Phronesis Group
Phronesis Group is an innovative financial services group with a global perspective.
Phronesis Group is a boutique investment and advisory Group with a value-driven culture and a group of creative investment experts. Based on in-depth understanding on Chinese industries and accurate insights of global capital, Phronesis Group dedicates to provide our global clients with tailor-made solutions to make meaningful, intellectual and innovative investments, along with a long-term, sustainable return.

“Clients, whether government institutions, private firms or international companies, choose to work with Phronesis because they trust our value, creativity and expertise, they know we achieve outsized returns and outcomes by our creative solutions and dedication.”

TONY LIU

President & Chief Investment Officer

“We commit to making investments in mission-oriented businesses and accompany with extraordinary entrepreneurs in their exploits. The tenet of our investment philosophy is to create value, create the future and create prosperity, rather than merely make money.”

ANNA CHEN

Senior Manager

"With the accumulation of our investment models and evolution of investment methodologies, our unique research culture and cutting-edge ideas allow us to systematize and compound our insights over time so that our collective output is greater than that of any individual."

RUI PAN

Investment Manager

Our Value

Rooted in China, Phronesis Group work together to create long-term value for our investors, companies, shareholders, people and family. Value creation and impact are at the center of everything we do.

Our Strategy

Our deep industry expertise, intellectual capital and unique international insight enable us to advance the success of our customers, broaden individual prosperity and accelerate economic progress for all.

Private Equity

Private Equity

Details Private Equity
Asset Management

Asset Management

Details Asset Management
Global Advisory

Global Advisory

Details Global Advisory
Family and Wealth

Family and Wealth

Details Family and Wealth

INSIGHTS

SOEs-style M&A: A New Exit Strategy in China

Most of investment bankers or research analysts concerned China Government will probably take measures “the state advances and the private sector retreats (Guo Jin Min Tui)”, which will incur the FDIs to quit Chinese Market. In Fact, the Chinese state has long heralded a policy to reform the state sector that it calls “mixed-ownership reform,” aiming at encouraging more nonstate shareholders to own stakes in state firms in the hope of making them more competitive. China’s policy choices in the Xi Jinping era have tended to favor SOEs over the private sector, since NPEs are reluctant to play the pioneering role at costly and time-consuming technological upgrading and energy transition which Chinese state advocates consistently in recent years. That indicates there will be more M&A activities among SOEs, among new technology companies or among large NPEs owning heavy assets such as infrastructures, real estates, and new energy industry. We predict that a few M&A launched by Chinese SOEs become a new option of exit strategy in FDIs investment in China Business, provided that the FDIs make investment in the business meeting demand of the SOEs in policy guidance.

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INSIGHTS

Sustainability in Automotive Aftersales

For most consumers, sustainability in the automotive industry has traditionally meant switching from internal-combustion-engine vehicles (ICEVs) to new-energy vehicles (NEVs)—i.e., any of the various types of hybrid, electric, natural gas and fuel-cell vehicles. But achieving true sustainability in the industry would require that consumers and automakers also focus on what happens after the manufacture and sale of the vehicle—particularly during servicing, repairs and end-of-life management, together known as “aftersales”. Why is this important? Because achieving sustainable aftersales requires embedding sustainability across all areas of the value chain—starting with R&D and encompassing manufacturing, servicing and repairs, logistics, pricing and even marketing. Sustainable aftersales is perhaps more important to the consumer than automakers may realize, including in the area of brand loyalty. Furthermore, sustainability is no longer just an option but a business imperative, driven by a variety of factors. For instance, regulatory developments are forcing companies to address greenhouse gas emissions, energy consumption and material waste, while investors are diverting financing from “climate risk” companies to sustainable assets, with investment decisions being driven more and more by ESG criteria.

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INSIGHTS

What Can Synthetic Biology Achieve?

Synthetic biology’s applications in animal and human health are vast, and include improved and novel diagnostics, new production platforms for drugs and vaccines, and precisely tailored therapeutics that even leverage your own cells to fight cancer. Perhaps the most topical of these right now are the mRNA coronavirus vaccines – a novel vaccine technology developed, tested, and delivered within 12 months of the start of the COVID-19 pandemic. Manufacturing can also be transformed through industrial bio-based ‘green’ chemicals, biodegradable plastics and fibres that replace unsustainable petrochemical-based products. Yet these are still early days. Synthetic biology is a relatively new field, discipline, and community – it has only formally been around for a few decades, but has already demonstrated its value and is growing exponentially. Significant public and private investment have driven this growth, and the investments, markets and impacts are projected to only grow. Technological roadmaps and regional strategic plans for synthetic biology have already emerged, along with communities focused on science and technology, technology and culture, business, and finance, and equipping the next generation.

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We partner with the world-class geologist and metallurgist teams to acquire or earn into exploration, mining projects, or projects to develop mines into production. Our preferred entry point are projects that are on completion of exploration work, or already in construction, ramp up or in production, and require capital for expansion and other value accretive activities. Sustainable Infrastructure investment in a portfolio of sustainable infrastructure assets, including wind, solar and battery storage, to meet increasing investor demand that fulfill key ESG objectives.

Phronesis healthcare investment focused on pharmaceutical products and services, diagnostics, medical products, healthcare technology, and digital health companies. Our team provides consistent support to strengthen healthcare companies’ businesses from the start-up period to the listing on the stock exchange.

Our financial services investment is including innovative insurance and insurance-related services, new banking business services, asset and wealth management, financial technology, and special and various finance-related companies. The financial services industry is constantly evolving within various sub-sectors throughout innovation of IT technology to change its industry landscape.

Industry and IoT is including automotive and commercial vehicles, materials products, chemicals, packaging, transportation and logistics services, as well as the innovative IoT software technology or platform. We leverage our deep industry expertise, vast global network, and experienced investment professionals to partner with companies to create value and achieve growth through increased investment and operational improvement.

Our retail and consumer goods investment is including beauty & personal care, food & beverage, restaurants, luxury goods, apparel, consumer products, pet, travel & leisure, education, household products, and music & entertainment.

Our real estate investment team seeks to acquire undermanaged, well-located assets across the Mainland China. In connection with these acquisitions, we build industrial park, retails & entertainments businesses that would activate the underlying properties and ultimately maximize their value by instituting best-in-class management. Post-acquisition, we also invest in the properties to improve them before selling the assets and returning capital to our limited partners. Our “activation of business” investment features stabilized real estate with a long investment horizon and moderate leverage, where we can unlock additional value through focused asset management.

  • 刘襄民
  • 李珂
  • 廖仲敏
  • 潘睿
  • 莫少昆
  • 高玮
  • 陈安娜
  • 赵禹衡
  • 刘康民
  • 曹广华博士
  • 李宏杰
  • 欧江涛
  • 陆炽成
  • Ou
  • 关健成
  • 孙秉昌

We invite people who want to share their philosophy and value with us. Our staff includes not only fund managers, investment bankers, analysts, but also management consultants, economists, technician and business-builders, we believe in an inclusive, collaborative culture where every voice is heard, where people at every level of the firm can develop their skills, make an impact, and build our investment system.

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