Primavera Venture Management Limited
Growth equityBeijing · Seed–Late Stage · 27 people tracked
Also known as PRIMAVERA CAPITAL MANAGEMENT LTD
Investment thesis
Primavera positions itself as a premier Asia-Pacific-based global investment firm focused on capturing attractive investment opportunities across the dynamic Asia-Pacific region. It aims to build trusted, lasting partnerships with high-potential growth companies to promote entrepreneurship, fuel innovation, and create business value, while generating positive impact for its global investors, portfolio companies, and the broader public.
Source: firm website, verified Aug 25, 2026.
Team · 27 people
from the firm's website & curatedWhat they invest in
from 2 of 3 portfolio companiesCleantech ×1Consumer ×1Deep Tech ×1Energy ×1FoodTech ×1Healthtech ×1Wellness & Fitness ×1
HQs:United States×2New Zealand×1
Investments · 3 tracked
founders shown can be your intro pathVitaco is a supplements, sports nutrition and health food company that owns and manufactures brands including Musashi, Athena, Nutra-Life and Healtheries.
ConsumerFoodTechHealthtechWellness & FitnessAuckland, NZ
Craig Kearney(Chief Executive Officer)Andrew Folkard(Chief Commercial Officer)Jeff Peng(Chief Financial Officer)Lucinda Warren(Chief People & Culture Officer)Roger Scott(Chief Operating Officer)
Co-investorsNext Capital
Campbell, US
Kim Thien Vu(General Counsel)William Wang(Member of the Board of Managers)Kenneth Wong(Member of the Board of Managers)inDeborah Listman(Chief Financial Officer)Fred Hu(Member of the Board of Managers)Veronica Li(Member of the Board of Managers)
Board seatLu LiKenneth Wong· per SEC Form D · filed Jan 2026
Adden Energy develops solid-state, dynamically-stable batteries based on self-healing separator technology discovered at Harvard, aimed at fast charging, long lifetime, and non-flammable components.
CleantechDeep TechEnergyWaltham, US
William Fitzhugh(Executive Officer, Director)inLuhan Ye(Executive Officer, Director)inXin Li(Executive Officer, Director)in
BoardBernard Lupien(Director)inFred Hu(Director)inLaurie Menoud(Director)in
Co-investorsAt One VenturesMassVenturesRhapsody Venture Partners
Rows marked “SEC filing” are inferred from directors named on the company's SEC Form D — public regulatory data, not a portfolio list published by the firm.
Fund performance · per public LP disclosures · 2
as of Mar 2025| Fund | Vintage | Committed | Net IRR | TVPI | DPI |
|---|---|---|---|---|---|
| Primavera Capital Fund IIILPs: Pennsylvania Public School Employees' Retirement System | 2019 | — | 6.2% | 1.30x | 0.21x |
| Primavera Capital Fund IILPs: Pennsylvania Public School Employees' Retirement System | 2015 | — | 7.3% | 1.50x | 0.53x |
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).
Public market activity · per SEC filings
what is this? ⓘDisclosed stake · filed Nov 2020
Disclosed stake · filed May 2020
Disclosed stake · filed Nov 2019
Disclosed stake · filed Aug 2019
Disclosed stake · filed Jul 2019
Disclosed stake · filed Apr 2018
Disclosed stake · filed Jul 2017
Disclosed stake · filed Jan 2017
Disclosed stake · filed Nov 2016
Files 13F institutional holdings reports · latest Aug 2026
From the firm's own SEC EDGAR filings — stakes and insider roles in public companies, typically portfolio companies after an IPO. Not a portfolio list published by the firm.
Frequently asked questions
- What stage does Primavera Venture Management Limited invest at?
- Primavera Venture Management Limited invests at the Seed, Growth, Late Stage stages.
- What sectors does Primavera Venture Management Limited focus on?
- Primavera Venture Management Limited focuses on Sector Agnostic.
- Where is Primavera Venture Management Limited located?
- Primavera Venture Management Limited is headquartered in Beijing, CN.
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