Germany and Capital Shaw: VC, PE military time has come

Speaking of the German capital, we have to mention Wuxi Suntech Solar Power Co., Ltd. This landmark investment case has become the "label" of the German capital.　　Yesterday, Shaw, founder partner of Germany and capital, said in the 2009 China Venture Investment and private equity forum that future investment in clean energy and clean technology, including investment in new energy vehicles, would be increased.　　The first one to eat crabs from the end of 1999 to prepare the first fund-Dragontech venture, to the current management of nearly 500 million U.S. dollars, ten years, Shaw led by the team to manage the funds increased by nearly 7 times times, including 250 million yuan in Germany with the Yangtze River Delta Fund. Looking back over the 10 years of change, Shaw feeling quite deep, "should say that the past ten years is entirely stones, the middle of a lot of setbacks, while the formation of a group of venture investment institutions, now many have disappeared, and survived, the entire venture, also on 10."　　"From the successful investment in Wuxi Suntech, to the first Test water Yuan VC Fund, Germany and the capital became the first crab-eating people."　　At that time, many private equity, the domestic fund for the renminbi related policies and regulations are not perfect, easy to step on the "mine." "Since it is the first person to eat crabs, difficulties are unavoidable."　　Shaw said that the German capital is not a purely domestic renminbi fund, so there are some restrictions on development. "Originally as a renminbi fund, can be approved by the relevant departments to get a whole renminbi investment quota, do not have to go through the approval of each pen, but we are Sino-foreign joint venture renminbi fund, so each pen or to check." "Shaw said.　　In addition, they will be subject to a number of constraints in the direction and field of investment. "If a purely domestic renminbi fund is made, it will require 100% at home, because the domestic market is not so broad that it may also encounter financing difficulties." But now we can finance abroad, so there is not much difficulty in financing. "To invest in new energy investments," said Shaw, with a bit of pride in the initial review of the Wuxi Suntech Project, and told the reporter's investment details at the time. At that time, Wuxi Suntech's financing demand is 60 million U.S. dollars, and dragontech the whole plate only 66 million dollars, Suntech wanted to make the plate bigger, so Shaw began to find other institutions joint investment. Shaw the first to find Carlyle, but the result is that Carlyle has held a number of meetings, feel still unclear prospects, so did not pass. Shaw later found Goldman Sachs and Goldman Sachs also invested, but the investment quota was too small.　　In the end, it is the 66 million dollars of the venture of the Dragon division that laid a solid foundation for the establishment of the Fund. Industry insiders believe that the success of the Shaw team, based on its industry development and policy of meticulous observation and research.　　According to Shaw, at that time the domestic industry in the embryonic stage, so they are in the European Union countries to conduct research, research report good copies. Shaw revealed that the current investment in Germany and the capital of three: clean technology, the upgrading of traditional industries and technology innovation or model innovationConsumer goods and services. "Our investment in clean energy, clean technology industry accounted for a large proportion, I think the national and local governments to support the new energy policy will not change." "Shaw seems very firm.　　[Page] "Military" time has come according to Chingko 9th released data, two quarters of domestic venture capital and private equity market showed signs of recovery.　　Shaw also admits that he has felt that investment is heating up from the current intensity of competition in the project. "No matter whether the economic recovery is V-or W-shaped, there is confidence in the economic recovery."　　"Shaw said. The so-called Ching, Newbing, when the market is bad Bing, when the market is a good time is the military. Shaw said last year that German capital had recruited a large pool of talent from Goldman Sachs, Citigroup and Wharton as middle-level investment managers and had been training them. "Now is the time for military troops.　　"From his tone, the reporter sniffed the smell of sharpening. Reporter learned that the second half, Germany and capital investment at least 4 companies have been in the preparatory stage of the IPO, including Chongqing Chuan instrument, Zhong hang Huiteng wind Power Equipment Co., Ltd. Two companies are actively preparing for the listing of H-shares. Two companies in Hong Kong are also awaiting approval from relevant departments.