glosho'14: investor reverse showcase - donald ye
TRANSCRIPT
Introduction to Tsing Capital- Pioneer & Leader in Cleantech Investment in China
LACI Cleantech Global Showcase
Doing Well by Doing Good ©
Don YeFounding Partner
Oct 6 2014
Photo by Sandy Xu @ Tsing Capital
2
Our Vision
Founded in 2001 on the philosophy of “Doing Well by DoingGood©,” Tsing Capital has since become the global pioneerand leader in environment and cleantech investment. With thevision that sustainability would be a fundamental paradigmshift in human activities and create the greatest economicopportunity of our time, the firm has invested in cleaner andbetter ways of producing and living. As China emerges as thelargest market, Tsing Capital is poised to seek superior returnsfor its investors environmentally, socially, and financially.
3
Pioneer and Leader in China Cleantech Investment
The largest cleantech team in China
Since 2001, the first cleantech fund in China and one of the earliest in
the world
4 USD funds
4
Tsing Capital Has Grown Significantly Over the Past 13 Years
“A visionary leader in cleantech venture investment across Silicon Valley and China with extensive achievements”, Asia Venture Capital Journal
“An evangelist in Chinese cleantech investment”, International Financing
Tsing Capital has been selected by HBS as a case studyBenefits to TC: substantial contribution to management education, value-add to TC development and maintain valuable relations with HBS network
Dominant Player
Pioneer
Mainstream
CEF 2002USD 13M
CEF 2004USD 30M
CEF IIIUSD 228M
Yiyun IRMB 350M
Yiyun IIRMB 350M
Leader
CEF IVUSD 257M
2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012
5
*Proprietary to Tsing Capital.
Clean Economy and Our Focus
Farming
Forestry Husbandry Fishery
Others
Metal Materials
Non-metallic Materials
Composite Materials
Others
EVs
Cleaner ICE
SustainableMaterials
Cleaner ProductCleaner
ProcessWaterAir
Solid Waste
Smart Grid
Building & Lighting
Industrial EE
Renewable Energy
Cleaner Fossil
Others
TsingCapital
Sustainable Agriculture
New Materials
Sustainable Transportation
CleanerProduction
New Energy
Energy Efficiency
Environment Protection
6
World Class Investor Support
Tsing Capital is supported by many of the world’s most prominent organizations in the field of cleantech
DFIs Strategic MNCs
Financial Institutions Family Offices
China Environment Fund Series
7
Tsing Capital’s Value-add to Portfolios
Tsinghua University R&D and policy influence
Tsing Capital value-added
Strengthening corporate governance
Formulate business strategies
Enhance publicity and synergy among portfolio companies
Training by experts in eg, finance, tax, BD, market
LP resources: project financing, strategic partners
Social and environmental system & complianceAdditional financing, future exits
8
Our portfolio
EEMCO永恒能源
Miartech弥亚微
Convertergy康威特吉
Baichuan福建百川
Polyera保尔佳
HYBOLIC
桓宝节能
Jing‐Jin Electric
精进电动Phononic
Enevate
Rayben乐键
9
2008-2013 “CLPA 50 Most Valued GP”, China LP Association “2011 Responsible Investor of the Year Asia”, PE Asia (2012) “10 Companies to Shape the World in 2020”, Sustainable Excellence (2010) #1 of “Top 10 Greentech VC Firm”, ChinaVenture (2010-2012) #1 of “Top 5 Cleantech VC Ranking”, CCIS / SSG Capital (2010) 2008 “Cleantech Leader Award”, Cleantech Group (2009) 2008 “Best Corporate Citizenship Growth”, 21st Century News Group (2008) 2005 “Cleantech Pioneer Award”, Cleantech Group (2006) “2010 China Most Valuable Enterprises Award” No. 7, EZCapital (2010)
“Top 20 Domestic VC Firms of the Year 2010”, Zero2IPO (2010)
2009 “Outstanding Corporate Citizen”, Ministry of Civil Affairs (2009)
2009 “Top 50 GP’s in China”, China Limited Partners Association (2009)
“Top 50 VC Firms of the Year”, Zero2IPO (2003-2012)
“40 China’s Most Powerful People 2009”, BusinessWeek (2010) “2010 China’s Best Venture Capitalist” No. 35, Forbes China (2010)
“2010 Green Person of the Year”, Chinese Esquire (2010)
Top 50 “China’s Best Venture Capitalist”, Forbes China (2009)
“25 Promoters of Business Globalization”, Global Entrepreneur (2009)
“25 Stars of China”, BusinessWeek/China (2009)
Tsin
g C
apita
lD
on Y
e
Tsing Capital and its management are widely recognized across the globe
10
Don Ye: 40 “China’s Most Powerful People 2009”, BusinessWeek
Don Ye: 40 “China’s Most Powerful People 2009”BusinessWeek (Dec 2009)
Mr. Don Ye, the Managing Partner,was selected China’s Most PowerfulPeople 2009 by BusinessWeek forhis pioneering efforts in cleantechventure investment in China. Othernotable people selected includePresident Hu Jintao, Vice-PresidentXi Jinping, Premier Wen Jiabao,Alibaba Founder and CEO Jack Ma,Lenovo Group Chairman LiuChuanzhi and NBA basketball starYao Ming.
11
Sustainable Excellence: Tsing Capital – “10 Companies to Shape the World in 2020”
“ Tsing Capital is the first clean-technology venture capital fund inChina, and it owns the “Doing Well byDoing Good ©” investment philosophy”
Author: Aron Cramer, President and CEO of Business for Social Responsibility (BSR). Published in 2010
12
World Bank President Zoellick: Tsing Capital an example of PE driving growth and change
On May 14th 2012 at IFC’s 14th Annual
Global Private Equity Conference, World
Bank President Robert Zoellick gave Tsing
Capital a glowing mention in his keynote
speech. Tsing Capital was described as a
great success story that “shows how
commercial concerns linked to
environmental and social standards offer
win-win opportunities; it demonstrates
how private equity can be a powerful
driver of growth and change”.
13