Trustar Capital

Trustar Capital, founded in 2003 and based in Hong Kong, is a private equity firm affiliated with CITIC Capital. The firm focuses on investing globally in companies that leverage the growth and productive resources of the Chinese economy. Its investment activities span across China, Japan, and the United States, targeting opportunities that align with the dynamics of these markets.

Boon Chew

Managing Partner

David Qin

Managing Director

Yang Shi

Managing Director

Derek Wang

Senior Managing Director

Henry Zeng

Managing Director

Yan Zhao

Partner

Hanxi Zhao

Managing Partner

7 past transactions

i2Cool

Series A in 2024
i2Cool is a technology start-up focused on developing innovative solutions for a sustainable, low-carbon society. The company specializes in powerless cooling technology aimed at reducing energy consumption associated with air conditioning. i2Cool is dedicated to promoting its self-developed passive radiative cooling coating, which operates without energy consumption and does not rely on ozone-depleting refrigerants. This technology not only contributes to significant energy savings but also facilitates carbon reduction, ultimately helping to achieve net zero building emissions. Through its sustainable products, i2Cool aims to address the growing demand for environmentally friendly cooling solutions.

Guilong Pharmaceutical

Acquisition in 2024
Guilong Pharmaceutical manufactures and distributes pharmaceutical products. The Company produces throat drugs, cardiocerebral vascular medicines, digestive drugs, and more.

Intramco

Venture Round in 2021
Intramco is a manufacturer specializing in components for electric vehicle charging, catering primarily to original equipment manufacturers. The company provides a diverse range of products, including charging cables, charging station components, trailer lighting wiring sets, sockets, plugs, adapters, and cable adapters. By focusing on these innovative solutions, Intramco supports its clients in their efforts to reduce carbon emissions and enhance sustainability in the automotive sector.

Rootnet

Private Equity Round in 2021
Rootnet Technology is a leading IT systems provider in the financial industry, known for its comprehensive product offerings and strong innovative capabilities. The company specializes in developing stock and share trading software platforms, with a focus on integrating collective trading with cloud services. This approach caters to the needs of various individual and institutional investors. Rootnet's main products include core counter trading systems, QFII systems, quantitative investment systems, and derivative product systems.

Yifei Group

Private Equity Round in 2021
Yifei Group is an online business service provider specializing in the beauty and personal care sector. Based in China, the company offers comprehensive solutions for beauty brands and small to medium business owners. Its services encompass brand incubation, marketing and promotion, online shop operation, and channel and fulfillment management, covering major e-commerce and social media platforms. Additionally, Yifei Group provides educational resources and a one-stop-shop service to empower numerous sellers in launching their businesses and connecting with consumers. The company is also known for operating the Taomeizhuang Association, a prominent platform within the market. Furthermore, Yifei Group acts as a supplier and distributor of various skincare products, including well-known brands, and runs the e-commerce platform "Chenchen Cosmetics," which focuses on cosmeceuticals.

MedAlliance

Private Equity Round in 2021
MedAlliance is a privately-owned medical technology company. MedAlliance develops innovative drug-eluting balloons (DEBs) for patients suffering from life-threatening coronary and peripheral arterial disease.

ScentAir

Secondary Market in 2020
ScentAir Technologies, Inc., established in 1994 and headquartered in Charlotte, North Carolina, specializes in commercial scent solutions for diverse industries worldwide. The company provides scents and scent delivery systems, along with installation and maintenance services for clients in hospitality, retail, healthcare, entertainment, and other sectors. Its products cater to various applications such as advertising, hotels, retail stores, amusement parks, and special events. ScentAir operates through a network of distributors and has expanded its reach to Southeast Asia.
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