Tsangs Group tweaks venture capital approach
Rapidly changing market conditions and a pandemic have led the Hong Kong-based family office to adapt its investing approach, its chairman said at the AsianInvestor Family Office Briefing.
Hong Kong-based single family office Tsangs group, which focuses on technology venture capital (VC) investments, has turned to more opportunistic plays in recent years amid rapidly changing market conditions.
Previously, when the group made venture capital investments, it used to look at investment horizons of five to seven years, Chairman Patrick Tsang said at a fireside chat at AsianInvestor’s Family Office Briefing held in Hong Kong on March 28.
“Now we want to exit basically…
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