Banyan Capital Partners Ltd.
Institutional venture firm, based in George Town, Grand Cayman, reporting $7.7B of fund assets on its funds' Form ADV filings.
Composed from this organization's classification, location and filed figures.
5 additional co-investors and affiliates, 8 additional investments, funds and LPs, 10 events, 1 verified contact (1 firm phone)
Every relationship, signal and contact on this record, with the source on each.
Includes 3 days of DFX Intelligence. Then $199/month unless canceled.
Nothing material in the last 180 days.
People to know
View all people- Director Of Banyan Capital Partners Ltd.Why: Named with investment responsibilityNo route on file yet
- Director Of Banyan Capital Partners Ltd.Why: Named with investment responsibilityNo route on file yet
- Shareholder Of Wxy Holdings LimitedWhy: Named with investment responsibilityNo route on file yet
Relationship network
23 connected entities
From financing rounds and every investor named in them, Form ADV and Form D filings, the firm's funds and team, and disclosed LP commitments in the venture capital graph. A round's amount is the size of the round, not money that moved between two investors.
Some relationships on this record are counted rather than named here. They open with the full profile.
Click any name or line for the rounds and sources behind it. Line weight is rounds together; dashed lines are inferred.
- Sponsor
- Company
- Fund or vehicle
- Person
›How strength and recency are read
Co-investors are read from the rounds: three or more shared rounds is a strong observed relationship, two a repeat co-investor, one a single round. Funds and people are structural. Nothing is scored that a reader cannot check.
Darker lines were active in the last 24 months or are current; lighter lines are older or undated.
How am I connected?
Name your firm, a company or a person, and DFX finds the published routes to Banyan Capital Partners Ltd.: a shared portfolio company or board, a prior employer, a co-investor, a shared LP or service provider. Every step is a filed or published record with its source; none is a guess about who knows whom.
See how you connect to Banyan Capital Partners Ltd.
Includes 3 days of DFX Intelligence. Then $199/month unless canceled.
Investing
1 company on record, 0 new in 12 months
Investments on record
What these amounts mean“This investor” is the amount disclosed for this investor alone; it is unknown unless a source said it. The round size is the whole round.Acquired, Public, Exited and Active are what the firm’s own portfolio card says, read on the date shown when you hover the chip; they are not deal dates. A company with no chip is one whose card states no outcome: DFX does not assume it is active.| Company | Round | Role | Partner | Round size | This investor | Date | Source |
|---|---|---|---|---|---|---|---|
| 京ICP备14020814号 | portfolio listing | unknown | unknown | unknown | unknown | Sep 30, 2026 | Fact Firm website |
Stated thesis versus observed behaviour
- Sectors
- not stated or not yet read
- Stages
- not stated or not yet read
- Geography
- not stated
- Check size
- not stated; DFX does not estimate checks from round sizes
Team
3 current, 1 departed
Decision makers
- Xiang Gao · Director Of Banyan Capital Partners Ltd.Why this person: Named with investment responsibility
- Zhen Zhang · Director Of Banyan Capital Partners Ltd.Why this person: Named with investment responsibility
- Ying Wang · Shareholder Of Wxy Holdings LimitedWhy this person: Named with investment responsibility
Ranked by the role the firm or its filing states, a route on file and deals led. Every reason is read from the record, never inferred. Routes are published by the person or the firm (their bio, the team page or a filing) and are revealed on a plan; data bought from a provider is never shown, and a route printed at a firm the person has since left is held back.
Investment team
How the team is orderedPartners who lead rounds first (rounds led, then deals attributed, then seniority), then the rest of the investment team, then investor relations, finance and operations. A person named by two sources under two spellings is shown once.- Shareholder Of Wxy Holdings Limited
- Director Of Banyan Capital Partners Ltd.
- Director Of Banyan Capital Partners Ltd.
1 departed (kept with end dates)
- BIN Yue · Shareholder Of Banyan Partners Iii Ltd. · Jul 1, 2017 to Mar 28, 2019 Inference
Contacts
1 firm phone on record, each with its source. Values open with the complete profile.
Funds and LPs
11 vehicles, 0 LPs disclosed
Funds and vehicles
What these amounts meanGAV is the gross asset value the adviser reported on Form ADV for the vehicle, never the fund’s committed size and never dry powder. Form D sold is the amount sold as of the latest filing, never a final close.| Vehicle | Type | Vintage | Lifecycle | Reported GAV | Owners | Form D sold | Latest Form D |
|---|---|---|---|---|---|---|---|
| Gaorong Partners Fund VI, L.P. | Fund | 2022 form d first sale | Active deployment | $1.9B Sep 14, 2026 | 104 | $1.7B of $1.7B | Mar 28, 2022 |
| Gaorong Partners Fund Vi-A, L.P. | Feeder or parallel | 2022 form d first sale | Active deployment | $231M Sep 14, 2026 | 26 | $185M of $185M | Mar 28, 2022 |
| Gaorong Partners Fund V, L.P. | Fund | 2020 form d first sale | Mature | $1.4B Sep 14, 2026 | 72 | $1.0B of $1.0B | Oct 9, 2020 |
Limited partners
Known LPs and allocators
What these amounts and dates areEach commitment is counted once across the pension tape and the allocator graph. A commitment date prints only when the source printed one; otherwise the row carries the report date. A foundation’s 990-PF line is a holding at fair value, never a commitment. Rows without a fund on the venture graph are commitments to this manager.Relationships across DFX
8 co-investors
Co-investors
- 2026-10-011 shared deal · one time
- 2026-09-301 shared deal · one time
- 2026-09-301 shared deal · one time
Evidence and history
15 dated events, 54 observations from 3 sources
Timeline
- Mar 30, 2023Gaorong Partners Fund VI, L.P. first reported on Form ADV by Banyan Capital Partners Ltd. (Venture Capital Fund), GAV $1,642,679,000
- Mar 30, 2023Gaorong Partners Fund Vi-A, L.P. first reported on Form ADV by Banyan Capital Partners Ltd. (Venture Capital Fund), GAV $184,849,000
- Mar 29, 2021Gaorong Partners Fund V, L.P. first reported on Form ADV by Banyan Capital Partners Ltd. (Venture Capital Fund), GAV $998,115,000
- Mar 29, 2021Gaorong Partners Fund V-A, L.P. first reported on Form ADV by Banyan Capital Partners Ltd. (Venture Capital Fund), GAV $149,885,000
- Nov 1, 2019
Identity and regulatory footprint
Address, phone, Form ADV filing and ownersForm ADV filed Mar 31, 2026 · 11 private fundsShowHide
Website description: 高榕创投是中国最活跃的风险投资机构之一，致力于发现优秀创业者，与他们共建长期价值。高榕创投于2014年1月创立，专注于早期和成长期投资，重点投资新科技、互联网及新消费、医疗健康等创新创业领域。
- Headquarters
- George Town, Grand Cayman, Cayman Islandsadviserinfo.sec.gov
- Office address
- unknownadviserinfo.sec.gov
- Business phone
- unknownadviserinfo.sec.gov
- Website
- BANYANVC.COM
- SEC adviser type
- Exempt reporting adviseradviserinfo.sec.gov
- SEC exemption claimed
- Venture capital fund adviseradviserinfo.sec.govItem 2.B(1): advises solely venture capital funds
- Latest Form ADV
- Mar 31, 2026
- Private funds reported
- 11 (11 venture capital funds)adviserinfo.sec.gov
- Private fund gross assets, adviser total
- $7.7Badviserinfo.sec.govreported GAV of the funds, the adviser's own number; not fund size, not dry powder
- Owners on Schedule A
- WXY Holdings Limited (Shareholder Of Banyan Capital Partners Ltd.), owns 75% or more
Classification history
Classification history
Every classification this record has carried2 on recordShowHide
- Sep 14, 2026Institutional venture firm (confirmed, 95%)Venture manager, reported GAV $7.7B across 11 vehicles
- Sep 12, 2026Institutional venture firm (confirmed, 95%)Venture manager, reported GAV $13.2B across 11 vehicles
Evidence
Every observation behind this profile, with its source, date and class
| Fact | Value | Effective | Class | Source |
|---|---|---|---|---|
| SEC exemption claimed | Venture capital fund adviser | Mar 29, 2024 | Fact | Form ADV |
| SEC adviser type | Exempt reporting adviser | Mar 31, 2026 | Fact | Form ADV |
| SEC adviser type | Exempt reporting adviser | Mar 29, 2024 | Fact | Form ADV |
| First Form ADV filing | 2014-01-07 | Mar 31, 2026 | Fact | Form ADV |
| First Form ADV filing | 2014-01-07 | Mar 29, 2024 | Fact | Form ADV |
| Adv history loaded | adv-hist-1+panel:2026-09-30 | Oct 1, 2026 | Fact | Form ADV |
| Adv history loaded | adv-hist-1+panel:2026-09-29 | Sep 30, 2026 | Fact | Form ADV |
| Adv history loaded | adv-hist-1+panel:2026-09-25 | Sep 26, 2026 | Fact | Form ADV |
| Adv history loaded | adv-hist-1+panel:2026-09-23 | Sep 24, 2026 | Fact | Form ADV |
| Adv history loaded | adv-hist-1+panel:2026-09-21 | Sep 23, 2026 | Fact | Form ADV |
| Adv history loaded | adv-hist-1+panel:2026-09-22 | Sep 23, 2026 | Fact | Form ADV |
| Adv history loaded | adv-hist-1 | Sep 12, 2026 | Fact | Form ADV |
| Latest Form ADV filing | 2026-03-31 | Mar 31, 2026 | Fact | Form ADV |
| Latest Form ADV filing | 2024-03-29 | Mar 29, 2024 | Fact | Form ADV |
| Adv pdf loaded | adv-pdf-1 | Sep 14, 2026 | Fact | Form ADV |
| Venture share of reported funds | 1 | Mar 31, 2026 | Fact | Form ADV |
| Venture share of reported funds | 1 | Mar 29, 2024 | Fact | Form ADV |
| Business phone | Mar 29, 2024 | Fact | Form ADV | |
| Description | Sep 30, 2026 | Fact | ||
| Description | Sep 16, 2026 | Fact | ||
| Description | Sep 12, 2026 | Fact | ||
| Headquarters | George Town, Grand Cayman, Cayman Islands | Mar 29, 2024 | Fact | Form ADV |
| Office address | Mar 29, 2024 | Fact | Form ADV | |
| Legal form | Other (specify) | Mar 29, 2024 | Fact | Form ADV |
| Portfolio page | Sep 30, 2026 | Fact | ||
| Portfolio page | Sep 16, 2026 | Fact | ||
| Portfolio page | Sep 12, 2026 | Fact | ||
| Private funds reported | 11 | Mar 31, 2026 | Fact | Form ADV |
| Private funds reported | 11 | Mar 29, 2024 | Fact | Form ADV |
| Private fund gross assets (reported) | $7.7B | Mar 31, 2026 | Fact | Form ADV |
| Private fund gross assets (reported) | $13B | Mar 29, 2024 | Fact | Form ADV |
| Schedule a diff | sadiff-1 | Mar 31, 2026 | Fact | Form ADV |
| Team page | Sep 30, 2026 | Fact | ||
| Team page | Sep 16, 2026 | Fact | ||
| Team page | Sep 12, 2026 | Fact | ||
| Venture funds reported | 11 | Mar 31, 2026 | Fact | Form ADV |
| Venture funds reported | 11 | Mar 29, 2024 | Fact | Form ADV |
| Website | Sep 12, 2026 | Fact | Form ADV | |
| Website | Mar 29, 2024 | Fact | Form ADV | |
| Site title | Sep 30, 2026 | Fact | ||
| Site title | Sep 16, 2026 | Fact | ||
| Site title | Sep 12, 2026 | Fact |
How this is scored
Scores, classification basis and filing advisersInstitutional venture firm, confirmedShowHide
Venture manager, reported GAV $7.7B across 11 vehicles
- importance
- gav: 0.87 · funds: 0.92 · people: 0.2 · investments: 0 · co investors: 0.37
- active deployment
- investments 12m: 0 · fund raising 18m: 0 · people joined 12m: 0 · vintage within 3y: 0 · latest investment at: not scored
- emerging manager
- fund count: 11 · reported gav: $7.7B · first adv filing: 2014-01-07 · years since first filing: 12.7
Fits, record history and connections
scored matches for this investor, every identity change, every edge
Record history
- Adviser's first ADV filing2014-01-07source on record
The ledger records every merge, rename and reclassification this record went through and the dated filings observed on it, so the identity on this page can be traced to the records it was built from. The ledger's own sentences name other records, so they show with the names.