# SIIC CGP S Fund

SIIC CGP S Fund is a Secondary based in Beijing, China.

## Overview

- **Organization type:** Secondary
- **Headquarters:** Beijing, China
- **Region:** Asia
- **Address:** Beijing, China
- **Founded:** 2010
- **Assets under management:** Undisclosed
- **Website:** http://www.cgpinvestment.com

## Regulatory record

- **Reports private funds:** No

## About

SIIC CGP S Fund is a secondary fund of funds manager based in Beijing, China. It manages approximately $202.55 million in assets and has $23.33 million in dry powder. The firm has 16 staff, including 9 investment professionals.

## Sectors

- Secondaries & Special Situations
- Private Equity
- Venture Capital
- Buyout
- Growth Equity

## Questions

### What is the relationship between SIIC CGP S Fund and Shanghai Industrial Investment?

Shanghai Industrial Investment (Holdings) Co., Ltd. (SIIC) is a state-owned conglomerate based in Shanghai and acts as the primary sponsor and anchor investor behind the SIIC CGP S Fund. The fund leverages SIIC's institutional capital base and government relationships while relying on CGP Capital for investment management and deal execution. This structure gives the vehicle the posture of a state-backed liquidity provider in the secondary market.

### Does SIIC CGP S Fund invest globally or only in China?

The fund's investment mandate is concentrated on Greater China, focusing on Renminbi-denominated fund interests and portfolios held by domestic Chinese general partners. It has not publicly indicated a mandate for US dollar-denominated or international secondaries, which distinguishes it from global secondary firms.

### What types of secondary transactions does the fund pursue?

SIIC CGP S Fund targets traditional LP stake sales, tail-end portfolio acquisitions, and structured secondary transactions. It can also evaluate direct co-investment opportunities that arise alongside secondary purchases. The breadth of its mandate allows it to provide tailored liquidity solutions to selling limited partners in China's private fund market.

### How does SIIC CGP S Fund source deal flow?

Deal flow is sourced primarily through SIIC's network of institutional relationships in China's state-capital ecosystem and CGP Capital's direct connections to domestic general partners. The fund's state-backed identity gives it preferential access to onshore sellers who value transaction certainty and regulatory alignment, which can close transactions faster than foreign secondary buyers.

## Related profiles

- [Jawar Al Ihsan Holding Company](https://altss.com/profile/jawar-al-ihsan-holding-company)
- [Mader & Shannon Wealth Management](https://altss.com/profile/mader-and-shannon-wealth-management)

---

Last updated: 2026-06-03T20:00:00.000Z

Canonical page: https://altss.com/profile/siic-cgp-s-fund

Maintained by Altss — https://altss.com — methodology: https://altss.com/methodology