# Zhuhai Development & Investment Fund

Zhuhai Development & Investment Fund is a Private Equity based in Beijing, China.

## Overview

- **Organization type:** Private Equity
- **Headquarters:** Beijing, China
- **Region:** Asia
- **Address:** Zhuhai, Guangdong, China
- **Founded:** 2017
- **Assets under management:** Undisclosed
- **Website:** www.zhuhaifund.com
- **LinkedIn:** https://www.linkedin.com/company/zhuhaifund

## About

Zhuhai Development & Investment Fund was established as a government-guided investment vehicle to support economic development and industrial upgrading within the Zhuhai Special Economic Zone. Its formation reflects a broader pattern across Chinese municipalities, where local governments create dedicated funds to attract technology, manufacturing, and infrastructure projects into their jurisdictions. The firm deploys capital through a dual structure: direct equity investments in key enterprises and fund-of-funds commitments to external private equity managers. This hybrid model allows the fund to maintain strategic control over priority projects while gaining exposure to a diversified portfolio of growth-stage companies. Geographic focus centers on the Guangdong-Hong Kong-Macao Greater Bay Area, with investments spanning advanced manufacturing, biomedicine, and information technology. The fund is known to participate alongside other state-owned capital and provincial guidance funds. As a municipal-level investment platform, the fund operates under the oversight of the Zhuhai State-owned Assets Supervision and Administration Commission. Its scale and specific deployment figures are not publicly disclosed, consistent with the limited transparency typical of regional Chinese government funds. The fund coordinates with other municipal entities, including Zhuhai Huafa Group and Gree Group, forming part of a coordinated state-capital ecosystem designed to execute industrial policy. The fund's structural differentiator lies in its explicit mandate to serve as a policy instrument rather than a purely commercial investor. Unlike autonomous family offices or independent asset managers, its investment decisions are calibrated to municipal economic targets — prioritizing anchor projects that can attract supply chains, talent, and complementary businesses to Zhuhai's special economic zone. This embedded purpose shapes everything from sector selection to holding periods.

## Questions

### How does the fund source its investment opportunities?

Sourcing relies heavily on policy directives and municipal government relationships. The fund targets enterprises aligned with Zhuhai's designated strategic industries and economic development plans. It also builds pipelines through its fund-of-funds relationships, gaining access to deal flow from partner private equity managers operating across the Greater Bay Area.

### What is the fund's relationship with other Zhuhai state-owned entities?

It operates within a coordinated ecosystem of state-backed enterprises under the Zhuhai municipal government. Entities such as Zhuhai Huafa Group and Gree Group also execute industrial and urban development mandates. The fund complements these operating companies by providing equity capital and facilitating external investment partnerships that serve municipal policy goals.

### What sectors does the fund explicitly prioritize?

Public records and typical profiles of comparable municipal funds indicate a focus on advanced manufacturing, biomedicine, and information technology. Zhuhai has designated these as pillar industries for its special economic zone. The fund also invests in infrastructure and urban development projects that support industrial park construction and talent attraction.

## Related profiles

- [Zhuchi Yunding Capital](https://altss.com/profile/zhuchi-yunding-capital)
- [Zhuhai Sherpa Equity Investment Management Company](https://altss.com/profile/zhuhai-sherpa-equity-investment-management-company)

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

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