DCP Cap to ride upgrade trend

DCP Capital, a private equity firm with investment focus on China, will exploit opportunities arising from the ongoing consumption upgrade as that fits in with the firm's long-term outlook and value-based investment orientation, according to the company's top management.

Led by David Liu, executive chairman, the DCP team has led a number of successful transactions. Over the past 25 years, it nurtured numerous industry leaders, such as Ping An Insurance, China Mengniu Dairy Co, Qingdao Haier Co, and Far East Horizon, among others.

"Our investments over the coming years will center around China's consumption upgrade. What 'consumption upgrade' means for different sectors of the economy - in fact, that is also changing over time. The desire for better food or household electrical appliances in 1990s is now comparable to the growing demand for better medical treatment and quality education," Liu said.