems on a large scale. Furthermore, Ehong Capital strive to make greater efforts to promote the development of impact investing industry in China, and encourage other investors to join this great movement.
【About Ehong Capital】
Founded in 2007, Ehong Capital is an equity investment institution and early practitioner of impact investing in China. Since its establishment, Ehong Capital has clearly adhered to its social value orientation by not investing in industries or projects with negative impact, and being committed to being a socially responsible investment institution. From 2007 to 2012, Ehong Capital’s investments were mainly concentrated in the sectors of sustainble agriculture, energy & environmental protection, health & elderare, and quality education. Since 2013, Ehong has explored impact investment in accordance with the “double bottom-line” investment principle where sectors and investment themes were selected primarily based on the top-down analysis of social and environmental problems. In 2018, Ehong initiated and established a special impact fund with a charity foundation as its cornerstone LP, focusing on three areas of low-carbon environmental protection, healthy living and quality education. Some of the projects invested by Ehong have successfully exited, achieving competitive financial returns and significant social and environmental value in terms of carbon emission reduction, poverty alleviation, and service to disadvantaged groups.
【About FOF Weekly】
Founded in 2017, FOF Weekly is the first domestic information and service platform for the fund of funds industry. It focuses on relevant data, trends, opinions, influencers, and in-depth reports and interpretations of the fund of funds industry. In addition, it organizes training, workshops, business meetings and industry summits to build an information sharing platform for the industry. To the present, FOF Weekly has covered 1,000 LP institutions and 3,000 GP institutions such as government guidance funds, market-based funds of funds, family offices, and listed companies.
Author: Ehong Capital