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Karen Wang

Managing Partner

Karen Wang has over 24 years of experience in private equity investment and finance.  Ms. Wang worked with world leading financial institutions such as 3i Group, Actis and PwC. She holds a bachelor's degree in economics from Fudan University and a master's degree in investment from the University of Birmingham, UK. She is awarded as Top Investors by Chinese Venture, and among the first CFA Charterholders in China. 

Lan Wang

Partner/CFO

Lan Wang, member of the Chinese Institute of Certified Public Accountants (CICPA), has 25 years of experience in risk control and financial management in China and overseas. She previously worked with EY Hua Ming, PwC, Commonwealth Bank of Australia and Bank of China Singapore Branch. Ms. Wang holds a bachelor's degree in economics from Fudan University and an MBA degree from Shanghai Jiaotong University. 

Adam Yu

Partner

Adam Yu has 25 years of investment banking and private equity investment experience. He previously worked with Morgan Stanley, BNP Paribas and Sino-Ocean Group, covering cross-border M&A and IPO. Mr. Yu holds a bachelor's degree from Central University of Finance and Economis, and an MBA degree from the Chinese University of Hong Kong.  

Qinghe Yan

Venture Partner

Qinghe has 26 years of experience in engineering research management in large enterprises, business consulting at PricewaterhouseCoopers, and private equity fund investment, he is primarily engaged in investment consulting and financing operations in the circular economy field. Graduated from Shanghai Jiao Tong University, he has a deep understanding of the competitive advantages of international commodity trade.

Ben Cheng

Senior Advisor

Ben Cheng has 33-plus years of experience in private equity investment, banking and law, in greater China and the U.S.  He was a Partner at Actis and previously worked with world leading institutions such as Citicorp, BBH&Co., IFU, Emerging Markets Partnership and Lee & Li.   Ben holds master’s degrees from Yale University and the University of Pennsylvania and a bachelor’s degree from National Chengchi University in Taiwan.

Frances Huang

Venture Partner

Frances Huang has 18 years of experience in private equity. Ms. Huang previously worked as a partner at D.T. Capital, the Director of Public Policy with Warburg Pincus China, the President for China Private Equity and Venture Capital Association, a founding team member for Weber Shandwick’s China public affairs practice, etc.. Ms. Huang holds a bachelor’s degree from Beijing Normal University, and an MBA degree from La Salle University. 

Jian Liu

Venture Partner

Jian Liu has more than 24 years of experience in private equity investment and management. He has served as the deputy general manager of the M&A Department of CITIC Securities, Huashan Capital and Jingfu Collaborative Innovation Fund, focusing on core technologies. Mr. Liu has completed a number of investment in the communications and information technology sector. He holds a bachelor's degree in radio and EMBA, both from Peking University.

Tong Shao

Venture Partner

Tong Shao, CPA Australia, has more than 22 years of experience in corporate operation, investment, financial analysis and auditing. He has worked for Ernst & Young, Oracle, GLP (China), engaged in corporate consulting, and industrial mergers and acquisitions. Mr. Shao holds a bachelor's degree in financial mangament from Monash University, Melbourne.

Aminta Xiong

Managing Director

Aminta Xiong has more than 18 years of experience in private equity investment and M&A at home and abroad. She previously worked in Qingyun Ventures, PwC and other institutions. Ms. Xiong focuses on investment opportunities in the TMT and carbon-neutral sectors. She holds a bachelor's degree in Mathematics from the University of Waterloo, Canada, and an MBA degree from China Europe International Business School.

Cullen Liu

Managing Director

Cullen Liu, CICPA, has over 14 years of private equity investment experience. He focuses on investment opportunities in next-gen mobility and advanced manufacturing. Mr. Liu previously worked in Changan Capital and Roland Berger. He holds a bachelor's and a master's degree in Management from Renmin University of China. 

Peter Zheng

Investment Director

Focusing on investment in industrial intelligent manufacturing, automotive technology and other technology fields. He has more than 10 years of experience in equity investment and consulting services in the primary market. He has worked in KPMG, iResearch and Mr. Zheng holds a bachelor's degree in management from Jilin University.

Sophy Hou

Operations Compliance Director

Sophy Hou has 12 years of experience in operations compliance in the primary market. She worked with PRO Capital before joining Pagoda. She joined Pagoda in 2021, mainly in charge of operations compliance. Ms. Hou holds a bachelor's degree in international economics and trade from Nanjing University and a master's degree in international financial markets from the University of Southampton.

Ava Yao

Office Manager

Ava Yao has 10 years of experience in finance and administration. She previously worked with Bank of China, Industrial and Commercial Bank of China, and Agricultural Bank of China. She joined Pagoda in 2021, mainly in charge of administrative work and publicity.