ARC Capital Holdings was set up to target both unlisted and listed companies that engage in retailing, provide services that support the retail industry (such as consumer finance, distribution and logistics), manufacture or distribute consumer products or services, develop or manage property with a focus on retailing, and other retail and consumer-related companies. At least 70% of those companies were to have been in China with the balance in the greater China region.
On 31 January 2012 the fund adopted a realisation strategy and is in the process of selling its assets and returning the proceeds to shareholders.