Reuters: SAIF Partners is VC Fund of the Year and CDH Investments Wins PE Fund of the Year

SAIF Partners is VC Fund of the Year and CDH Investments Wins PE Fund of the
Year in the 2007 China VC&PE Annual Ranking

SAIF Partners won the highest proportion of votes and became "Venture Capital Fund of the Year 2007," ranking first on the list of "Top 50 Venture Capital Funds of the Year 2007." Andy Yan led his team to complete a wide variety of remarkable investment and exit deals in 2007, and accordingly he won "Venture Capitalist of the Year 2007." IDGVC Partners and Shenzhen Capital Group ranked second and third, respectively, on the list of "Top 50 Venture Capital Funds of the Year 2007."
One of the new features of this annual rewards ceremony is the rankings of private equity firms. After multiple-round votes on PE funds and investors focusing on investing in Mainland China, CDH Investments with absolute advantage wins three awards -- "Private Equity Fund of the Year 2007," "PE Fundraising Winner of the Year 2007" and "PE Exit Winner of the Year 2007," and Shangzhi Wu, Chairman & Managing Partner of CDH Investments, is crowned with the title of "PE Capitalist of the Year 2007." Morgan Stanley and Bain Capital rank second and third respectively on the list of "Top 30 Private Equity Funds of the Year 2007."

The success of alibaba.com debut makes the company "VC Exit of the Year 2007" and its founder Jack Ma "VC/PE-Backed Entrepreneur of the Year 2007." In the list of "Top 10 VC/PE-Backed Entrepreneurs of the Year 2007," you will also find Michael Chi (Chairman and CEO of Perfect World), Herman Guo (Chairman and CEO of Airmedia), and Qi Ji (CEO of Hanting Hotel Chain), etc. In the context of RMB funds tending to become popular and more and more investments exiting on domestic market, agencies provided such services as domestic listing and merger and acquisition for both investors and enterprises. Therefore, the ranking for agencies serving domestic IPO and merges and acquisitions is another highlight at the annual rewards & ranking ceremony. Jingtian & Gongcheng Attorneys at Law and King & Wood PRC Lawyers are respectively appraised as "Overseas IPO Lead Legal Advisor of the Year 2007"
and "Domestic IPO Lead Legal Advisor of the Year 2007;" Shearman & Sterling as "Merger & Acquisition Market Lead Legal Advisor of the Year 2007;" and Deloitte and PWC as "VC/PE-Backed Overseas IPO Lead Auditing Firm of the Year 2007" and "VC/PE-Backed Domestic IPO Lead Auditing Firm of the Year 2007." During the awards ceremony, the "Top 10 Venture Capitalists of the Year 2007," "Top 50 Venture Capital Funds of the Year 2007," and "Top 30 Private Equity Funds of the Year 2007" were also announced.


Appendix: 2007 China VC and PE Annual Ranking

Part I: Venture Capital

-- Venture Capital Fund of the Year 2007
SAIF Partners
-- VC Investment Winner of the Year 2007
IDGVC Partners
Shenzhen Capital Group Co., Ltd. (SCGC)
-- VC Fundraising Winner of the Year 2007
SAIF Partners
-- VC Exit Winner of the Year 2007
SAIF Partners


Top 50 Venture Capital Funds of the Year 2007

Rank VC Funds Rank VC Funds
1 SAIF Partners 26 China Merchants Technology
Holdings Co., Ltd.
2 IDGVC Partners 27 Granite Global Ventures
3 Shenzhen Capital Group Co., 28 iDTech Ventures
Ltd. (SCGC)
4 Sequoia Capital China 29 Shenzhen Fortune Venture
Capital Co., Ltd.
5 NewMargin Ventures 30 DCM Group
6 KPCB China Fund 31 Fidelity Investment Group
7 Susquehanna International 32 WI Harper Group
Group, LLP.
8 CDH Venture 33 JAFCO Investment (Asia
Pacific) Ltd
9 Legend Capital 34 Orchid Asia Group
Management Co., Ltd.
10 Northern Light Venture 35 Gobi Partners
Capital
11 Softbank China Venture 36 Tsing Capital
Capital
12 The CID Group 37 Lightspeed Venture
Partners
13 New Enterprise Associates 38 Wuhan Huagong Venture
Capital Co., Ltd.
14 DT Capital Partners 39 Redpoint Ventures
15 AsiaVest Partners, TCW/YFY 40 Shenzhen Oriental Fortune
Ltd. Capital Co., Ltd.
16 Qiming Venture Partners 41 Steamboat Ventures
17 Infotech Pacific Ventures 42 Jiangsu High-Tech
Investment Group Investment Group
18 KTB Ventures 43 Bluerun Ventures
Suzhou Ventures Group
19 (China-Singapore Suzhou 44 Draper Fisher Jurvetson
Industrial Park Ventures Dragon Fund
Co., Ltd.)
20 GSR Ventures 45 Canton Venture Capital
21 Chengwei Venture 46 ePlanet Ventures
22 Intel Capital 47 Draper Fisher Jurvetson
China
23 Capital Today 48 Bessemer Venture Partners
(Shanghai) Co., Ltd.
Heilongjiang Chenergy-HIT
24 Japan Asia Investment Co., 49 Hi-tech Venture Capital
Ltd. Co., Ltd. (CVC)
Hunan XiangTou Hi-Tech
25 Walden International 50 Venture Capital Co., Ltd
(Hunan Gaoke Telecom
Equipment Co., Ltd.)


Part II: Private Equity (focusing on Mainland China)

-- Private Equity Fund of the Year 2007
CDH Investments
-- PE Investment Winner of the Year 2007
Merrill Lynch & Co., Inc.
Bain Capital, LLC
-- PE Fundraising Winner of the Year 2007
CDH Investments
-- PE Exit Winner of the Year 2007
CDH Investments


Top 30 Private Equity Funds of the Year 2007
Rank PE Funds Rank PE Funds
1 CDH Investments 16 Lehman Brothers Inc.
2 Morgan Stanley 17 Prax Capital Management
Co.
3 Bain Capital, LLC 18 The Carlyle Group, L.L.C.
4 The Goldman Sachs Group, 19 General Atlantic LLC.
Inc.
5 Temasek Holdings Pte Ltd. 20 Bohai Industrial
Investment Fund
6 Warburg Pincus LLC. 21 Texas Pacific Group
7 The International Finance 22 Tiger Fund
Corporation
8 Merrill Lynch & Co., Inc. 23 American International
Group, Inc.
9 Hony Capital Limited 24 CVC Asia Pacific Ltd
10 Baring Private Equity Asia 25 3i Group
The Government of Singapore
11 Investment Corporation Pte 26 New Horizon Fund
Ltd.
12 The Blackstone Group 27 Natixis Private Equity
Asia Limited
13 KOHLBERG KRAVIS ROBERTS & Co. 28 H&Q Asia Pacific
14 Citigroup 29 Actis
15 The Cathay Capital Group 30 Blue Ridge Capital


Part III: People


Venture Capitalist of the Year 2007
Name VC Fund Position
Andy Yan SAIF Partners Managing Partner


Top 10 Venture Capitalists of the Year 2007
Name VC Fund Position
Feng Deng Northern Light Venture Founding Managing
Capital Director
Tao Feng NewMargin Ventures Managing Partner
Haitao Jin Shenzhen Capital Group Co., Chairman
Ltd. (SCGC)
Dongliang IDGVC Partners Partner
Lin
Gongquan CDH Venture General Partner
Wang
Chauncey Softbank China Venture Managing Partner
Shey Capital
Andy Yan SAIF Partners Managing Partner
Daniel Yang SAIF Partners Partner
Fan Zhang Sequoia Capital China Founding Managing Partner
Joe Zhou KPCB China Fund Managing Partner
-- Listed in order of last name


PE Capitalist of the Year 2007 (focusing on Mainland China)
Name PE Fund Position
Shangzhi Wu CDH Investments Chairman


Top 10 PE Capitalists of the Year 2007 (focusing on Mainland China)
Name PE Fund Position
Jing Huang Bain Capital, LLC Managing Director
Zhen Jiao CDH Investments Managing Partner
David Liu KOHLBERG KRAVIS ROBERTS & Co. Managing Director
Chang Sun Warburg Pincus LLC. Managing Director
Kevin Wang Natixis Private Equity Asia Managing Partner
Limited
Shangzhi Wu CDH Investments Chairman & Managing
Partner
Xiang-Dong The Carlyle Group, L.L.C. Managing Director
(X.D.) Yang
Conrad Baring Private Equity Asia Principal
Tsang
Kevin Zhang The Goldman Sachs Group, Inc. Managing Director
John H. Hony Capital Limited CEO & Managing Director
Zhao
-- Listed in order of last name


VC/PE-Backed Entrepreneur of the Year 2007
Entrepreneur Position Enterprise Investor

Chairman & Alibaba.com Softbank China
Jack Ma Non-Executive Director Limited Venture Capital,
GGV, etc.


Top 10 VC/PE-Backed Entrepreneurs of the Year 2007
Name Position Enterprise Investor
Michael Chairman & CEO Perfect world Co., Ltd. SAIF, etc.
Chi
Herman Chairman & CEO Airmedia CDH China Growth
Guo Capital, etc.
James Hu CEO Acorn International SAIF, etc.
Qi Ji CEO Hanting Hotels Inc. CDH, Northern
Light, etc.
Pak Kwan Chairman Kingsoft Corp. Intel Capital,
KAU etc.
Ge Li Chairman & CEO WuXi PharmaTech Co., Fidelity Investment,
Ltd. UOB, etc.
Zengxiang Chairman & CEO Beijing Novel-Tongfang SAIF, etc.
Lu Digital TV
Technology Co., Ltd.
Jack Ma Chairman & Alibaba.com Limited SBCVC and GGV, etc.
Non-Executive
Director
Yuzhu Shi Chairman & CEO Giant Interactive SIG, etc.
Group Inc

Ping Wu President, Spreadtrum NEA Legend
Chairman & CEO Communications Inc. Capital, etc.



Part IV: Deal

-- VC Investment of the Year 2007
-- Vacancy
-- VC Exit of the Year 2007
-- Alibaba.com Limited
-- PE Investment of the Year 2007
-- Vacancy
-- PE Exit of the Year 2007
-- Airmedia

Part V: Agency

-- Venture Capital Market Lead Legal Advisor of the Year 2007
--DLA PIPER
-- Private Equity Market Lead Legal Advisor of the Year 2007
--O'MELVENY & MYERS LLP
-- Overseas IPO Lead Legal Advisor of the Year 2007
--JINGTIAN & GONGCHENG
-- Domestic IPO Lead Legal Advisor of the Year 2007
--KING & WOOD PRC LAWYERS
-- VC/PE-Backed Overseas IPO Lead Auditing Firm of the Year 2007
--Deloitte
-- VC/PE-Backed Domestic IPO Lead Auditing Firm of the Year 2007
--PricewaterhouseCoopers


Top 3 Active Overseas IPO Lead Underwriters of the Year 2007
Rank Company
1 UBS
2 Goldman Sachs (Asia) Ltd.
3 Morgan Stanley Asia Limited


Top 3 Active Domestic IPO Lead Underwriters of the Year 2007
Rank Company
1 CITIC Securities Co., Ltd.
2 China International Capital Corporation Limited (CICC)
3 Guosen Securities Co, Ltd.


-- Merger & Acquisition Market Lead Legal Advisor of the Year 2007
--SHEARMAN & STERLING LLP