BHR Partners
Company: BHR Partners
Description: BHR Partners, established in December 2013 within the Shanghai Free Trade Zone, stands as the inaugural cross-border investment private equity firm in the region. Functioning as the cross-border investment arm of Bohai Industrial Investment Fund Management Co., Ltd. (Bohai Capital), BHR Partners has garnered support from a diverse array of sponsors, including Harvest Fund Management Co., Ltd., Ulysses Diversified, Inc., Skaneateles LLC, and Thornton Group LLC. The firm is also backed by a suite of legacy shareholders, including prominent institutions such as Bank of China, China Development Bank Capital, the National Council of Social Security Fund, and China Life Postal Savings Bank, contributing to its robust financial foundation.
Since its inception, BHR Partners has been dedicated to forging strategic partnerships and identifying investment opportunities across various sectors. The firm specializes in cross-border investments, leveraging its affiliation with Bohai Capital and the resources of its legacy shareholders to provide funding and global expertise to its partners. A significant milestone in BHR's investment journey occurred on September 8, 2015, when the firm welcomed Henniges Automotive—a leading global manufacturer and designer of automotive sealing and anti-vibration solutions—into its portfolio. This strategic acquisition, valued at approximately USD 600 million, was realized through a joint venture with AVIC Auto.
In addition to its focus on cross-border investments, BHR Partners actively monitors and engages with investment opportunities stemming from the Chinese government's initiatives aimed at reforming state-owned enterprises (SOEs), as highlighted during the 18th CPC's third plenary sessions. In 2014, BHR made a notable investment of approximately RMB 4 billion in a pilot SOE reform deal, which involved the segregation and capitalization of Sinopec Group's non-oil business into the newly formed Sinopec Marketing Corporation.
BHR Partners also embraces the evolving landscape of alternative investments. In 2015, the firm participated in selected opportunities, which included cornerstone and anchor investments in Hong Kong Stock Exchange listings and limited public offerings, such as those involving China General Nuclear and 3Bio Inc. Furthermore, BHR has engaged in investments in early to growth-stage ventures, including Didi Taxi, positioning itself to diversify its investment portfolio while prioritizing the protection of investor interests.
Throughout its operational history, BHR Partners has achieved several noteworthy milestones. These include the aforementioned investment in the Sinopec SOE reform deal in 2014 and the acquisition of Henniges Automotive in 2015, alongside strategic partner AVIC Auto. Additionally, in 2016, BHR agreed to purchase Lundin Mining Corporation's minority stake in the African copper mine Tenke Fungurume Mining SA for USD 1.14 billion in cash. Lundin held a 30% interest in TF Holdings, which effectively held a 24% stake in the mining operation, currently owned by Freeport-McMoRan Inc., which is in the process of divesting its stake to China Molybdenum Co. for approximately USD 2.65 billion. The mine, located in the Democratic Republic of the Congo, retains a 20% ownership by the local government.
In summary, BHR Partners operates as a key player within the investment management sector, capitalizing on both cross-border investment opportunities and domestic strategic initiatives, while continuously adapting to the dynamic market landscape.
Industry: Investment Management
Domain: http://www.bhrpe.com/
Founded: 2013
Location: Beijing, Beijing
Address: 79 Jianguo RD, Chaoyang District, 3101, Beijing, Beijing 100025, CN
Size: 11-50 employees
Direct Contacts
Name: Huiping Zhou
Title: Managing Partner
Email: Direct Email
Company: BHR Partners
LinkedIn: http://www.linkedin.com/in/zhouhuiping
Phone: +861059695858
Industry: Investment Management
Location: Beijing, China
Name: Hao Yao
Title: Executive Director
Email: Direct Email
Company: BHR Partners
LinkedIn: http://www.linkedin.com/in/yaohao
Phone: +861059695858
Industry: Investment Management
Location: Beijing, China