Hony Capital

China-focused growth + buyout firm

VC Growth 📍 Beijing, China Founded 2003

AUM

$14B

as of 2026-Q1

MID

Hony Capital was founded in 2003 as the private-equity arm of Lenovo Holdings. Pan-China growth and buyout firm.

Firm Profile

Firm Type

Subtype

Growth

Founded

2003

Beijing, China

Country

China

John Zhao

Stages

Growth · Buyout

Sectors

Consumer · Healthcare · Industrial

VCChinaGrowth

Investor data reflects publicly disclosed AUM, fund sizes, and portfolio holdings as of 2026-Q1. Refreshed periodically.