Following the acquisition of Hong Kong billionaire Adrian Cheng’s C Capital, Swiss-listed Youngtimers has appointed a chief executive officer.
Youngtimers has appointed Ben Cheng as CEO, according to a statement, succeeding Renger van den Heuvel. In the role, Cheng will be responsible for leading the company’s strategic direction and overseeing its continued growth and development.
The appointment follows the acquisition of C Capital Group, an investment business co-founded by Adrian Cheng, a Hong Kong billionaire and heir to jewellery giant Chow Tai Fook.
Business Plan
C Capital includes an investment management and advisory arm, headquartered in Hong Kong, which focuses on high-growth, Asia-originated companies. Its diverse portfolio includes renowned names such as Shein, NIO, XPeng, Lalamove, SenseTime, Agile Robots and CASETiFY. The acquisition also included 100 percent ownership of Jakota Index Portfolios, a New York and Tokyo-based index licensing and investment firm covering the Japan, Korea and Taiwan capital markets.
«We are planning to expand C Capital’s presence beyond Greater China and the US into broader markets across APAC and Europe. Looking ahead, we envisage to enter new markets in the Middle East, Singapore, Korea and Australia through C Capital, creating lasting value for our diverse stakeholders,» said Ben Cheng.
Youngtimers is a Swiss-listed small and mid-caps equity specialist headquartered in Basel.
