Private Equity

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Yuntouhang Capital

Cloud Investment Bank Capital Management Company (CIBCM), also known as 云投行资本管理公司, is a private equity investment management institution in Shenzhen, China...

Yuntouhang Capital

Cloud Investment Bank Capital Management Company (CIBCM), also known as 云投行资本管理公司, is a private equity investment management institution in Shenzhen, China specializing in managing overseas funds. It holds QFLP qualification to raise overseas capital, establish foreign-invested equity funds in China, and invest in domestic enterprises. The firm manages two QFLP funds and provides investment management services for international capital in Chinese equity and venture capital.

General information

Firm type

Private Equity

Year founded

2016

Location

Region

Asia

Country

China

City

Shenzhen

Corporate office

Shenzhen, China

Frequently asked questions

Does Yuntouhang Capital disclose its assets under management?

No. Yuntouhang Capital has not publicly disclosed assets under management or fund sizes. Many Chinese private equity firms — particularly those below the RMB 10 billion threshold — operate without the LP transparency norms common in North American and European markets. The absence of public AUM does not indicate absence of capital deployment, but it does limit external allocators' ability to size the firm's market position.

What is the regulatory environment for a firm like Yuntouhang Capital?

As a Shenzhen-based private equity firm, Yuntouhang Capital operates under the oversight of the China Securities Regulatory Commission and must register with the Asset Management Association of China. Seed-stage investors in China face evolving regulations around qualified investor thresholds, cross-border capital flows under QFLP programs, and sector-specific restrictions tied to China's national security priorities. Shenzhen's Qianhai special economic zone offers a somewhat more permissive regulatory sandbox than other mainland jurisdictions.

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