Fan Bao

Fan Bao (born 1969/1970) is a Chinese investment banker, the chairman and CEO of China Renaissance, which he founded in 2004.

Fan Bao
Born1969/1970 (age 51–52)[1]
CitizenshipChinese
Alma materFudan University
Norwegian School of Management
OccupationInvestment banker
Known forFounder, chairman and CEO China Renaissance

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.[2] He went to high school in the US.[3]

He received degrees from Shanghai's Fudan University and the Norwegian School of Management.[3][1]

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.[3][4]

In 2004, Bao founded the investment bank, China Renaissance, which has advised on $26 billion of IPOs, mergers and other deals.[5]

In February 2016, China Renaissance received FinanceAsia Achievement Awards for "Best China Deal" and "Best Private Equity Deal".[6] The "Best China Deal" was for its role as the financial advisor for Meituan and Dianping's "strategic cooperation".[6] 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.[7]

Personal life

Bao lives in Shanghai.[5]

References
  1. "Fan Bao - Biography". 4-traders.com. Retrieved 2 February 2016.
  2. "Upstart Bank in China Rides High on Technology I.P.O. Crest". The New York Times. Retrieved 2 February 2016.
  3. "Mr. Fan Bao, interviewed by China Daily_China Renaissance". Huaxing.com. Retrieved 2 February 2016.
  4. "Fan Bao". LinkedIn. Retrieved 2 February 2016.
  5. William Mellor (11 May 2015). "Chinese Investment Banker Fan Bao Searches for Next Jack Ma - Bloomberg Business". Bloomberg.com. Retrieved 2 February 2016.
  6. "China Renaissance Wins "Best China Deal" and "Best Private Equity Deal" in FinanceAsia's Achievement Awards 2015 - Yahoo Finance". Finance.yahoo.com. Retrieved 2 February 2016.
  7. "Meituan-Dianping, China's Largest Group Deals Site, Closes Massive $3.3B Round At $18B Valuation". TechCrunch. 20 January 2016. Retrieved 2 February 2016.
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