
CMC Capital Group
Description
CMC Capital Group, also widely recognized as CMC Capital Partners, is a prominent alternative investment management firm headquartered in Shanghai, China. Founded by the influential media mogul Li Ruigang, the firm initially established its reputation through strategic investments and deep industry expertise within the media and entertainment sectors. Over time, CMC Capital has significantly expanded its investment focus to encompass a broader range of industries, including technology, consumer, and healthcare, reflecting the dynamic evolution of the Chinese economy.
The firm manages a substantial capital base, overseeing both USD and RMB-denominated funds. Its total assets under management (AUM) are reported to exceed an impressive $20 billion, solidifying its position as one of China's most impactful investment houses. CMC Capital employs a value-driven investment philosophy, targeting companies with robust growth potential and innovative business models, often acquiring significant minority stakes in its portfolio companies.
CMC Capital typically invests across various stages, from growth equity to pre-IPO and public market opportunities, demonstrating considerable flexibility in its investment approach. Its distinguished portfolio includes high-profile companies such as ByteDance (the parent company of TikTok), Kuaishou, Bilibili, and IMAX China, underscoring its capacity to identify and back market leaders. The firm's second dollar-denominated fund, for instance, successfully raised $600 million, highlighting strong investor confidence in its strategic vision and execution capabilities.
Beyond providing capital, CMC Capital is known for offering strategic guidance and leveraging its extensive industry network to support the growth and expansion of its portfolio companies, particularly within the complex and competitive Chinese market. The firm's long-term perspective and adeptness at navigating regulatory and market complexities have cemented its reputation as a preferred partner for entrepreneurs aiming to scale their ventures.
Investor Profile
CMC Capital Group has backed more than 27 startups, with 1 new investments in the last 12 months alone. The firm has led 10 rounds, about 37% of its total and boasts 15 exits across its portfolio.
Investment Focus Highlights
- Concentrates on Series C, Series A, Series B rounds (top funding stages).
- Majority of deals are located in China, United States, Togo.
- Strong thematic focus on Apps, Education, Software.
- Typical check size: $15M – $150M.
Stage Focus
- Series C (30%)
- Series A (26%)
- Series B (22%)
- Series D (11%)
- Series F (4%)
- Angel (4%)
- Series E (4%)
Country Focus
- China (81%)
- United States (15%)
- Togo (4%)
Industry Focus
- Apps
- Education
- Software
- Artificial Intelligence (Ai)
- E-commerce
- Video
- Media And Entertainment
- Real Estate
- Content
- Virtual Reality
Frequently Asked Questions
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