
WI Harper bolsters advisory board with Investcorp's Tung
The founding partner and Chairman of the Technology Investment Committee of Investcorp, Savio Tung, has joined the advisory board of Chinese expansion and early growth stage private equity firm, WI Harper, the firm announced.
Tung will reportedly advise WI Harper on building its investment platform, market trends, and associated strategies for investing in Asia and the US. Kai-Fu Lee, chairman of the WI Harper Advisory Board, said that Tung’s “intimate understanding of the unique business cultures in China and the US,” and that his relationships and experience in both geographies, would help WI Harper achieve its investment goals and those of its investees.
Founded in 1993, WI Harper Group is an expansion and early growth stage investment firm that focuses on companies with significant operations in China and aspirations to become global leaders. The group has completed over 100 investments in the technology, clean technology and health care sectors and manages $500 million in capital from offices in Beijing, Taipei and San Francisco.
Further reading
Latest News
Asian GPs slow implementation of ESG policies - survey
Asia-based private equity firms are assigning more dedicated resources to environment, social, and governance (ESG) programmes, but policy changes have slowed in the past 12 months, in part due to concerns raised internally and by LPs, according to a...
Singapore fintech start-up LXA gets $10m seed round
New Enterprise Associates (NEA) has led a USD 10m seed round for Singapore’s LXA, a financial technology start-up launched by a former Asia senior executive at The Blackstone Group.
India's InCred announces $60m round, claims unicorn status
Indian non-bank lender InCred Financial Services said it has received INR 5bn (USD 60m) at a valuation of at least USD 1bn from unnamed investors including “a global private equity fund.”
Insight leads $50m round for Australia's Roller
Insight Partners has led a USD 50m round for Australia’s Roller, a venue management software provider specializing in family fun parks.