According to the latest information filed by the China Securities Investment Fund Industry Association, danming (Shanghai) Private Equity Fund Management Co. , Ltd. (hereafter referred to as“Danming Private Equity”) and Enid Private Equity Fund Management (Beijing) Co. , Ltd. (hereafter referred to as“Enid Private Equity”) recently completed the registration of private equity and venture capital fund managers.
(image: Website of China Securities Investment Fund Industry Association)
It is understood that Danming private placement was established on March 26,2025, registered capital of 21 million yuan, registered and office are located in Jing ‘an District, Shanghai. It is Foreign-Capital Enterprise by True Light Capital Pte.. Ltd. . (light capital) wholly owned.
According to public information, the company was founded in 2021, with its headquarters in Singapore and an office in Shanghai. Unlike Temasek, which invests with its own capital, it operates independently and raises funds from outside. The first tranche of the True Light Fund I, which raised $3.32023 in October, focuses on life sciences, technology, consumer and industrial services in Greater China. Previously, Light Capital has invested in card-saving robots, circular robots, Viagra Biological and other Chinese enterprises.
The 2024 was set up on August 21st with $2m in registered capital and offices in Tongzhou District. The company is wholly owned by US Asset Manager Earnest Partners through Earnest Partners Private Capital LLC.
Based in Atlanta, Earnest Partners has more than $30bn under management and investments in more than 70 markets worldwide. The company has been investing in new infrastructure, AI healthcare, advanced manufacturing and other fields since it was granted QFII in 2012. It has invested in projects such as Yuntian imagination, DeepCare and PDDT semiconductor equipment.