In circumstances where economic vitality is important, certain new trends are emerging that are especially focused on more unconventional products. We’re fortunate at BIL to be able to suggest growth opportunities, for instance in private equity.

Share local expertise that is unique for a Luxembourg bank

Through our shareholder Legend Holdings, we can propose a narrowed-down selection of Chinese companies that may float in the next few years, with the possibility therefore to acquire an indirect participating interest in local private businesses.

This is precisely where BIL, thanks to its direct access to local knowledge and expertise, has a clear advantage. We work exclusively with China-based private equity and venture capital specialists, Legend Star and Legend Capital.

Legend Capital has 20 years of experience in the Chinese investment market, while Legend Star, an angel investor, has incubated and invested in some 600 innovative companies. This partnership represents BIL's gateway to the booming private equity market in China.

The BIL Private Equity fund, launched in 2019, is currently recording a net internal rate of return of 14% per year despite the COVID crisis*.

Intended for discerning and “well-informed” investors as defined by law, BIL PE II is a new opportunity to take advantage of the diverse investment universe that China has to offer.

Access to a wide range of innovative companies

BIL PE II is a Luxembourg Reserved Alternative Investment Fund (RAIF).

It will be 40% invested in a Legend Capital fund that invests in early- and growth-stage companies in the TMT sector. Another tranche of 40% will be invested in a healthcare-focused Legend Capital fund, which also targets early- or development-stage companies. The remaining 20% will be invested in a Legend Star fund targeting only early-stage companies in areas such as artificial intelligence, biopharmaceuticals and digital healthcare services. This investment approach gives us access to a wide range of companies – some of the most exciting and innovative in China.

As China's current five-year plan helps create an increasingly attractive environment for private equity and innovation is expected to propel the economy to new heights, now is a good time to invest in China. And the BIL PE II fund provides access to the companies that will build what is to become the world’s largest economy.

* Past performance is no guarantee of future performance.

Contact our experts for any further details on BIL PE II