ROWAYTON, Conn., Aug. 3, 2015 /PRNewswire/ — Eaton Partners (“Eaton”), the largest independent, partner-owned, global fund placement agent, is pleased to have served as the exclusive placement agent for CDIB Capital Asia Partners L.P. (the “Fund”) with $405 million in commitments from long-term institutional investors. The fund is run by CDIB Capital International Corporation (“CDIB Capital”), the international private equity arm of China Development Financial (“CDF”).
Based in Hong Kong, CDIB Capital has a strong track record of executing its “China-Plus” strategy, which capitalizes on the continued growth momentum of China as well as the broader Asia Pacific and China cross-border growth, while mitigating risks associated with investing solely in Mainland China. The Fund will provide expansion capital and operational expertise to companies that are well positioned to capture visible China cross-border “inbound” or “outbound” growth and unlock inefficiencies. The Fund is managed by a veteran team led by Paul Yang, Chairman of CDIB Capital and President and CEO of CDF, and Lionel de Saint-Exupery, President and CEO of CDIB Capital, who have executed this strategy since starting CDIB Capital in 2006.
The fund received significant investments from leading fund-of-funds, family offices, sovereign wealth funds, insurance companies, and corporations. It represents the fourth Asia-focused fund that Eaton has served as exclusive placement agent on this year.
“CDIB stood out for the continuity of its partnership, proven ability to return capital, and strong performance relative to peers,” said Chris Lerner, Partner in Eaton’s Shanghai offices. “We are proud but not surprised by their success.”
About Eaton Partners
Founded in 1983, Eaton Partners is the oldest, largest and most experienced fund placement agent in the world, having raised more than $66 billion across 86 highly differentiated funds. With over 60 professionals across offices in North America, Europe and Asia, the firm raises institutional capital for investment managers across a full range of alternative strategies – private equity, real assets, real estate and hedge funds/public market strategies. Eaton Partners is currently in the market with funds whose strategies include: private equity, sector-specific and general buyout, real estate, energy, agriculture, growth equity, opportunistic credit/special situations/distressed, event driven, long/short equity, midstream and MLPs, and emerging markets equity. Partnering with a select number of the highest-quality fund managers, Eaton Partners has represented some of the most innovative funds of the last three decades. With extensive institutional relationships, deep sector knowledge, fresh insights and a partner-driven approach, Eaton Partners is dedicated to every client’s success.
Eaton Partners, LLC, is a Registered Broker-Dealer and a member of FINRA and is also registered as an Introducing Broker with the Commodity Futures Trading Commission and member of the National Futures Association (NFA). Eaton Partners (UK) LLP is authorized and regulated by the Financial Conduct Authority (FCA). Eaton Partners Advisors (HK) Limited is approved as a Type 1 License company under the Securities and Futures Commission (SFC) in Hong Kong. Eaton Partners and the Eaton partners logo are trademarks of Eaton Partners, LLC, a limited liability company ® Eaton Partners, LLC, 2015. To learn more, please visit www.eatonpartnersllc.com.
About CDIB Capital International Corporation
CDIB Capital is the overseas direct investment affiliate of CDF, a leading publicly-listed financial institution in the Asia-Pacific region with over 50 years of investing experience. Benefiting from CDF’s five decades of private equity experience and its extensive resources and networks in Greater China, CDIB Capital developed the “China-Plus” strategy over the past 8 years managing CDF’s proprietary capital.
CDIB Capital has been investing in Asia since its formation in 2006, and has a team of 27 professionals and offices in Hong Kong, Shanghai, Taipei, Seoul, and San Francisco.
For more information, please contact:
Dukas Public Relations
SOURCE Eaton Partners