Shenzhen Capital Real Estate Fund

The name 'Shenzhen Capital Real Estate Fund' appears to reference the real estate business line within the broader Shenzhen Capital Group (深创投集团), a state-owned comprehensive investment group. The group's website lists 'real estate business' (不动产业务) as one of its core verticals alongside venture capital, government guidance funds, and public-market operations. No separate legal entity called 'Shenzhen Capital Real Estate Fund' could be confirmed from available public sources.

Shenzhen Capital Group was founded in 1999 and operates under the Shenzhen State-Owned Assets Supervision and Administration Commission (深圳市国资委). The firm's website links to both the Shenzhen municipal government portal and the SASAC, and its leadership page underscores party-building (党建) and corporate social responsibility reporting that aligns with state policy priorities.

It is a multi-asset platform. The group's disclosed business lines include venture capital (risk investment), government guidance funds, public mutual funds through Red Soil Innovation Fund, real estate operations, and asset securitization. Its venture arm spans seed through pre-IPO stages and also participates in PIPEs, buyouts, direct secondaries, and fund-of-funds commitments.

The group states it manages over RMB 560 billion in cumulative assets and has invested in approximately 1,800 companies across its history. No current AUM figure or vintage-by-vintage deployment breakdown is publicly disclosed.

Yes. Through its government guidance fund platform and venture capital operations, the group co-invests alongside commercial general partners. Its fund-of-funds activity and direct investment mandate give it both LP and co-investor exposure to external managers, particularly those aligned with Shenzhen's industrial policy objectives.