Fang and Ong were previously senior executives at Goldman Sachs while Ho was former head of KPMG China.
By then Hopu was able to source deals in China establishing a record that many international firms were unable to replicate.
[4] In November 2013 after a two-year hiatus, Hopu returned to the private equity scene by raising a $2 billion for its second fund.
[9] In February 2014, Hopu led a consortium to arrange a private placement of $2.1 billion in new shares issued by GLP’s China operation.
[10] In July 2017, Hopu led a consortium of investors including Hillhouse Investment, Vanke and Bank of China bought won a bid to take GLP private by buyout.