Emerald Hill North Asia head to set up China fund-of-funds
Wednesday, November 26, 2014
(AVCJ by Allen Lee) – Tommy Yip, partner and head of North Asia at Emerald Hill Capital Partners, has resigned from his position. He is expected to form a new China-focused fund-of-funds.
According to sources familiar with the situation, Yip's partner in his new venture will be Low Kah-Fai, executive director of Eagle Asia Partners, another Asia-focused fund-of-funds. The venture will be backed by an unnamed strategic investor and back funds investing in China's "new economy," notably technology, media and telecom and also healthcare.
