BE Capital
Private Equity Investment and Asset Management
Private Equity
BE Capital is the private equity investment arm of Baron Corporation, focused on strategic investments across real estate, infrastructure, and climate-related opportunities in Asia and beyond.
BE Capital Investment Philosophy
Our investment approach is grounded in three core principles:
Investment in Companies
We target companies with high-quality operating businesses but low-quality balance sheets, primarily through the purchase of distressed securities. This contrarian approach allows us to unlock value where others see only risk.
Investment in Management
We invest in capable management teams, partnering with leaders who will manage, operate, and control a majority interest in their company. Our role is to provide capital, strategic support, and operational discipline.
Investment in Businesses
We seek businesses with solid assets, strong cash-flow structures, and defensible leadership positions—whether through dominant market share, unique products, robust distribution channels, or secure market niches.
Our equity partner (GP) for many of our investments in China is New China Trust, one of the largest Trust companies in China.
Various USD and RMB Fund Limited Partnership (LP) has been set up in China with Provincial-Local Government as an investment partner for pre-IPO investment.
Our funds target offshore holding real estate acquisitions and value-added investment opportunities.
Investments Investment Focus
Our funds target offshore holding real estate acquisitions and value-added investment opportunities, with a particular emphasis on:
- Reviving non-performing assets through strategic repositioning
- Acquiring landmark projects with long-term value potential
- Serviced apartment accommodation and purpose-built living solutions
- Carbon removal and climate-related investments
Our Approach
We are architects and investors. This dual perspective informs everything we do. Beyond financial metrics, we apply design thinking to enhance asset performance, operational efficiency, and long-term resilience. Our unique ability to bridge design principles with financial engineering has made us a trusted partner to Fortune 500 companies, State-owned enterprises, and government entities across Asia.
Shanghai Hongkou Fund
RMB 500m with Shanghai Hongkou local government as LP investment partner.
Henan Xinxiang Fund
RMB 1 billion with local government as LP investment partner.
Jiaxing Fund
RMB 800m with local government as LP investment partner.
Recent Private Equity investments undertaken by Baron Buildings:
Project Title 1
Real estate investment with New Century Trust International Co. Ltd focused on cash flow generating assets in Beijing and Shanghai.
Project Title 2
Real estate investment with Shanghai listed company for development projects in Guangzhou.
Project Title 4
Real estate investment and development with a subsidiary of Beijing based Zhengde (Dragon) Life Insurance, focused on turnkey commercial development near Beijing DaXing nternational Airport.
Project Title 5
Preferred equity with Shanghai Industrial Equity Investment Management Co. Ltd for serviced apartments on the waterfront in Hongkou, Shanghai.