New Hope Group

The firm's investment team blends executives from the parent conglomerate with external private equity professionals. Liu Yonghao, the group's founder, exerts ultimate strategic influence as the controlling shareholder of the parent company. Day-to-day investment committee composition has not been publicly detailed.

Sourcing is anchored in the parent company's dominant position in China's animal feed and pork production industries. Operating relationships with thousands of farmers, food processors, and distributors across the supply chain surface investment opportunities before they reach broad auction processes. This operational adjacency is the firm's primary origination edge.

Capital is drawn from the parent conglomerate's industrial balance sheet — built on decades of agribusiness profits — and from external limited partners. The precise split between proprietary and third-party capital has not been publicly disclosed, nor has the firm published a formal AUM figure.

The firm invests across the full spectrum: seed-stage agricultural technology ventures, early-stage food-tech startups, growth equity in established food brands and distribution platforms, and control buyouts in industrial sectors adjacent to the parent's operations. This mandate breadth is unusual for a single platform.

The firm's primary focus is domestic China, consistent with the parent company's core operations. There is some Southeast Asia exposure tied to the conglomerate's regional feed and farming expansion, but the private equity platform's activity outside mainland China has been limited in public record.