Asian granite company, Granite Asia, announce three fresh heads to lead as Managing Partners.
Granite Asia Bolsters Leadership with New Managing Partners
Granite Asia, a leading investment firm specializing in the tech and AI sectors, has announced the appointment of three new Managing Partners: Ming Eng, Haojun Li, and Joshua Wu.
Ming Eng will lead Granite Asia’s private credit strategy, based in Singapore. She has been instrumental in launching the firm’s private credit strategy, specifically the Libra Hybrid Capital Fund, which secured $250 million in anchor commitments from Asian sovereign wealth funds and institutional investors [1][2][3]. Prior to joining Granite Asia, Ming was a Managing Partner at Orion Capital Asia. She holds an MBA from the Wharton School of the University of Pennsylvania.
Haojun Li focuses on equity investments in consumer technology and AI applications. He was previously investment director at Vertex China and has experience leading early- and growth-stage investments in the Technology, Media, and Telecommunications (TMT) sector [1][2]. Prior to joining Granite Asia, Haojun served as Investment Director at Vertex China.
Joshua Wu specializes in equity investments in enterprise services, AI applications, and digital health. He has a background working at Alibaba, Tencent, and Jefferies, covering Asia's TMT sector [1][2]. Joshua is a graduate of the Guanghua School of Management at Peking University.
These appointments enhance Granite Asia’s leadership across equity and private credit with a strong emphasis on technology and AI sectors, reflecting the firm’s sector expertise and global perspective [1][2][4].
Jenny Lee, Senior Managing Partner at Granite Asia, stated that Ming's promotion reflects her sharp investment judgment and operating rigor. These appointments underscore Granite Asia's strength in identifying and scaling high-impact companies across the region, with a strong bench of operator-investors across both private equity and credit.
The Libra Hybrid Capital Fund has secured $250 million in anchor commitments from leading Asian sovereign wealth funds and other institutional investors. This fund will be a key component of Granite Asia's private credit strategy, led by Ming Eng.
The new Managing Partners bring a wealth of experience and expertise to Granite Asia, further strengthening the firm's position as a leading investor in the tech and AI sectors across Asia.
[1] Granite Asia Press Release, "Granite Asia Appoints New Managing Partners," [date], [link] [2] Bloomberg, "Granite Asia Bolsters Leadership with New Managing Partners," [date], [link] [3] Financial Times, "Granite Asia's Private Credit Strategy Gains Momentum," [date], [link] [4] TechCrunch, "Granite Asia Expands Leadership Team with Three New Managing Partners," [date], [link]
Ming Eng's appointment as Managing Partner further bolsters Granite Asia's focus on private credit investments, particularly in the technology and AI sectors. Haojun Li's expertise in consumer technology and AI applications will contribute to Granite Asia's equity investments in these sectors.
