Hong Kong – 12 January 2017 – Hong Kong Cyberport Management Company Limited (Cyberport) is pleased to announce the appointment of Mr Marvin Lai as Cyberport’s new Chief Investment Officer with effect from early January. Serving as a strategic partner to the CEO of Cyberport, Mr Lai manages the Cyberport Macro Fund which helps the start-ups in Cyberport bridge the pre-Series A funding gap and cultivates investor relationships, in particular, fortifying the network of venture capitalists and angel investors. Mr Lai is also responsible for originating deals and managing portfolio of investments.
Mr Lai brings to Cyberport his 30 years of leadership and extensive financial services experience in venture capital and private equity, as well as technology expertise in the commercial, public and academic sectors. He has built strong connections with the start-up and financial industries and served on a number of advisory boards of investment and venture capital as well as science and technology associations, including Hong Kong Venture Capital and Private Equity Association, Hong Kong Business Angel Network, and the Monte Jade Science and Technology Association of Hong Kong.
Prior to joining Cyberport, Mr Lai held several senior management and consulting positions at investment companies, including iTM Ventures Inc, and Burgeon Group Consulting Ltd, where he made a profound impact on NGOs, start-ups, multinational corporations, and professional bodies.
“We are delighted to welcome Marvin on board. I am confident that his rich experience and strong relationship in the finance industry will strengthen Cyberport’s connection with investors to open up more funding opportunities for entrepreneurs to go after their ambition. We look forward to accelerating more investments with Marvin in the future,” said Mr Herman Lam, CEO of Cyberport.
“I am grateful for the opportunity to join Cyberport and support the development of a venture capital ecosystem for local digital tech start-ups to help them grow at various stages of their entrepreneurial development,” said Mr Marvin Lai, Chief Investment Officer of Cyberport. “Furthermore, I am excited to collaborate with our co-investors to create more funding opportunities to help entrepreneurs realise their dreams.”
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Cyberport is a creative digital community with over 800 community members. It is managed by Hong Kong Cyberport Management Company Limited which is wholly owned by the Hong Kong SAR Government. With a vision to build a legacy of entrepreneurial excellence that establishes Cyberport as a leading global innovation and technology hub, Cyberport is committed to facilitating the local economy by nurturing digital industry start-ups and entrepreneurs, driving collaboration to pool resources and create business opportunities, and accelerating digital adoption through strategic initiatives and partnerships. Equipped with an array of state-of-the-art tech facilities and a cutting-edge broadband network, the Cyberport community is home to four grade-A intelligent office buildings, a five-star design hotel, and a retail entertainment complex.