In December 2024, the Insurance Asset Management Association of China (IAMAC) released its annual evaluation results for private equity investment fund managers managing insurance capital. DCL Investments was once again awarded the highest rating—A-Class—marking the fifth consecutive year it has received this distinction since 2020. In this evaluation, DCL received ratings from 24 insurance institutions, with all scores—including institutional ratings, individual indicator scores, and overall performance—exceeding 90 points.
The assessment evaluated 189 private equity fund managers handling insurance capital investments. Based on regulatory policies for insurance-funded private equity investments and industry needs, the evaluation covered 41 sub-indicators across nine key dimensions: corporate governance & investment team, management systems & processes, risk management, scale & performance, post-investment management, legal & regulatory compliance, insurance collaboration, incentives & accountability, and information reporting & disclosure. Twelve compliance-related indicators followed a deduction-based system, with a maximum deduction of 40 points.
Per the evaluation rules, results were categorized into four tiers:
- A-Class (score ≥80, limited to top 50% of participants): 126 managers
- B-Class (score ≥70 but below A-Class threshold): 54 managers
- C-Class (score 60–69): 3 managers
- D-Class (score <60 or non-compliant with regulations): 2 managers
The DCL team remains committed to its principles of “focus, expertise, continuous learning, and evolution,” maintaining a disciplined and transparent approach to capitalize on investment opportunities and deliver stable, risk-adjusted returns for investors.