Billionaires’ Family Office Starts AI Fund With Ex-SenseTime MD
- 3Capital targets opportunities in artificial intelligence
- Hong Kong billionaires committed half of the new fund
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A money manager to some of Hong Kong’s richest people is teaming up with a former executive from China’s SenseTime Group Inc. to look for early-stage investments in artificial intelligence.
VMS Group, a multifamily office with more than $4 billion in assets under management, jointly started the venture 3Cap AGI Fund earlier this week with Esther Wong, who spent more than five years running strategic investments as a managing director at Chinese AI giant SenseTime.