Company lists · Data refreshed September 2026

Top 19 Private equity firms focused on business services based in China

RevenueBase identified 186 private equity firms focused on business services headquartered in China as of September 2026 and tracks 1,871 professional contacts across them, including 98 with verified work emails. Shanghai is the largest hub.

This list covers private equity firms focused on business services headquartered in China, matched on what each company actually does as described in its own words. Ranked by team size, largest first. Every row shows the company's own description, its RevenueBase Smart Search rating, and when it was last checked. Data refreshed September 29, 2026.

Published by RevenueBase, a B2B data infrastructure company. This list was built with RevenueBase Smart Search, the natural-language company search RevenueBase customers use to build their own targeted lists and unlock verified emails and direct dials at the companies on them. How these lists are built and judged.

How to read this list HQ checked on every row RevenueBase Smart Search rating on every row Refreshed Sep 29, 2026 86% judged on-target in blind review
186Companies
1,871Contacts tracked
98Verified emails
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The 19 largest private equity firms focused on business services based in China

Ranked by team size
Top 19 of 186 private equity firms focused on business services based in China, ranked by team size, largest first. Data refreshed Sep 29, 2026. RevenueBase Smart Search rates how each company's information relates to private equity firms focused on business services: strong evidence (its own description names it), partial (names part of it), indirect (matched on the rest of its profile rather than the description shown). Click a contact count to view that company's people.
#CompanyRevenueBase Smart SearchHeadquartersEmployeesContacts
1Indirect evidenceBeijing, ChinaHQ checked Sep 29, 202651-200264 contacts →

Indirect evidence

“CPE is an alternative asset manager with extensive China experience and, at the same time, an international perspective.”

Source: RevenueBase Database · checked Sep 29, 2026
2Strong evidenceBeijing, ChinaHQ checked Sep 29, 202611-5037 contacts →

Strong evidence

“DCP Capital is an international private equity firm that focuses on opportunities in Asia.”

Source: RevenueBase Database · checked Sep 29, 2026
3Partial evidenceShanghai, ChinaHQ checked Sep 29, 202651-20036 contacts →

Partial evidence

“HighLight Capital (HLC) is a private investment firm dedicated to creating long-term values through promoting technology innovations.”

Source: RevenueBase Database · checked Sep 29, 2026
4Indirect evidence上海, ChinaHQ checked Sep 29, 202611-5033 contacts →

Indirect evidence

“The only leading boutique investment bank founded by Top-tier PE investment professionals.”

Source: RevenueBase Database · checked Sep 29, 2026
5Indirect evidenceBeijing, ChinaHQ checked Sep 29, 202651-20028 contacts →

Indirect evidence

Source: RevenueBase Database · checked Sep 29, 2026
6Strong evidenceBeijing, ChinaHQ checked Sep 29, 202611-5025 contacts →

Strong evidence

“GL Capital is a leading investment firm focused exclusively on healthcare, founded in 2010 by Jeffrey Li, the former Country President and CEO of Novartis China.”

Source: RevenueBase Database · checked Sep 29, 2026
7Strong evidenceShanghai, ChinaHQ checked Sep 29, 202611-5021 contacts →

Strong evidence

“Lunar is a Shanghai-based private equity manager investing in mid-sized Chinese consumer buyouts.”

Source: RevenueBase Database · checked Sep 29, 2026
8Indirect evidence北京市, ChinaHQ checked Sep 29, 202651-20021 contacts →

Indirect evidence

Source: RevenueBase Database · checked Sep 29, 2026
9Strong evidenceShanghai, ChinaHQ checked Sep 29, 202611-5019 contacts →

Strong evidence

“Ocean Link is a private equity firm with a focus on Asia's consumer, travel, tech and financial service sectors.”

Source: RevenueBase Database · checked Sep 29, 2026
10Strong evidence北京, ChinaHQ checked Sep 29, 202611-5019 contacts →

Strong evidence

“Established in 2010 and with offices in Beijing, Shanghai, Chengdu, Hong Kong and Tokyo, Hosen Capital is a leading private equity firm focused on buyout and growth opportunities…”

Source: RevenueBase Database · checked Sep 29, 2026
11Indirect evidenceShanghai, ChinaHQ checked Sep 29, 202611-5019 contacts →

Indirect evidence

“TZG Partners is a Shanghai-based firm that builds and invests in high-growth businesses, challenging and redefining industry norms.”

Source: RevenueBase Database · checked Sep 29, 2026
12Strong evidenceBeijing, ChinaHQ checked Sep 29, 202651-20017 contacts →

Strong evidence

“LehmanBush is a mid-market merchant banking, private equity, and strategic advisory services organization with a worldwide reach.”

Source: RevenueBase Database · checked Sep 29, 2026
13Partial evidenceShanghai, ChinaHQ checked Sep 29, 202611-5015 contacts →

Partial evidence

“M31 Capital, a growth equity firm backed by world class investors, seeks to invest in next generation growth leaders and create tangible value by taking a proactive role.”

Source: RevenueBase Database · checked Sep 29, 2026
14Strong evidenceShanghai, ChinaHQ checked Sep 29, 202611-5013 contacts →

Strong evidence

“Jade Invest is an independent private equity investment management firm engaged in control investments in privately owned businesses with significant growth potential in China and…”

Source: RevenueBase Database · checked Sep 29, 2026
15Strong evidence北京市, ChinaHQ checked Sep 29, 202611-5011 contacts →

Strong evidence

“Founded in 2017, Starquest Capital is a newly established investment firm sponsored by China National Venture Capital Fund and Sequoia Capital, focusing on private equity and fund…”

Source: RevenueBase Database · checked Sep 29, 2026
16Strong evidenceBeijing, ChinaHQ checked Sep 29, 20261-107 contacts →

Strong evidence

“HAO Capital is a China-focused Private Equity firm with offices in Beijing and Hong Kong.”

Source: RevenueBase Database · checked Sep 29, 2026
17Strong evidenceChinaHQ checked Sep 29, 202611-506 contacts →

Strong evidence

“FC Capital is a China-based bio-medical focused private equity firm specializing in global healthcare investments; With an emphasis in investing in early stage development and…”

Source: RevenueBase Database · checked Sep 29, 2026
18Strong evidenceShanghai, ChinaHQ checked Sep 29, 202611-505 contacts →

Strong evidence

“Established in 2015, EverYi Capital is a consumer-focused private equity firm with locations in Shanghai, Hong Kong, Taipei and Singapore.”

Source: RevenueBase Database · checked Sep 29, 2026
19Partial evidenceShanghai, ChinaHQ checked Sep 29, 202611-504 contacts →

Partial evidence

“Element Asia Capital (EAC) is a financial advisory firm providing M&A, private placement, and liquidity & transaction strategy solutions for middle-market businesses and…”

Source: RevenueBase Database · checked Sep 29, 2026

Showing 19 of 186 private equity firms focused on business services based in China

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Private equity firms focused on business services based in China at a glance

As of Sep 29, 2026
5.2%Verified-email coverage
10.1Average contacts per company
11-50Median size (employees)
14.0%Largest-city concentration · Shanghai
Sep 29, 2026Page data refreshed

Companies by employee count

1-10
52
11-50
101
51-200
28
201-500
3
501-1,000
1
10001+
1

Email recency for this list is measured worldwide rather than for China, so it is reported there. Company counts and contact totals on this page are exact for China, over 186 companies.

How this list was built

Company categories are rarely black and white. RevenueBase reads each company's own description of its business to decide whether it belongs among private equity firms focused on business services, so some rows will be adjacent to the category rather than pure plays. The description and RevenueBase Smart Search rating on every row are there so you can check each match yourself.

Source
The RevenueBase company graph: 60 million companies and 398.9 million professional contacts resolved from primary sources, queried with RevenueBase Smart Search, the natural-language company search available to every RevenueBase user.
What qualifies
Companies headquartered in China whose own description of what they do matches “private equity firms focused on business services”. Matching reads each company's description, not its industry code or its name.
RevenueBase Smart Search
RevenueBase Smart Search is how this list is assembled and how each row is rated. RevenueBase's data engine and AI assess a company's LinkedIn profile, information supplied directly by the company, its website and other publicly available information, then relate it to a category defined in a user's own words. Each row is rated strong evidence (its own description names private equity firms focused on business services), partial evidence (it names part of the category) or indirect evidence (the description shown names none of it and the match rests on the rest of the company's profile). The description supporting each rating is quoted on the row.
What we exclude
Companies whose own description does not clearly place them among private equity firms focused on business services, and records with no verified work email. Companies headquartered outside China are excluded even when they keep an office there.
Match quality
In blind human judging of this matching method, 86% of matched companies were on target. Expect roughly 1 in 7 rows to be adjacent to the category rather than a pure play. Every row shows the company's own description and its RevenueBase Smart Search rating so you can judge each match yourself. Read the full methodology: how the lists are built, how the judging worked, and what the figure means.
Ranking
Team size, largest first: companies are ordered by the number of professionals RevenueBase tracks at each one. Employee ranges shown are reported bands, for context.
Verification
Every listed company carries at least one verified work email, 98 across the full list. Contacts re-verify on a rolling cadence, and each contact's own verification date is shown inside RevenueBase.
Refresh
This page's figures were pulled from the company graph on September 29, 2026. Lists refresh periodically as the graph is re-checked.
Corrections
Wrong category, wrong headquarters, or a company that has closed? Use “Report an issue” on any row. Reports go to the RevenueBase Data Team and feed back into the company graph.

Frequently asked

What is RevenueBase Smart Search?

RevenueBase Smart Search is how RevenueBase decides which companies belong on this list and how strongly each one fits. Its data engine and AI assess a company's LinkedIn profile, information supplied directly by the company, its website and other publicly available information, then relate it to the category the list is about. Each row is rated strong evidence when the company's own description names private equity firms focused on business services, partial evidence when it names part of the category, and indirect evidence when the description shown names none of it and the match rests on the rest of the company's profile.

How many private equity firms focused on business services are there based in China?

RevenueBase identified 186 private equity firms focused on business services headquartered in China as of September 2026, matched on each company's own description of what it does rather than its industry code.

What is the largest company on this list?

CPE, headquartered in Beijing, tops this list with the largest team on record.

Which city has the most private equity firms focused on business services?

Shanghai leads with 26 headquartered companies, followed by Beijing (22) and Shenzhen (11).

How do I get contact information for these companies?

A free RevenueBase account lets you run this exact search and work the top results, verified emails and direct dials included. Upgrading unlocks all 98 verified decision-maker contacts tracked across these 186 companies.

How current is this list?

The list refreshes periodically as the company graph is re-checked. This page's figures were pulled on September 29, 2026.

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About this data

RevenueBase is a B2B data infrastructure company. Its company graph covers 60 million companies and 398.9 million professional contacts, with emails verified on a rolling cadence rather than scraped once and left to decay. These company lists are generated directly from that graph with RevenueBase Smart Search, the same natural-language company search every RevenueBase user has: describe a market in plain words, get the companies that match, and add verified emails and direct dials for the people at them. It is the same data that powers RevenueBase's B2B data products, and a free account includes 500 credits to start. How these lists are built and judged.