Fountainvest Advisors Ltd

Private equity with venture activitySEC exempt reporting adviserClassification candidate· Grand CaymanFOUNTAINVEST.COM

FountainVest is a team of passionate and experienced investors with deep roots in Asia. We are dedicated to identifying and developing businesses globally with clear value creation angles in the region.

In the firm's own words, from its website.

Reported fund assets
$6.1B
the adviser's own Form ADV total
Investment team
5
Latest vintage
2017
As of · the latest observation of this organization; filed figures are as of its latest Form ADV

8 additional team members, 4 additional co-investors and affiliates, 7 additional investments, funds and LPs, 14 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 Fv Jade Advisors Ltd.
    Why: Named with investment responsibility
    No route on file yet
  • Director Of Fv Nortia Partners Gp Ltd.
    Why: Named with investment responsibility
    No route on file yet
  • Director Of Fountainvest Capital Partners Gp4 Ltd.
    Why: Named with investment responsibility
    No route on file yet

Relationship network

11 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.

Reading the network
  • Capital provider
  • 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 Fountainvest Advisors 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 Fountainvest Advisors Ltd

Includes 3 days of DFX Intelligence. Then $199/month unless canceled.

Investing

0 companies on record, 0 new in 12 months

Investments on record

0 companies, 0 partner-attributed
No investment on record yet. Edges arrive from the firm’s portfolio page, financing announcements, and Form D board seats.

Stated thesis versus observed behaviour

no observed deals yet
Stated (the firm’s website)
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
Observed (from deals on record)
Stage at participation: no observed deals yet
Stage at first entry: no observed deals yet
Sectors: no observed deals yet
lead rate no observed dealsfollow-on rate no observed dealsnew companies, 12 months 0

Team

5 current, 8 departed

Decision makers

who to call first, and why; then everyone else by function
  • Jarladth Michael Travers · Director Of Fv Jade Advisors Ltd.
    Why this person: Named with investment responsibility
  • Jian George Chuang · Director Of Fv Nortia Partners Gp Ltd.
    Why this person: Named with investment responsibility
  • Lynden Rees John · Director Of Fountainvest Capital Partners Gp4 Ltd.
    Why 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

5 current, 8 departed
9 departed (kept with end dates)
  • Chenning Zhao · Director Of Fv Mascot Partners Gp Ltd · Nov 1, 2018 to Mar 31, 2021 Inference
  • Jarladth Michael Travers · Director Of Fv Diamond Partners Gp Ltd. · Dec 1, 2021 to Mar 31, 2023 Inference
  • Yongmin Hu · Director Of Fv Mascot Partners Gp Ltd · Nov 1, 2018 to Mar 31, 2021 Inference

Contacts

1 firm phone

1 firm phone on record, each with its source. Values open with the complete profile.

Funds and LPs

3 vehicles, 3 LPs disclosed

Funds and vehicles

3 reported
VehicleTypeVintageLifecycleReported GAVOwnersForm D soldLatest Form D
FountainVest China Capital Partners Fund III, L.PFund2017 lp reportedHarvestunknownunknownunknownunknown
FountainVest China Growth Capital Fund II, L.PGrowth fund2013 lp reportedHarvestunknownunknownunknownunknown
Fountainvest China Growth Capital Fund, L.P.Growth fund · ADV: Private Equity FundunknownUnknown$57.2M
Mar 28, 2024
34unknownunknown

Limited partners

3 LPs, 7 disclosed commitments

Known LPs and allocators

6 relationships across the firm's funds, from public pensions and the allocator graph
AllocatorTypeFundAmountDateSource
Washington State Investment BoardPUBLIC INSTITUTIONAL POOLFountainVest China Capital Partners Fund III, L.P$200M
committed
committed Feb 1, 2017Fact Pension disclosure
Washington State Investment BoardPUBLIC INSTITUTIONAL POOLFountainVest China Growth Capital Fund II, L.P$150M
committed
committed Jan 2, 2013Fact Pension disclosure
California State Teachers' Retirement SystemSTATE RETIREMENT SYSTEMFountainVest China Capital Partners Fund III, L.P$150M
committed
reported as of Jun 30, 2025Fact Pension disclosure

Relationships across DFX

0 co-investors · on 2 other DFX graphs

Co-investors

0 counted from shared deals, for the whole firm
No co-investor relationship yet: these are derived only from rounds and portfolio listings the graph has seen both investors on.
Across DFX and the capital chainon 2 other DFX graphs · 3 capital paths Show
Across DFX
  • The same institution is held on Allocators, Private Equity, matched by identifier. See which records
Across the graphs

Fountainvest Advisors Ltd is the same institution as 2 records in Allocators and Private Equity.

Allocators1Private Equity1

DFX found 2 relationships across 2 datasets

Which record it is in each graph, what it is called there, and how the two were matched.

Includes 3 days of DFX Intelligence. Then $199/month unless canceled.

Checking your plan…

Capital chain

Fountainvest Advisors Ltd sits on 3 traced paths of capital across the graphs.

Allocator commitments to a manager

DFX traced 3 paths of capital through this record

Every record on each path, what it committed or lent, and as of when.

Includes 3 days of DFX Intelligence. Then $199/month unless canceled.

Derived from allocator disclosures, BDC schedules and SEC filings; confidence is the weakest hop.

Checking your plan…

Evidence and history

19 dated events, 33 observations from 3 sources

Timeline

19 dated events
  1. Mar 28, 2024
    Brian Eden (Director Of Fv Jade Advisors Ltd.) no longer on Schedule A of Fountainvest Advisors Ltd
    Person leftPeopleInferenceBrian EdenForm ADV
  2. Mar 31, 2023
    DON Wayne Ebanks (Director Of Fountainvest China Capital Partners Gp2 Ltd.) no longer on Schedule A of Fountainvest Advisors Ltd
    Person leftPeopleInferenceDON Wayne EbanksForm ADV
  3. Mar 31, 2023
    Jarladth Michael Travers (Director Of Fv Diamond Partners Gp Ltd.) no longer on Schedule A of Fountainvest Advisors Ltd
    Person leftPeopleInferenceJarladth Michael TraversForm ADV
  4. Feb 1, 2023
    Jarladth Michael Travers joined Schedule A of Fountainvest Advisors Ltd as Director Of Fv Jade Advisors Ltd.
    Person joinedPeopleFactJarladth Michael TraversForm ADV
  5. Aug 1, 2022
    Lynden Rees John joined Schedule A of Fountainvest Advisors Ltd as Director Of Fountainvest Capital Partners Gp4 Ltd.
    Person joinedPeopleFactLynden Rees JohnForm ADV

Identity and regulatory footprint

Address, phone, Form ADV filing and ownersForm ADV filed Mar 28, 2024 · 11 private fundsShow
Headquarters
Grand Cayman, Cayman Islandsadviserinfo.sec.gov
Office address
unknownadviserinfo.sec.gov
Business phone
unknownadviserinfo.sec.gov
SEC adviser type
Exempt reporting adviseradviserinfo.sec.gov
SEC exemption claimed
Private fund adviseradviserinfo.sec.gov
Latest Form ADV
Mar 28, 2024
Private funds reported
11 (0 venture capital funds)adviserinfo.sec.gov
Private fund gross assets, adviser total
$6.1Badviserinfo.sec.govreported GAV of the funds, the adviser's own number; not fund size, not dry powder
Owners on Schedule A
Fountainvest China Growth Partners GP Ltd. (General Partner Of Fountainvest China Growth Partners Gp1, L.P.), owns under 5%; Fountainvest Capital Partners Gp4 Ltd. (Shareholder Of Fv Nortia Partners Gp Ltd.), owns 75% or more; ONE Venture Limited (Shareholder Of Fountainvest Capital Partners Gp4 Ltd.), owns 50% to 75%

Classification history

Every classification this record has carried1 on recordShow
  1. Sep 13, 2026
    Private equity with venture activity (candidate, 50%)
    No venture fund on Form ADV; public LPs book its vehicles as Growth Equity

Evidence

33 observations from 3 sources
Every observation behind this profile, with its source, date and class
FactValueEffectiveClassSource
SEC exemption claimedPrivate fund adviserMar 28, 2024FactForm ADV
SEC adviser typeExempt reporting adviserMar 28, 2024FactForm ADV
First Form ADV filing2012-03-29Mar 28, 2024FactForm ADV
Adv history loadedadv-hist-1Sep 13, 2026FactForm ADV
Latest Form ADV filing2024-03-28Mar 28, 2024FactForm ADV
Venture share of reported funds0Mar 28, 2024FactForm ADV
Business phoneMar 28, 2024FactForm ADV
DescriptionSep 16, 2026Fact
DescriptionSep 15, 2026Fact
HeadquartersGrand Cayman, Cayman IslandsMar 28, 2024FactForm ADV
Lp strategy labelGrowth EquitySep 13, 2026FactPension disclosure
Office addressMar 28, 2024FactForm ADV
Legal formCorporationMar 28, 2024FactForm ADV
Private funds reported11Mar 28, 2024FactForm ADV
Private fund gross assets (reported)$6.1BMar 28, 2024FactForm ADV
Venture funds reported0Mar 28, 2024FactForm ADV
WebsiteMar 28, 2024FactForm ADV
Site titleSep 16, 2026Fact
Site titleSep 15, 2026Fact
How this is scored
Scores, classification basis and filing advisersPrivate equity with venture activity, candidateShow
Importance
3
low
Active deployment
0
low
Emerging
0
low
Freshness
92
high
Private equity with venture activity · candidateSEC exempt reporting adviser

No venture fund on Form ADV; public LPs book its vehicles as Growth Equity

The inputs behind each score
importance
gav: 0 · funds: 0 · people: 0.2 · investments: 0 · scale basis: Venture-typed funds only (Private equity with venture activity): 0 funds, $0M of $6.1B reported · co investors: 0
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: 3 · reported gav: $6.1B · first adv filing: 2012-03-29 · years since first filing: 14.5

Fits, record history and connections

scored matches for this investor, every identity change, every edge

Record history

1 dated event on the change ledger, latest event first
  • Adviser's first ADV filing
    2012-03-29source 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.

Not yet on record: new companies, 12 mo.