Family Offices in China

Full Vision Capital is a private family office that operates as a catalyst for positive change, focusing its investments on smart energy solutions and innovative environmental technologies. The firm is dedicated to shaping a greener and more sustainable future by investing in an expansive portfolio of green-economy ventures. Beyond capital provision, Full Vision Capital acts as an entrepreneur for entrepreneurs, offering insights, advice on industry development, and fostering management transformation. They also guide companies from research and development to production, covering product strategy, team building, supply chain optimization, cost reduction, and marketing.The firm was established by Dr. Peter Lee Ka-kit, who founded this private family office with a strong belief in human ingenuity and the power of impactful investing. Dr. Lee's vision for Full Vision Capital is to be a beacon of hope in addressing pressing environmental challenges by identifying and realizing game-changing ideas and businesses. He emphasizes that true innovation lies at the intersection of technology and impact. While the legal entity "FULL VISION CAPITAL LIMITED" was incorporated in Hong Kong in 2024, the firm's operational philosophy and activities, including incubating companies, are stated to have a history spanning a decade, with its tenth anniversary celebrated in 2024.Full Vision Capital has a proven ability to build and incubate unicorns, helping them achieve significant valuation upside from inception. Their portfolio includes companies that have become top producers of sustainable aviation fuel (SAF), best-in-class energy storage technology companies, and leaders in RISC-V software and hardware. They have also supported a leading smart kitchen solution provider with an 80% market share in Hong Kong and a leading distribution solar operator in Hong Kong. A recent notable investment is leading a USD 300 million Series B+ financing round for EnerVenue, an energy storage tech company. The firm also co-introduced the TERA-Award Smart Energy Innovation Competition in 2021 with Towngas to advance green economy development.The Full Vision Capital team is inspired by Dr. Peter Lee's passion and ambition, pushing boundaries in invention and championing pioneering practices for a better future. The leadership includes Dr. Peter Lee as Principal, Dr. Martin Lee and Dr. Colin Lam as Honorary Chairmen, and Alan Chan as Managing Partner. The team comprises experienced professionals across various functions, including Chief Strategy Officer Andrew Fung, Chief Communications Officer Cynthia Leung, Managing Directors Jerry Hu, Kathy Leung, and Heron Ho, General Counsel Elsa Wong, and several Directors and Vice Presidents. This diverse expertise enables the firm to provide comprehensive support to its portfolio companies.

Mousse Partners is the investment division of Mousse Investments Limited, functioning as the single-family office for the Wertheimer family, who are the owners of the luxury fashion house Chanel. The firm manages a global, diversified portfolio with a long-term investment horizon, allocating capital across both public and private markets. They engage in a broad range of asset classes, including private equity, venture capital, real estate, and credit investments. Mousse Partners values deep and collaborative relationships, partnering with select external investment managers and also investing directly alongside high-quality management teams, entrepreneurs, and other institutional investors.The firm was founded in 1991 by Charles Heilbronn, a Chanel executive and half-brother to Alain and Gérard Wertheimer, the current owners of Chanel. Its primary purpose was to structure and manage the fortunes of the Wertheimer family and Chanel itself. Mousse Partners was originally a subsidiary of Mousse Investments Limited until a merger in December 2018, after which it became the investment division of the holding company.Mousse Partners has made numerous notable investments across various sectors. Its portfolio includes companies such as CAVA, a fast-casual Mediterranean restaurant chain; Whoop, a provider of wearable technology for health and fitness; Tonal, an AI-based digital home gym system; and Brightside Health, a virtual mental healthcare platform. Other significant investments include Epigamia, an online brand of healthy food products; Thirty Madison, a healthcare platform; and Nature's Fynd, a provider of fungi-based dairy products. The firm has seen several of its portfolio companies achieve unicorn status, such as Tonal and Whoop, and has also experienced successful acquisitions and IPOs, including CAVA.The team at Mousse Partners comprises experienced professionals with backgrounds in private equity, venture capital, and investment banking. Key individuals include Charles Heilbronn, the founder and chairman, and Arthur Heilbronn, a managing director. Michael Schultz serves as the Chief Financial Officer, while Megan Bethke is the Managing Director and Head of US/Europe Private Equity Funds. Paul Yun is another Managing Director, co-heading Private Equity and Venture Direct Investing. The firm's investment culture is influenced by the Wertheimer family's extensive experience as operators and owners of Chanel, leading to an emphasis on strong business fundamentals, brand strength, and management quality in their investment evaluations.