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Primavera Capital Management LTD

CIK:0001686305
Private Equity
$622M AUM
3 holdings
Grand Cayman, Cayman Islands
Founded:2010
18 employees
Latest filing:Jun 30, 2025

Primavera Capital Management Ltd is a leading investment management firm headquartered in Grand Cayman, Cayman Islands. It is primarily engaged in private equity and asset management, with a focus on Greater China and global growth opportunities. The firm holds significant investments in companies like Yum China Holdings, Xpeng, and Cango. Founded in the early 2010s and led by seasoned professionals including Fred Hu, Primavera serves institutional and sophisticated investors globally, managing multiple large private equity funds.

Investment Strategy

Primavera Capital Management pursues a private equity strategy, focusing on growth and transformational opportunities primarily in Greater China, but also globally. The firm invests in public and private companies across various sectors, seeking high-potential businesses and applying deep industry expertise and active management to drive value and returns. Noteworthy holdings indicate a concentration in consumer, technology, and financial sectors, with a hands-on approach in developing international market leaders.

Top Buys
Y
YUMCYUM CHINA HLDGS INC.
-$88.5M
X
XPEVXPENG INC.
-$9.4M
C
CANGCANGO INC.
+$5.5M
Top Sells
Y
YUMCYUM CHINA HLDGS INC.
-$88.5M
X
XPEVXPENG INC.
-$9.4M
C
CANGCANGO INC.
+$5.5M

Top Holdings

Y
YUMCYUM CHINA HLDGS INC.
+86.5%$538.1M
X
XPEVXPENG INC.
+9.5%$59.1M
C
CANGCANGO INC.
+4.0%$25.0M

Equity Positions (3)

TickerSecurityWeightMarket ValueSharesAvg CostPriceChange (QoQ)
Y
YUMC
YUM CHINA HLDGS INC.86.48%$538.1M12,035,635$26.29$44.71-$88.5M
X
XPEV
XPENG INC.9.50%$59.1M3,306,567$36.51$17.88-$9.4M
C
CANG
CANGO INC.4.02%$25.0M5,154,331$4.50$4.85+$5.5M

Industry Allocation

RETAIL-EATING PLACES
+86.5%
MOTOR VEHICLES & PASSENGER CAR BODIES
+9.5%
SERVICES-PREPACKAGED SOFTWARE
+4.0%