CDH Bai Fu

CDH Bai Fu (鼎晖百孚) is the private equity / venture capital arm of CDH Investments, the Chinese investment firm. It has co-led growth rounds such as PatPat's Series C alongside Capital Today and General Atlantic, per 2021 reporting . Zhang Genghua formerly worked there before joining Source Code Capital . In late 2024, CDH Investments announced a separate 5 billion yuan logistics infrastructure fund focused on the Greater Bay Area and Yangtze River Delta, though that vehicle sits under CDH's real-asset management unit rather than Bai Fu specifically . Elsewhere's corpus does not offer a fuller profile of Bai Fu's current fund size, team, or strategy.