Rich Gen-Y Asian kids pool family fortunes to build venture fund - News Summed Up

Rich Gen-Y Asian kids pool family fortunes to build venture fund


Her father Lau Boon Ann built his fortune in real estate and by investing in companies like Top Glove Corp, which became the world’s biggest rubber-glove maker. In Southeast Asia, RHL has positioned itself between early-stage venture capitalists and large institutional investors such as Temasek Holdings Pte. Summer CampRHL’s partners represent a new generation of wealthy Asians who are breaking away from the traditional family business to make their own mark. Leong helped structure debt products at Hong Leong Investment Bank, before joining his family’s real-estate business to learn about allocating capital to strategic projects. As well as their family fortunes, the four partners bring experience of upbringings in dynasties that valued hard work, tradition and dedication.


Source: The Edge Markets March 06, 2017 03:11 UTC



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