# Hunan Chasing Fund Management

Hunan Chasing Fund Management is a Private Equity based in Changsha, China.

## Overview

- **Organization type:** Private Equity
- **Headquarters:** Changsha, China
- **Region:** Asia
- **Address:** Changsha, Hunan, China
- **Founded:** 2001
- **Assets under management:** $10B - $50B (Altss estimate)
- **Website:** fund.hnchasing.com

## Regulatory record

- **Reports private funds:** No

## About

Hunan Chasing Fund Management is a private equity firm based in Changsha, China. It focuses on a Growth strategy. The firm manages around $17.5 billion in assets, with $640.06 million in available capital.

## Sectors

- Infrastructure
- Energy Transition & Renewables
- Mobility & Transportation
- Healthcare Services
- AI/ML

## Questions

### How is the firm structured across its investment activities?

The firm operates three parallel lines: the Hunan Jin Furong Industrial Guidance Fund (a policy-driven fund-of-funds that seeds sector-specific sub-funds), a market-oriented arm that makes direct equity investments and co-investments, and a major-project financing window that provides tailored capital to strategic provincial initiatives. This hybrid structure means it acts as both an LP seeding external managers and a direct participant in deals.

### What investment stages does Hunan Chasing Fund Management target?

The firm covers the full lifecycle across its vehicles — from early-stage venture and start-up equity through growth, expansion, and late-stage buyouts. The Jin Furong guidance fund primarily anchors seed and early-stage sector funds, while the market-oriented arm pursues later-stage direct deals. Detailed stage mandates vary per sub-fund.

### Does the firm co-invest alongside external managers?

Yes. The firm regularly co-sponsors sub-funds with external general partners. Recent examples include an intelligent new-energy vehicle fund launched with Shanghai Shangqi Investment Management and a medical-device fund co-managed with Changsha Shengwei Rongquan Venture Capital. These partnerships extend the firm’s reach beyond Hunan when supply chains require it.

### What is the scale of Hunan Chasing Fund Management today?

As of December 2025, the firm directly managed 38 funds with CNY 78.08 billion in AUM. Total managed and co-managed fund scale exceeded CNY 150 billion. Its registered capital stands at CNY 69.28 billion, making it one of the most heavily capitalized provincial-level PE platforms in China.

## Related profiles

- [Hull Street Energy](https://altss.com/profile/hull-street-energy)
- [Hunter Street Partners](https://altss.com/profile/hunter-street-partners)

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Last updated: 2026-07-11T02:24:29.000Z

Canonical page: https://altss.com/profile/hunan-chasing-fund-management

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