Cherng Family Trust

The Cherng Family Trust is a multi-generational family office and investment firm established in 2001 by Andrew and Peggy Cherng, the founders of the Panda Express and Panda Restaurant Group. The firm employs a long-term, flexible, and sustainable approach to wealth management, focusing on direct private equity and fund investments across a diverse range of industries. They are also significantly involved in actively operating and investing in a substantial real estate portfolio.

Founded in 2001, the Cherng Family Trust was created to manage the wealth and investments of the Cherng family. Andrew and Peggy Cherng, known for building the global Asian dining empire Panda Restaurant Group, extended their entrepreneurial spirit into the investment world. The firm's activities encompass administration, finance, investments, legal matters, and charitable endeavors, all aimed at fostering growth, generating sustainable returns, and contributing to communities.

The firm's investment strategy includes direct private equity, venture capital, and co-investments across various sectors. Their real estate division, CFT Real Estate, provides comprehensive services including acquisition, asset and property management, new development, construction, and leasing for a diverse portfolio. This portfolio spans retail, office, industrial, hospitality, multi-family assets, and developable land both within the US and internationally. Notable investments include stakes in the Portland Trail Blazers NBA team, real estate assets of The Cosmopolitan of Las Vegas, and an office building in Cypress, California.

The Cherng Family Trust is supported by experienced professionals who oversee its various functions, from financial reporting and tax strategies to legal guidance on joint ventures and business acquisitions. The firm's commitment to its values of commitment, family, trust, excellence, and giving guides its investment decisions and its efforts to develop associates and invest in communities.