Idg China Capital Fund III Associates L.P.
IDG China Capital Fund III Associates L.P. is an affiliate of IDG Capital, a leading international private equity investment firm with a strong presence in China. IDG Capital was founded in 1993 and manages multiple funds focusing on private equity, venture capital, and alternative assets. With offices worldwide and particular strength in Asia, the firm serves institutional investors, high net worth individuals, and global corporations. The employee count for the overall firm is approximately 400+ as of recent filings. IDG China Capital Fund III specifically is one of the flagship China-focused private equity vehicles managed by IDG Capital, aimed at driving growth of innovative companies in China and abroad.
Investment Strategy
IDG China Capital Fund III invests primarily in high-growth opportunities within China, with a focus on the technology, media, telecommunications, healthcare, and consumer sectors. The fund follows a growth and late-stage private equity approach, aiming to identify market leaders and disruptors, leveraging the firm’s network and industry insights to add value post-investment. The strategy combines capital support with operational expertise, long-term partnerships with entrepreneurs, and global market perspectives, seeking strong returns through both minority and majority equity investments.
Top Holdings
Equity Positions (3)
| Ticker | Security | Weight | Market Value | Shares | Avg Cost | Price | Change (QoQ) |
|---|---|---|---|---|---|---|---|
C CRCL | CIRCLE INTERNET GROUP INC | 95.83% | $2.12B | 11,676,488 | $181.29 | $181.29 | +$2.12B |
P PONY | PONY AI INC | 3.82% | $84.4M | 6,394,257 | $14.35 | $13.20 | +$26.8M |
W WDH | WATERDROP INC | 0.35% | $7.7M | 5,729,041 | $1.18 | $1.35 | -$802.1K |