Ex-Partner at Joe Tsai’s Family Office Starts Fund
- Danny Lee looks to build team, raise money for private equity
- Rich Chinese families are looking to diversify their wealth
Danny Lee
Source: Hong Kong Trade Development CouncilThis article is for subscribers only.
Danny Lee, who previously ran private equity investments for the family office of Alibaba Group Holding Ltd. co-founder Joe Tsai, is seeking to raise about $200 million for his own fund targeting wealthy individuals looking to diversify their investments.
Lee, a private equity investor with over two decades of experience including stints at Blue Pool Capital and Bain Capital, started the Cayman-domiciled fund VCA Capital last year. The investment management team, which currently has a total of three staff including himself, is based in Hong Kong.