FountainVest Partners
Private equityGrand Cayman · Growth–Late Stage
Also known as FOUNTAINVEST ADVISORS LTD · FountainVest China · FOUNTAINVEST PARTNERS HOLDINGS LTD.
Fund performance · per public LP disclosures · 7
as of Sep 2025| Fund | Vintage | Committed | Net IRR | TVPI | DPI |
|---|---|---|---|---|---|
| FountainVest Capital Partners Fund IV, L.P.LPs: Washington State Investment Board | 2021 | — | -10.4% | 0.70x | 0.00x |
| FountainVest Partners Fund IVLPs: California State Teachers' Retirement System | 2021 | — | -10.3% | 0.76x | 0.00x |
| FountainVest China Capital Partners Fund III, L.P.LPs: Washington State Investment Board, California State Teachers' Retirement System, New Mexico Public Employees Retirement Association | 2017 | — | 10.9% | 1.60x | 0.65x |
| FountainVest China Growth Cap Fund IILPs: The Regents of the University of California | 2013 | — | 16.1% | 1.60x | 1.09x |
| FountainVest China Growth Capital Fund II, L.P.LPs: Washington State Investment Board, Empire State Development – New York Ventures, San Diego County Employees Retirement Association +1 more | 2013 | — | 11.4% | 1.40x | 1.36x |
| FountainVest China Growth Capital Fund, L.P.LPs: Washington State Investment Board, California State Teachers' Retirement System, The Regents of the University of California | 2008 | — | 6.7% | 1.40x | 1.36x |
| FountainVest Chinn Growth Capital Fund, L.P.LPs: The Regents of the University of California | 2008 | — | 9.6% | — | 0.00x |
Source: public limited-partner disclosures (CalPERS, CalSTRS). Net IRR / TVPI / DPI as reported by the limited partner; a fund's early-year IRR is an interim estimate (J-curve).
Frequently asked questions
- What stage does FountainVest Partners invest at?
- FountainVest Partners invests at the Growth, Late Stage stages.
- What sectors does FountainVest Partners focus on?
- FountainVest Partners focuses on Advanced Manufacturing, Consumer, Healthtech.
- Where is FountainVest Partners located?
- FountainVest Partners is headquartered in Grand Cayman, HK.
Images
Similar investors
B Capital is a global investment firm backing early to late-stage technology innovators across technology, healthcare, and energy & resilience sectors.
General Catalyst is a venture capital firm operating as a partnership focused on company building and accelerating the growth of the businesses it backs.
Khosla Ventures is a venture capital firm founded by Vinod Khosla.
MidEuropa (Mid Europa Partners) is a European private equity investor focused on established and growing businesses, with deep roots in Central Europe and a track record of building international champions.
Giant Ventures is a venture capital firm investing in technology that transforms civilization's foundational systems across sectors including AI, energy, materials, industry, work, finance, biology and healthcare.


.jpeg)
.png)