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Intro | Qing dynasty person CBDB = 82414 | |
A.K.A. | Beiming | |
A.K.A. | Beiming | |
Places | China | |
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Biography
Fan Bao (born 1969/1970) is a Chinese investment banker, the chairman and CEO of China Renaissance, which he founded in 2004.
Early life
Bao was born in Shanghai to parents who worked for the government; "Nothing senior, I’m not one of the princelings" according to Bao. He went to high school in the US.
He received degrees from Shanghai's Fudan University and the Norwegian School of Management.
Career
Bao worked for Morgan Stanley, Credit Suisse and Morgan Stanley again, in London, New York and Hong Kong. In 2000, Bao left Morgan Stanley to become chief strategic officer at the Chinese start-up AsiaInfo Holdings.
In 2004, Bao founded the investment bank, China Renaissance, which has advised on $26 billion of IPOs, mergers and other deals.
In February 2016, China Renaissance received FinanceAsia Achievement Awards for "Best China Deal" and "Best Private Equity Deal". The "Best China Deal" was for its role as the financial advisor for Meituan and Dianping's "strategic cooperation". Meituan-Dianping is China's largest group deals website, and in January 2016 it closed a $3.3 billion funding round, valuing the merged company at $18 billion. The company claims that this is China's largest ever funding round for a venture-backed Internet startup.
Personal life
Bao lives in Shanghai.