GSR Capital Announces the Formation of a $5 Billion Mergers and Acquisitions Fund-GSR Global M&A Fund

HONG KONG, July 27, 2015 /PRNewswire/ --

Fund Will Focus on Cross-Border Buyout Opportunities and M&A of Target Companies 

GSR Capital, a leading technology investment house based in Hong Kong, Beijing and Palo Alto, with investment products in early stage VC, RMB Funds & GSR GO Scale Capital growth fund, today announces the launch of a new mergers and acquisitions (M&A) fund of $5 Billion USD. The fund is targeting cross-border buyouts and M&A of industrial and emerging technology companies with multi-billion dollar scaling opportunities in China.

The GSR Global M&A fund is anchored with $1 Billion USD committed from GSR GO Scale Capital Limited Partners and institutional investors. The fund will be managed by GSR GO Scale Capital Advisor Ltd., the management company of the GSR GO Scale Capital Growth Fund, and intends to work closely with Good Resources Holdings Limited (HKEX: 00109) on management of all M&A deals with leverage of financial instruments, including co-investments from the global capital market. The fund will be managed by a team of industry leaders led by Sonny Wu, the Co-founder of GSR Ventures and Chairman of GSR Capital.

The global M&A market has seen continuous growth with the total transaction value in 2014 exceeding $3.5 trillion USD. GSR Global M&A Fund, as one of the very few large-scale buyout funds in China, will target international investment opportunities in qualified leading enterprises in sectors including clean energy, bio-pharmaceutics and life sciences, bulk commodity investment, traditional and internet finance, wireless communication, and cultural industry.

"Our new fund will either buy-out or acquire a minority stake in target enterprises through a combination of equity and leveraged debt; and then we will create value for them by converging China and global resources, adopting cross-border and technical arbitrage and eventually realizing the capital gains through IPO or M&A exits," said Sonny Wu, Co-founder of GSR Ventures and Chairman of GSR Capital.

"As one of the founders of the Trinity Group along with Ambassador Ford Fraker, we have had the great privilege to work with some of the most successful global buyout groups over the last twenty years. It is our strong belief that having worked with Sonny Wu, GSR GO Scale Capital for the last 2 years and recently Good Resources Holdings (HKEX：00109), we have witnessed the emergence of a world-class team of both investment professionals and operating partners. GSR GO Scale Capital, its partners and affiliates are on track to become one of the most outstanding and auspicious buyout groups of their generation and region," said Edward Frazer, Founder and CEO of Trinity Limited, a U.K. based private investment banking firm.