The Cathay Group is widely recognized as one of the most successful private equity investors in China. Over the past twelve years, Cathay has completed in excess of 35 investments across numerous industries including consumer brands, infrastructure, distribution and media, as well as both light and heavy industry. Cathay's investment strategies have evolved over time in response to the development of the Chinese economy. At inception, Cathay invested primarily in privatizing state owned enterprises. As China's private sector has grown, Cathay has been at the forefront of investment in privately-held Chinese companies, the fastest growing segment of the Chinese economy.