Lunar Capital is a China-focused private equity firm. Lunar invests in private enterprises well-positioned to benefit from Chinaâs inward and inland development due to spreading urbanization and consumer demand, particularly in central and western China. The firm has a large team of professionals based in Shanghai, Chengdu and Hong Kong. Lunarâs partners include entrepreneurs behind some of Chinaâs earliest successfully listed private enterprises and have driven multiple portfolio companies from sourcing to initial public offering and acquisition.
With a strong strategic focus on active involvement in portfolio companies, Lunar Capital decided to select a front-to-back platform solution. As the teams run a highly professional process-driven approach to portfolio company management, they needed a proven private equity solution to ease their growing direct investment operations in China.
Lunar Capital also extensively evaluated FrontInvestâs portfolio management and accounting features and was impressed with the solutionâs ease of configuration, high levels of automation and ability to handle their complex requirements.
Lunar Capital clearly appreciated the best-practice implementation approach, which consists of taking advantage of existing product features and configuring the solution to cater to their specific requirements.
âIt is clear that FrontInvest Alternatives has a strong record of successful implementations among the largest General Partners worldwide,â commented Stephen Chung, Director at Lunar Capital. âSince inception, Lunar Capital has differentiated through its positioning, platform and expertise. We are keen to continue building upon our capabilities by adopting the best practices and solutions available in the private equity market today.â
Tarek Chouman, Managing Director Asia-Pacific at eFront, added: âLunar Capital is very process-driven and focused on identifying businesses that fit its investment strategy. The firm differs from others in that it looks at western provincial areas of China for investment opportunities. This new partnership is testimony of our ability to meet Chinese private equity managersâ expectations, not just managers looking only at international investments. Not only did the multilingual capabilities of our solution help, but we think our edge in adapting to local requirements, whatever the region, is definitely an advantage in the market today.â