In 2021, ASIA AURORA INVESTMENT CO., LIMITED increased its alternative asset allocation and continued to promote the layout of non-public market investments. The investment structure was further optimised and the scale, progress and quality of investments achieved good results and harmonisation. New committed investments in the non-public market continued to maintain double-digit growth, with the number and value of investment projects hitting record highs in previous years. Further deepened cooperation with outstanding fund managers (GPs) and actively promoted the full coverage of outstanding GPs and the selection and recruitment of new strategic funds. Identified sustainable investment directions in the non-public market, researched energy transition strategies and explored thematic investment opportunities. Strengthened and improved the construction of various systems for non-public market investments to better meet the needs of the rapid development of the Company's non-public market investment business.
In terms of private equity and private equity credit, in-depth research on the structural changes in the post-epidemic period and the evolution direction of the private equity market, and continuously optimize the fund portfolio structure; deepen the cooperation with GPs, expand the coverage of excellent GPs, and increase the establishment of strategies Cooperative accounts, new strategic funds for selecting excellent GPs and existing GPs; actively investing in private equity secondary market continuation funds, and deploying high-quality assets through innovative investment methods; continue to focus on technology, media and communications (TMT), medical care, and consumption Carry out investment activities in key industries such as services, high-end manufacturing, financial technology and services, deploy partners, and expand co-investment cooperation; further expand the depth of the industry, and actively explore investment opportunities in themes such as climate change, new energy, and software; assist GP portfolio companies to connect with China Markets and enterprises, explore the use of their own value creation capabilities, and strengthen benefit sharing with partners.
In terms of real estate, continue to give full play to the defensive characteristics and anti-inflation role of real estate, focus on the industry development trend and the characteristics of the asset cycle, and adhere to the core assets as the basis; pay attention to the long-term trend of the post-epidemic era, focusing on technological innovation and population development Assets invested in trends and ESG themes, expand the global partnership network, and actively capture investment opportunities brought about by market fluctuations under the impact of the epidemic in terms of investment strategies; focus on long-term market trends, strong cross-cycle capabilities, and better defensiveness under market fluctuations industry.
In terms of infrastructure, keep a close eye on market trends, do a good job in post-investment management and investment in new projects; closely monitor key projects. Maintain good performance; carry out in-depth research on the industry, continuously optimize and adjust investment direction and strategy, further balance the industry and regional distribution of the portfolio, and diversify project investment risks; appropriately increase investment in the Asia-Pacific region, and in digital infrastructure, power/ Investment in renewable energy, utilities and more.
In terms of resources and energy, closely monitor asset status, increase post-investment management, and do a good job in risk prevention; pay attention to investment opportunities hidden in energy transformation trends; orderly expand green energy investment exposure, and select relevant fields Excellent manager; in an environment where the cyclical trend of bulk commodities is upward in 2021, the resource commodity portfolio has achieved good performance this year.
In terms of large-scale agriculture, insist on research-driven, deeply cultivate the whole industry chain of large-scale agriculture; build an investment ecology, establish long-term partnerships with major investment institutions in the industry; deepen value creation and industrial docking, and cooperate with leading institutions at home and abroad Or enterprises jointly promote multiple co-investment projects to form the unique brand effect and competitive advantage of ASIA AURORA INVESTMENT CO., LIMITED.
In terms of bilateral funds, starting from the implementation of cooperation mechanisms and deepening value creation, etc., introducing invested companies to carry out industrial docking with the domestic market, promoting country-specific cultivation and industrial cooperation, and helping high-quality development of international investment cooperation.