Private equity firm
Founded by former Goldman Sachs partner Fred Hu. Portfolio companies include Yum China, Alibaba and Bytedance (TikTok's parent company).
Company Assessment
(Last updated Feb 2026)
Praise
Criticism
Information
Primavera Capital Group
Praise
Criticism
Information
UN Principles for Responsible Investment signatory
UNPRI is a set of six principles direct institutional investors may adopt to consider environmental, social and corporate governance issues when investing. UNPRI is a voluntary agreement.
Source: UNPRI
(2026)
Company Details
Type:
Private company
Founded:
2010
Subsidiaries:
Vitaco Holdings Ltd
(40% owned)
Health food, supplements and sports nutrition
Vitaco began in 2007 when two Australasian health & wellness companies merged: Nutra-Life and Healtheries. Bought Bodytrim in 2014 and Musashi in 2015. Next Capital acquired a majority stake in 2007 and floated Vitaco on the ASX in 2015. Soon afterwards the company was acquired by Shanghai Pharmaceuticals and Chinese investment firm Primavera Capital.
Musashi Pty Ltd
Health and sporting supplement makers
Acquired by Vitaco Health in 2015. Owned by Nestle from 2005-2014.
Contact Details
Products / Brands
Vitaco (40% owned)
Abundant Earth
Milk Flavouring
★ certified organic
Abundant Earth
Health Foods
Athena
Sports Nutrition
Aussie Bodies
Sports Nutrition
Balance
Sports Nutrition
Bodytrim
Weight Loss
Healtheries
Health Bars
Healtheries
Health Foods
Healtheries
Tea
Musashi
Sports Nutrition
Musashi
Weight Loss
Musashi Energy
Energy Drinks
Nutra-Life
Vitamins