Jaguar buys Brilliant Enterprise Management Consulting

Jaguar Growth Partners has acquired Brilliant Enterprise Management Consulting, a Chinese warehouse, distribution and logistics property company.

Jaguar Growth Partners has acquired Brilliant Enterprise Management Consulting, a Chinese warehouse, distribution and logistics property company. No financial terms were disclosed.

PRESS RELEASE

NEW YORK, March 10, 2020 /PRNewswire/ — Jaguar Growth Partners (Jaguar), a privately-held investment management firm focused on real estate companies and operating platforms in growth markets globally, announced the acquisition of Brilliant (Shanghai) Enterprise Management Consulting (Brilliant), a leading Chinese warehouse, distribution and logistics property company.

With this acquisition, Jaguar cements its first investment in China and establishes a strong presence in the burgeoning logistics sector. Brilliant is one of the most active logistics and warehouse property development companies in China, with 1 million square meters (10.8 million square feet) of gross floor area (GFA) under construction and over 1 million square meters in the pipeline. Brilliant’s current projects include Guangzhou Huadu Logistics Park, Chongqing Shuangkai Logistics Park, Jinshan Langxia Logistics Park, Kunming Logistic Park, Nanjing Jiangning Logistic Park, Shenyang Yuhong Logistics Park, Langfang Anci Logistics Park, Shanghai Jiading Logistics Park and Xuzhou Logistics Park.

Jaguar is partnering with Jason Lee, Han Chen, and Jason Hsu via JHJ Logistics Ltd (JHJ). JHJ is led by Mr. Lee, a 22-year veteran of The Carlyle Group, where he served as head of the firm’s Asia real estate platform, based in Hong Kong. Prior to the formation of JHJ, Messrs. Chen and Hsu were also executives with The Carlyle Group, based in Shanghai.

“The acquisition of Brilliant continues our successful track record of investing in the Chinese logistics sector, where we have developed and managed 2.8 million square meters across 26 projects since 2013,” said Jason Lee. “We are thrilled to join forces with Jaguar as we significantly accelerate the growth of Brilliant.”

“We are excited about Jaguar’s prospects in Asia, drawing from our history and relationships in the region,” said Gary Garrabrant, CEO of Jaguar. “We believe Brilliant is a differentiated logistics property company, ideally positioned to capitalize on the significant unmet tenant demand in China’s first and second-tier cities.”

The principals of JHJ, Jaguar’s partner, have previously raised and deployed over $2.4 billion in capital for real estate investments across Asia, including $1.2 billion of equity invested in China since 2004. They will assume leadership roles in Brilliant, which comprises experienced professionals with backgrounds in Chinese logistics and real estate development. Tony Li, who previously held executive roles at Goodman Group and Everbright Ashmore, will also join the Brilliant leadership team as Chief Operating Officer.

“We are privileged to join forces with Jason Lee and his partners in China, building the foundation for our business in Asia,” added Mr. Garrabrant. “We’ve successfully invested in logistics platforms on multiple continents and seek to extend our success with Brilliant.”

About Brilliant Enterprise Management Consulting
Brilliant Enterprise Management Consulting Co. Ltd. (“Brilliant”), founded in October 2016 in Shanghai, is an institutional-quality logistics warehouse supplier that focuses on the design, development, construction, leasing and investment in industrial and logistics facilities in China.

For further information, please visit: http://www.brilliantchina.cn/

About Jaguar Growth Partners
Headquartered in New York with affiliated offices in Latin America, Europe and Asia, Jaguar is a privately-held investment management firm focused on real estate companies and operating platforms. Founded in 2013, drawing from decades of experience, Jaguar actively collaborates with accomplished local entrepreneurs and leading institutional partners, to optimize both asset and enterprise value in the most compelling regions, countries and business sectors, globally.

With the Brilliant acquisition, Jaguar launched its inaugural fund dedicated to real estate opportunities in Asia. Jaguar currently manages two funds focused on Latin America, supported by investment offices in New York, Sao Paulo and Mexico City. Portfolio companies are active in five countries on two continents, and across multiple property sectors including logistics and corporate property, retail, hospitality and healthcare. Jaguar is a strategic partner and substantial minority equity investor in Jaguar Listed Property (“JLP”), an institutional investment manager of listed real estate companies globally. Based in New York, JLP has research offices in Amsterdam and Singapore.

Jaguar Growth Partners is a member of the Pension Real Estate Association, Emerging Markets Private Equity Association, Latin America Private Equity & Venture Capital Association and the Institutional Limited Partners Association.

Please see www.jaguargrowth.com for additional information.