Founded in 2007, FountainVest Partners is one of the largest private equity funds dedicated to China, with $11 billion of capital under management as of 2022 and offices in Shanghai, Beijing and Hong Kong. Combining the firm's international standard of due diligence and investing best practices with its investment and operations teams' local expertise, FountainVest takes a long-term and disciplined approach to creating value for domestic partners and international investors. It targets industry-leading enterprises with significant growth potential, acquires control of, or takes significant stakes in, leading companies, and focuses on core target sectors (consumer, healthcare, industrial and business services).