On May 11, 2021, the latest rankings of China’s most LP-recognized “white horse” and “dark horse” investment institutions—as well as the most GP-watched parent funds—were released. The 36Kr Venture Capital Research Institute applied its established evaluation framework, assessing institutions across fundraising, investment execution, post-investment management, and exit performance. Drawing on extensive LP interviews and industry-wide data, 36Kr announced the 2021 White Horse Awards for “China’s Most LP-Recognized Investment Institution,” the Dark Horse Awards for “China’s Dark Horse Fund” and “China’s Most Promising First-Time Fund,” together with honors for “China’s Parent Fund Direct Investment Institutions” and “China’s Most GP-Focused Parent/Government-Guided Funds.”

Harvest Capital was named one of the TOP 30 Private Equity Investment Institutions Most Recognized by LPs in China in 2021.

Founded in 2007, Harvest Capital has spent more than fourteen years building deep expertise in China’s consumer economy. Under the leadership of its founder, Alan Song, the firm has combined disciplined investment judgment with long-term industrial insight, backing multiple category leaders across the consumer and services landscape.

Harvest Capital believes the golden era of China’s domestic consumption is well underway. In a market where value creators deserve to share in the value they build, the firm remains committed to responsible and fundamentals-driven investing.

As a specialist in consumer and modern services, Harvest Capital will continue to focus on empowerment-led value creation, maintaining a long-term orientation and supporting entrepreneurs with strategic, operational, and financial guidance. The firm will stand alongside industry leaders as they scale new heights—and embrace a broader responsibility in advancing China’s business ethics, corporate culture, and long-term industrial development.