Since its December 2013 inception, BHR has established several funds investing in SOE Reforms, Cross-Border Mergers & Acquisitions and Alternative Growth Investments.  


Cross-Border M&A


Being the designated cross-border investment platform of Bohai Industrial Investment Fund (“Bohai Capital”) and armed with the support of the Bank of China and our other legacy shareholders through Bohai Capital, BHR is focused on cross-border investments by offering our strategic partners funding and global resources and the experience of our cross-border team.

 

On September 8, 2015, BHR celebrated the addition of Henniges Automotive (“Henniges”), the leading global manufacturer and designer of automotive sealing and anti-vibration solutions, as a BHR portfolio company.  BHR teamed up with its strategic partner, AVIC Auto, in acquiring Henniges, through a joint venture structure.  The Henniges acquisition is valued at around US$600 million. 


SOE Reform


Aside from cross-border investments, BHR is closely monitoring investment opportunities emerging from the Chinese Government’s initiatives to reform State-Owned Enterprises (“SOE”) as announced during the 18thCPC 3rd plenary sessions.  In 2014, BHR invested approximately RMB4 Billion in the pilot SOE reform deal involving the segregation and capitalization of Sinopec Group’s non-oil business into Sinopec Marketing Corporation.   


Alternative Investments 


As the market evolves, so do we.  2015 has seen BHR participating in selected alternative investment opportunities including (i) cornerstone and anchor investments in HKSE listings and limited public offerings such as China General Nuclear, 3Bio Inc. and (ii) certain early to growth stage investments such as Didi Taxi.  BHR will continue to diversify its investment portfolio by staying ahead of the market curve while protecting investor interests.