Firms, funds, people, portfolio companies and transactions from sworn filings and cited announcements, kept as a graph with a date and a source on every edge. Reported gross assets are never fund size, regulatory AUM is never dry powder, and a deal value prints only when someone disclosed it.

Firms / Trustar Capital Partners Limited

Trustar Capital Partners Limited

Buyout firm · probableMiddle marketHong Kongciticcapital.comSEC exempt reporting adviser
Classification
Class
Buyout firmprobable, confidence 80%
Basis
own website statement
Size band
Middle marketdefined by: proxy: $4.42bn Private Equity Fund GAV on the Form ADV filed 2024-03-25
Classification history (2)
  1. Sep 15, 2026
    Buyout firm (probable, 80%, cls-pe-2)
    own website statement
    “Trustar Capital, an affiliate of CITIC Capital Holdings Limited, is a leading private equity firm in Asia with a highly established buyout platform in China.”
    citiccapital.com
  2. Sep 13, 2026
    Buyout firm (confirmed, 85%, cls-pe-1)
    R6: 4 of 4 distinct vehicles are sworn Private Equity Funds; 3 reported gross assets on a filing in 2022 or later
Regulatory footprint (Form ADV)
Adviser type
exempt reporting adviser
Form ADV filings
Mar 28, 2012 to Mar 25, 2024
RAUM
unknownregulatory assets under management of the adviser; not dry powder, not a fund size
PE funds, latest filing
2
PE fund GAV, latest filing
$4.4Breported gross assets (Form ADV), not fund size
All private fund GAV
$4.4Bevery private fund type, latest filing
2024 PE fund GAV
$4.6Bsum over funds typed Private Equity Fund with a 2024 or later as-of date
PE share of funds, lifetime
100%
Fund type mix
filed 2024-03-25, latest gav Private Equity Fund $4.4B, latest counts Private Equity Fund 2, lifetime distinct Private Equity Fund 4
Employees
unknown
Headquarters
Hong Kong, Hong Kong
Office address
C/O 28/F, CITIC TOWER, 1 TIM MEI AVENUE, CENTRAL, Hong Kong
Business phone
852-37106888
Stated criteria beside observed behaviour
1 observed deals
Stated by the firm
Sectors
financial services
Geography
Global, United States
Revenue
not stated or not yet read
EBITDA
not stated or not yet read
Enterprise value
not stated or not yet read
Equity check
not stated or not yet read
Control
control
Thesis
We offer a wide range of investment opportunities, leveraging our extensive deal-sourcing capabilities and industry experience to invest in renowned companies and pursue promising China-related investment prospects.
Observed from deals on record
roles
unknown 1
period
to unknown, from unknown, undated holdings 1, dated observations 0
window
last unknown, first unknown
control
unknown 1
companies
1
geography
investments
1
seller kinds
transactions
0
cadence by year
platform add on
add ons 0, platforms 0, add ons per platform unknown
sector known for
0
disclosed value usd
n 0
sector distribution
holding period years
n 0
repeat counterparties
subsector distribution

1 companies on the graph (0 transactions); no dated observations

Funds
4 on record
FundVehicleVintageReported gross assets (Form ADV), not fund sizeGAV by yearForm D soldLifecycle
Citic Capital China Partners IV, L.P.
ADV: Private Equity Fund
buyout or unlabelled2019
first reported on Form ADV
$2.8B
as of Mar 25, 2024
no Form DMature
Citic Capital China Partners III, L.P.
ADV: Private Equity Fund
buyout or unlabelled2017
first reported on Form ADV
$1.6B
as of Mar 25, 2024
no Form DMature
Citic Capital China Partners II, L.P.
ADV: Private Equity Fund
buyout or unlabelledunknown$204M
as of Mar 26, 2024
no Form DHarvest
Citic Capital China Partners, L.P.
ADV: Private Equity Fund
buyout or unlabelledunknown$0
as of Mar 26, 2024
no Form DWound down
Team
4 current, 1 former
1 former (kept with end dates)
Portfolio
1 relationships, 0 platforms, 0 add-ons
CompanyRoleStatusInvestedHeldPartnerSource
Amoy FoodRole unknownexited
exited Sep 11, 2026
unknownunknownunknownFact Press release wires (PR Newswire, GlobeNewswire, Business Wire public pages and RSS)
Transactions
2 on record
DateTypeTargetThis firm’s roleSource
Sep 11, 2026Exit to a strategic buyerAmoy FoodSeller (confirmed)citiccapital.com
date unknownType not statedTrustar Capital Partners LimitedTarget (confirmed)windjammercapital.com
Placement agents, lenders, advisers and co-investors
0 relationships
No counterparty collected yet. These are counted from transactions that name both this firm and the other party, and from placement agents on this firm’s funds.
LP commitments
0 disclosed
No LP commitment collected yet. An LP edge needs a public disclosure with a quote, such as a pension plan’s report or an announcement naming the LP.
Events
10 most recent
  1. Sep 15, 2026
    December 2013 Windjammer Announces the Acquisition of Engineered Controls International
    Transaction announcedFactWindjammer Capital InvestorsPress release wires (PR Newswire, GlobeNewswire, Business Wire public pages and RSS)
  2. Sep 11, 2026
    Trustar Capital Completes Sale of Amoy Food to Haitian Flavouring
    ExitFactAmoy FoodPress release wires (PR Newswire, GlobeNewswire, Business Wire public pages and RSS)
  3. Sep 11, 2026
    Trustar Capital Completes Sale of Amoy Food to Haitian Flavouring
    Firm newsFactInvestment organization websites (team, portfolio, strategy, criteria, news)
  4. Oct 22, 2025
    Mubadala Joins Trustar Capital, FountainVest, and Sinotransas Strategic Shareholders in Loscam
    Firm newsFactInvestment organization websites (team, portfolio, strategy, criteria, news)
  5. Aug 6, 2025
    Trustar Capital Closes New RMB Buyout Fund at over RMB4.5 Billion
    Firm newsFactInvestment organization websites (team, portfolio, strategy, criteria, news)
  6. Oct 21, 2024
    CITIC Capital Announces an Increased Investment in McDonald’s China, Leading the Company into a New Era of Growth
    Firm newsFactInvestment organization websites (team, portfolio, strategy, criteria, news)
  7. Jun 20, 2024
    TAUNS Laboratories, Inc. Completes IPO on the Tokyo Stock Exchange Standard Market
    Firm newsFactInvestment organization websites (team, portfolio, strategy, criteria, news)
  8. Apr 2, 2024
    Trustar Capital Completes Acquisition of Leading Throat Health Enterprise Guilong Pharmaceutical
    Firm newsFactInvestment organization websites (team, portfolio, strategy, criteria, news)
  9. Jan 31, 2024
    Trustar Capital Completed the Sale of MARK STYLER
    Firm newsFactInvestment organization websites (team, portfolio, strategy, criteria, news)
  10. Mar 28, 2012
    Trustar Capital Partners Limited first filed Form ADV in the extract (ERA)
    First Form ADV filingFactSEC Form ADV filing data 2011 to 2024 (Schedule D 7.B.(1) private funds, Schedules A/B, 1.I websites)