On December 8, 2019, the “2019 China Fund of Funds Annual Conference,” hosted by the China Association for Science & Technology Finance Venture Capital Committee and the China FOF Alliance, and co-organized by the FOF Research Center, was successfully concluded at the Shangri-La Hotel in Beijing. At the close of the event, the “2019 China Fund of Funds Alliance Commendation List” was officially released. Harvest Capital was recognized with three distinguished awards:

- Best Private Equity Fund in China (No. 17)
- Best Fundraising Investment Institution in China (No. 10)
- Most Popular Founding Partner in China (No. 30)

China’s private equity industry has recently entered a period of adjustment. On one hand, U.S.-China trade tensions and global economic uncertainty have increased; on the other hand, the steady progress of the STAR Market, deepening reforms of the New Third Board, and the release of dual-fund policies in October are driving China’s capital market forward at full speed. Against this backdrop, major players in China’s private equity sector are actively expanding their markets, restructuring their strategies, and reshaping the industry landscape.

Amid both opportunities and challenges, hard work continues to yield results. To honor the industry’s benchmark leaders and encourage professionals to work together toward the healthy development of the private equity investment sector, the China Fund of Funds Alliance conducted its 2019 annual commendation, formally recognizing outstanding private equity funds, fund of funds, and key individuals. The list was compiled based on comprehensive evaluation and scoring by member units of the China Fund of Funds Alliance across multiple performance indicators.