Fund, established in
2001, is a private equity fund, located in
Total portfolio is about US$ 74 million, investing mainly in
long/short equities of U.S. and Hong Kong stock exchanges. Thanks to China¡¦s bull
market, the fund has generated an annual ROI of 22.6% during
2002 -2007, but the fund has suffered loss of about 21% in 2008 and averaging about 14% in 2009 and 2010. Owned by just
a few families, Viasa does not raise public funds or leverage with any bank loan.
includes US$18 million of M&A fund targeting small-medium
enterprises with growth potential and positive cash flow.
Investment horizon is 2 to 5 years, with IPO or reverse merger
as the most likely exit strategy.
inception, Viasa and its financial partners have acquired 11
enterprises valued over US$34 million in total considerations.
The business models included electronics manufacturing and
distribution, equipment leasing, Internet data vendors,
telecommunication operator and online distance learning.