Founded in 2016 between China Resources Group and Verlinvest S.A. (a Belgium private equity and venture capital). The partnership is an investment holding company specializing in growth capital, recapitalization, leveraged buyouts, and industry consolidation equity transactions. The firm focuses on the consumer sector including food and beverage; retail and hospitality such as personal services including nursing homes. It typically invests in companies based in Western and Central Europe, Asia, and China. It seeks to make direct equity investments, and participates at board and strategic committee levels in its portfolio companies. It also contributes to special projects in portfolio companies with dedicated operational resources.