Family Offices in Hong Kong

Black Spade Capital Limited is the family office of entrepreneur Lawrence Ho, Chairman of Melco Resorts & Entertainment. Headquartered in Hong Kong, the firm manages a diversified global investment portfolio spanning public equities, fixed income, real estate, and Pre-IPO opportunities. The firm led a notable $23 billion merger with VinFast Auto Ltd. through its SPAC, Black Spade Acquisition Co., in August 2023. It also invests strategically across sectors including medical technology, entertainment, green energy, and culture, establishing a solid presence in both emerging and developed markets. Black Spade Capital actively promotes the development of family offices in Hong Kong by supporting favorable government policies and participating in global events such as the BEYOND Wealth Summit. Its approach combines innovation, diversification, and a strong commitment to sustainable long-term growth. As of 2025, Lawrence Ho’s personal net worth stands at approximately US $1 billion, a significant decline from prior years. This estimate comes from Forbes’ assessment of the Hong Kong 50 Richest list, where Ho dropped off the ranking in February 2024 after his wealth fell from about $1.4 billion to roughly $1.0 billion over the preceding year

Blue Pool Capital is a Hong Kong-based multi-strategy investment firm established in 2004 by Joe Tsai, co-founder and Chairman of Alibaba Group. The firm serves as Tsai’s family office, managing his personal wealth alongside that of other senior Alibaba executives and long-term partners. Operating with a global investment mandate, Blue Pool Capital deploys capital across a diverse range of asset classes, including public equities, private equity, venture capital, real estate, and alternative assets. The firm is known for its selective investments in high-growth sectors such as technology, media, consumer products, and financial services. Notably, Blue Pool has made strategic investments in sports franchises and luxury brands, including a 12% stake in Italian sneaker maker Golden Goose. Licensed by the Hong Kong Securities and Futures Commission for Type 9 (Asset Management) activities, Blue Pool Capital maintains a discreet yet influential presence in global markets. With a lean team of approximately 37 professionals, the firm emphasizes long-term value creation and strategic partnerships, leveraging its deep expertise and networks to identify and capitalize on investment opportunities worldwide.

Celeres Investments is a distinctive family office that operates with a hands-on investment philosophy, actively partnering with businesses beyond merely providing capital. Since its first major investment in 2012, the firm has focused on direct investments in companies demonstrating early market traction, particularly in B2B enterprise software and consumer brands. They also strategically invest in partner funds with aligned goals. Celeres Investments is known for its commitment to achieving successful outcomes, often providing multi-round funding and doubling or tripling down on capital and time when conviction plays out.The firm's investment journey began in 2012, establishing itself as a non-conformist family office. Celeres Investments differentiates itself by leveraging a team of seasoned operators and ex-private equity strategists to deliver operational expertise, market insight, and unwavering guidance. This approach ensures active partnership and support for ambitious founders, drawing on deep experience in scaling businesses to successful outcomes.Celeres Investments boasts a diverse portfolio with notable companies such as Harbinger Motors, focusing on electric vehicle chassis for commercial fleets, and Gori AI, a rapidly growing cross-border logistics company. Their investments also include Wingstop UK, a successful chicken wing franchise, Acceptto in identity access management, and Jaja Finance, a consumer credit card and financial technology firm. Other key portfolio companies include Pagaya, an AI-powered lending platform, Obrizum Group in adaptive learning AI, AnyVan in logistics technology, SKIMS in retail apparel, StrataVision for retail analytics, Phantom AI in automotive ADAS, Lifelong Labs in consumer durables, and Studious in operational living real estate.The team at Celeres Capital Advisors brings together a blend of operational and strategic expertise. Pathiq Trivedi, as Managing Director, leads strategic advisory initiatives across alternative investments, with a background spanning real estate development, private equity, and various sector-focused growth strategies. Rishad Abraham, the Portfolio Manager, leads investments across venture capital and private equity, with prior experience in strategy consulting and private equity due diligence. Amber Hillman provides crucial executive support as a highly experienced Private Personal Assistant, ensuring seamless operations for the firm.

Full Vision Capital is a private family office that operates as a catalyst for positive change, focusing its investments on smart energy solutions and innovative environmental technologies. The firm is dedicated to shaping a greener and more sustainable future by investing in an expansive portfolio of green-economy ventures. Beyond capital provision, Full Vision Capital acts as an entrepreneur for entrepreneurs, offering insights, advice on industry development, and fostering management transformation. They also guide companies from research and development to production, covering product strategy, team building, supply chain optimization, cost reduction, and marketing.The firm was established by Dr. Peter Lee Ka-kit, who founded this private family office with a strong belief in human ingenuity and the power of impactful investing. Dr. Lee's vision for Full Vision Capital is to be a beacon of hope in addressing pressing environmental challenges by identifying and realizing game-changing ideas and businesses. He emphasizes that true innovation lies at the intersection of technology and impact. While the legal entity "FULL VISION CAPITAL LIMITED" was incorporated in Hong Kong in 2024, the firm's operational philosophy and activities, including incubating companies, are stated to have a history spanning a decade, with its tenth anniversary celebrated in 2024.Full Vision Capital has a proven ability to build and incubate unicorns, helping them achieve significant valuation upside from inception. Their portfolio includes companies that have become top producers of sustainable aviation fuel (SAF), best-in-class energy storage technology companies, and leaders in RISC-V software and hardware. They have also supported a leading smart kitchen solution provider with an 80% market share in Hong Kong and a leading distribution solar operator in Hong Kong. A recent notable investment is leading a USD 300 million Series B+ financing round for EnerVenue, an energy storage tech company. The firm also co-introduced the TERA-Award Smart Energy Innovation Competition in 2021 with Towngas to advance green economy development.The Full Vision Capital team is inspired by Dr. Peter Lee's passion and ambition, pushing boundaries in invention and championing pioneering practices for a better future. The leadership includes Dr. Peter Lee as Principal, Dr. Martin Lee and Dr. Colin Lam as Honorary Chairmen, and Alan Chan as Managing Partner. The team comprises experienced professionals across various functions, including Chief Strategy Officer Andrew Fung, Chief Communications Officer Cynthia Leung, Managing Directors Jerry Hu, Kathy Leung, and Heron Ho, General Counsel Elsa Wong, and several Directors and Vice Presidents. This diverse expertise enables the firm to provide comprehensive support to its portfolio companies.

HCL Capital is a single family office based in Hong Kong, representing a Malaysian family with diverse business interests. The firm focuses on preserving wealth and creating impact through its investments. It maintains a diversified portfolio with a significant emphasis on real assets, driven by both ESG (Environmental, Social, and Governance) considerations and financial returns. HCL Capital primarily invests across sectors such as healthcare, technology, real estate, agri/food tech, fintech, and materials.Established in 1987, HCL Capital serves as the family office for a Malaysian family whose core business interests are concentrated in agriculture and real estate, particularly in Sabah, located at the tip of Borneo. Beyond managing a diversified investment portfolio, the family office also provides essential administrative and estate planning support to its family members.While HCL Capital manages a broad portfolio, specific details on individual portfolio companies are not extensively publicized, which is common for family offices. However, reports indicate investments in companies within the Asset Management, Hotels and Resorts, and Restaurants, Hotels and Leisure industries, including entities like ICICI Prudential Asset Management, ITC Hotels, and Flow Travel. The firm has also been noted for making investments in both private equity and seed-stage companies.As a single family office, HCL Capital's investment strategy and operations are guided by the expertise and long-term vision of the Malaysian family it represents. The firm's approach is characterized by a commitment to diversified asset management and a focus on real assets, reflecting the family's foundational business success in agriculture and real estate. The team leverages this deep-rooted industry knowledge to identify and cultivate investments that align with their wealth preservation and impact creation objectives.

JMCR Partners operates as an investment firm, primarily functioning as a family office that manages the private assets of its founder's family and close relations. The firm, also known as JMCR Family Office, deploys capital through affiliated vehicles like JMCR Capital and JMRE. Their investment strategy focuses on private equity, quantitative strategies, and real assets. They have a particular interest in life sciences and technology ventures, aiming to identify and support promising ventures across various stages of development.Established in 2013, JMCR Partners was founded by biotech entrepreneur Jun Mao. The firm's inception was driven by the need to manage the Mao family's global assets, expanding to include investments for close relations. It operates with the philosophy that effective asset management for others stems from first successfully managing one's own, building a foundation of trust and expertise.JMCR Partners has made several investments, with a portfolio that includes companies such as Eubulus Biotherapeutics, Tekeluo Biotech, Viva Biotech, Riparian Pharmaceuticals, and Bonti. Their investments have spanned various stages, including early-stage venture capital and Series B rounds, particularly within the biotechnology and life sciences sectors. The firm typically invests in deals ranging from 1 to 10 million dollars.The firm's team includes its founder, Jun Mao, a seasoned biotech entrepreneur. JMCR Partners has cultivated a stable network with an elite team across its offices in Hong Kong, London, and Boston, leveraging their collective expertise in private equity and quantitative investment strategies to drive successful outcomes for their portfolio companies.

Junson Capital is a multi-billion-dollar single-family office headquartered in Hong Kong, founded in 2013 to oversee the assets of Longfor Group co-founder Cai Kui. The firm invests globally across real estate, credit, public markets, venture capital, and private equity, with offices in Hong Kong, New York, Singapore, and Palo Alto.

LI Family Office is a single-family office based in Hong Kong, established in 2008. The firm is dedicated to managing the wealth of the Li family, with a history rooted in private investments across real estate, technology, and financial services. They operate with a global investment mandate, deploying flexible capital across various asset classes and stages of development.The firm's investment strategy emphasizes active involvement, including participation in fund management and investments with strategic relevance. A core focus is on sustainable investments that aim to improve the quality of life at scale, providing returns for current and future generations while benefiting society. They frequently co-invest with other family offices, funds, and private investors to leverage expertise and expand investment and exit opportunities.LI Family Office primarily targets financial systems and sustainability-related sectors. Their diverse portfolio interests include food and agriculture, energy, materials, logistics, financial technology, education, health, and smart city solutions. While their real estate investments are primarily considered in distressed situations, their broader sector experience also encompasses clean technology, retailing, and TMT (Technology, Media, and Telecommunications).The executive management team actively manages the assets. Simon Littlewood is noted as a Director and Partner at LI Family Office, bringing over 30 years of experience in founding, investing in, building, and advising businesses globally, with significant expertise in private equity, fund management, and investment across Europe, Africa, North America, Latin America, the Middle East, and Asia. He is recognized for his work in the sustainability sector, having invested in this area since the early 1990s.

Mousse Partners is the investment division of Mousse Investments Limited, functioning as the single-family office for the Wertheimer family, who are the owners of the luxury fashion house Chanel. The firm manages a global, diversified portfolio with a long-term investment horizon, allocating capital across both public and private markets. They engage in a broad range of asset classes, including private equity, venture capital, real estate, and credit investments. Mousse Partners values deep and collaborative relationships, partnering with select external investment managers and also investing directly alongside high-quality management teams, entrepreneurs, and other institutional investors.The firm was founded in 1991 by Charles Heilbronn, a Chanel executive and half-brother to Alain and Gérard Wertheimer, the current owners of Chanel. Its primary purpose was to structure and manage the fortunes of the Wertheimer family and Chanel itself. Mousse Partners was originally a subsidiary of Mousse Investments Limited until a merger in December 2018, after which it became the investment division of the holding company.Mousse Partners has made numerous notable investments across various sectors. Its portfolio includes companies such as CAVA, a fast-casual Mediterranean restaurant chain; Whoop, a provider of wearable technology for health and fitness; Tonal, an AI-based digital home gym system; and Brightside Health, a virtual mental healthcare platform. Other significant investments include Epigamia, an online brand of healthy food products; Thirty Madison, a healthcare platform; and Nature's Fynd, a provider of fungi-based dairy products. The firm has seen several of its portfolio companies achieve unicorn status, such as Tonal and Whoop, and has also experienced successful acquisitions and IPOs, including CAVA.The team at Mousse Partners comprises experienced professionals with backgrounds in private equity, venture capital, and investment banking. Key individuals include Charles Heilbronn, the founder and chairman, and Arthur Heilbronn, a managing director. Michael Schultz serves as the Chief Financial Officer, while Megan Bethke is the Managing Director and Head of US/Europe Private Equity Funds. Paul Yun is another Managing Director, co-heading Private Equity and Venture Direct Investing. The firm's investment culture is influenced by the Wertheimer family's extensive experience as operators and owners of Chanel, leading to an emphasis on strong business fundamentals, brand strength, and management quality in their investment evaluations.

Tedder Office is a private family office based in Hong Kong, dedicated to managing a diverse portfolio of investments across various sectors. The firm strategically deploys capital into both established and emerging companies, demonstrating a broad investment mandate that spans technology, real estate, consumer goods, and life sciences. Their approach focuses on identifying innovative businesses and unique assets with significant growth potential.Founded in 2010, Tedder Family Office, previously known as Tedder Capital, originated in the UK before establishing its current base in Hong Kong. The firm operates as a single-family office, indicating a focus on managing the wealth and investments for a specific family, often with a long-term investment horizon and a flexible approach to asset allocation. This structure allows for bespoke investment strategies tailored to the family's objectives and values.The firm's investment portfolio showcases a wide array of interests. Notable holdings include The Hive/the Flexi Group, a prominent network of coworking spaces in Asia, and FlyPharma Biologics, a company involved in biomanufacturing. Their real estate ventures are significant, with investments in luxury private villa collections like Island Earth and several luxury estates and holiday rentals in Puglia, Italy, such as Masseria Petrarolo, Trullo Petrarolo, and Masseria Pistola. In the consumer sector, they support businesses like Thurstan (interior design) and Buddy Bites (pet food delivery). Tedder Office also backs technology-driven companies, including SAGA Robotics, which develops autonomous agri-robots, and NeuroGym, an AI learning coach. Additionally, they support Earth.Org, an initiative focused on environmental issues.While specific details about the individual team members and their backgrounds are not publicly available, the breadth and nature of Tedder Office's investments suggest a team with expertise in diverse fields, including venture capital, real estate development, technology, and impact investing. The firm's presence in Hong Kong positions it within a dynamic Asian market, while its portfolio demonstrates a global outlook with investments in Europe and a focus on innovative solutions across industries.

Woo Hon Fai Group is a single-family office based in Hong Kong, managing the wealth of the late Woo Hon Fai. The firm operates with a global mandate, employing a stage and sector-agnostic investment philosophy. They focus on identifying and partnering with leading fund managers globally, emphasizing risk-adjusted returns and long-term patient capital. Their investment activities span various asset classes, including hedge funds, private equity, and venture capital, reflecting a diversified approach to wealth management.The origins of the Woo Hon Fai Group trace back to 1950, the year Woo Hon Fai founded Lee Cheong Gold Dealers Limited in Hong Kong. He was a prominent figure in the financial landscape, serving as the president of the Hong Kong Gold & Silver Exchange Society for 15 years, during which he significantly contributed to developing Hong Kong into a major global gold market. The family office was established to manage the substantial wealth accumulated through these ventures, continuing his legacy of diligence and strategic investment.The firm's portfolio includes both fund investments and direct investments. While specific direct portfolio companies are not extensively detailed publicly, they have invested in entities listed on the Stock Exchange of Hong Kong (SEHK) and OTCQX. The group's investment interests are broad, encompassing areas such as real assets, financials, real estate, and commodities. Notably, the firm has shown interest in emerging technologies, with investments in companies leveraging artificial intelligence and blockchain.Leadership of the Woo Hon Fai Group is currently held by Darrin Woo, the eldest grandson of the late Woo Hon Fai. As Managing Director, Darrin Woo oversees the family office's extensive investment activities, with a particular focus on originating, selecting, and managing investments across hedge funds, private equity, and venture capital. His expertise guides the firm's strategy in navigating diverse market opportunities and upholding the family's long-standing investment principles.