the key members of our team
and their roles

Board of Directors AND SENIOR MANAGEMENT

Patrick Macdougall Chairman

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Mr. Macdougall has over 45 years experience in financial services and general management. He was the Group Executive Director of Standard Chartered Plc, Chairman and Chief Executive of West Merchant Bank; and Chief Executive of Amex Bank. He has also spent 8 years in Hong Kong and Greater China as Executive Director of Jardine Matheson Group, in charge of the Financial Services portfolio and operations in the US, Australia and the Middle East. Mr. Macdougall graduated from University of Oxford and is qualified as both a barrister and a chartered accountant. He is a British citizen and resides in the UK.

Jacky Chau Vice Chairman

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Mr. Chau has over 30 years experience in financial services in Greater China, specialising in listed securities dealings, corporate finance, and investment advisory. He held senior management positions with a number of regional institutions such as Chintung Group, Chung Nam Securities and Commodities, Chelac Investment Company Limited, and C.K. Grandfield (Holdings) Limited. Mr. Chau graduated from the University of Toronto with a Bachelor’s degree in Commerce.

John Croft Chief Executive Officer

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Mr. Croft has extensive experience of the AIM market at London's Stock Exchange having assisted a number of companies from South East Asia and Australasia in raising Pre IPO finance in London and preparing for listings on the London exchanges.  He was recently Chairman of e-pay Asia Limited the largest e-payments company in SE Asia.  Mr. Croft has been a Director of CPE since 2008 and has also chaired the company's audit committee.  Mr. Croft previously held senior Director level positions in Racal Electronics and NCR Corporation, following an early career in banking with HSBC and Grindlays Bank.  Mr. Croft is a British citizen and resides in the UK.

Ernest Wong Executive Director

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Mr. Wong has extensive experience in venture capital, corporate finance, business development, legal, IT, financial and general management. His successful track record in venture investment includes investing in Computer & Technologies (HKSE 0046), which delivered a ten fold capital return with in three years. He was also one of the key team members involved in executing a US$2.2 billion financial restructuring and asset injection of Dongshen Water Supply Project in Guangdong Investment Ltd (HKSE 0270), which earned several acclaimed awards, including the "Best Restructuring Deal in Asia in 2000". Moreover, he carried out a major spin-off in ASTRI with IRR of more than 150%. Before joining CPE in 2008, Mr. Wong was the Chief Financial Officer for ASTRI and held management responsibilities for ASTRI's overall financial, legal, IT, business development and corporate finance functions, with an annual budget of over HK$350M. Before joining ASTRI in 2002, Mr. Wong was vice president for Vertex Management, focusing in venture investment in communications, IT and electronics sectors. Previously, he was the Head of Department of Guangdong Investment Ltd as well as the Executive Director of its listed subsidiary. He has also held various management positions in Transpac Capital and Andersen Consulting (now called Accenture).

Mr. Wong earned his B.B.A. degree from the University of Hong Kong, received his MSc in investment management from the Hong Kong University of Science and Technology and MSc in Electronic Engineering from the Chinese University of Hong Kong. Mr. Wong is a fellow member of the Hong Kong Institute of Certified Public Accountants and the Association of Chartered Certified Accountants, UK; and is an associate member of the Institute of Chartered Accountants in England and Wales. He is also a charter-holder of Chartered Financial Analyst, US and a member of Hong Kong Security Institute, HK.

Hanson Cheah Non-Executive Director

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Mr. Hanson Cheah has over 18 years of technology management and venture capital investment experience in Asia. Mr. Cheah was a co-founder of AsiaTech Ventures in Hong Kong managing over USD 180million in technology investments since 1998, working closely with corporate investors such as Sun Microsystems, NTT DoCoMo, and Fujitsu. Prior to founding AsiaTech, Mr. Cheah was the Indonesian Country Manager and Regional Portfolio Manager for private equity firm Transpac Capital and was the Chairman of Venture Capital Association in Hong Kong in 2004-2005. Mr. Cheah holds a BS and an MS in Mechanical Engineering from the Massachusetts Institute of Technology and a Certificate in Management Science from Stanford University.

Duncan Chui Chief Investment Officer

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Mr. Chui is an experienced investor and business manager for direct investment and private equity ventures in Asia. He is the founder and CEO of China Private Equity Investment Holdings Limited (“CPE”) and the President of Fortel Technology Holdings Limited, an anchor investment of CPE founded by Mr. Chui which operates as an one-stop infrastructure for internet content and media providers to distribute electronic content in China.

Mr. Chui began his career as a management consultant with Andersen Consulting and A.T. Kearney, advising financial institutions, regulators, utilities companies, telecommunications operators and manufacturing outfits across Asia on the development of strategic business plans, China market entry strategies, IT strategies, to redesign core business processes, and the implementation of key information systems. Mr. Chui has became one of the earliest venture capital fund managers in Asia when he joined Transpac Capital Group in the late 1990s to focus almost exclusively on software, IT services and the internet sector. Mr. Chui was responsible for managing Transpac’s IT portfolio in Hong Kong and China and has since developed a strong network with venture capital funds, technical managers, and business entrepreneurs in the region. Computer & Technologies (HKSE 0046), IIN International (HKSE 8128) and Alibaba.com (HKSE 1688) feature on Mr. Chui’s successful investment track record as a venture capitalist.

His hands-on approach to remaining involved in all of his portfolio companies proved so successful that he was invited by Hong Kong listed Sino Katalytics Investment Corporation (“SKIC”)(HKSE 2324) to turn around a loss making equity and technology portfolio, and grew the company to four times its asset value in 3 years. Currently he is also the Chairman of SKIC. Mr. Chui received a Bachelor of Science degree (Applied and Engineering Physics) and a Master of Engineering degree (Operations Research and Industrial Engineering) from Cornell University in 1991 and 1992 respectively.

Alex Ka Wo Chow Chief Financial Officer

Mr. Chow is an economist whose previous listed-company experience includes more than five years as an Executive Director with Sino Katalytics Investment Corporation, a Hong Kong Main Board listed investment group, and nearly three years as an Executive Director with Shenyang Public Utility Holdings Company Ltd ("Shenyang Public Utility"), a mainland Chinese utility group also listed in Hong Kong, where he is responsible for overall financial management and planning.

Mr. Chow is also a founder and Managing Director of Karl Thomson Financial Advisory Ltd (Karl Thomson), a corporate finance advisory group whose parent company Karl Thomson Holdings Ltd is also listed on the Main Board of the Hong Kong Stock Exchange. At Karl Thomson, Mr Chow has been responsible for Investment Banking business since 2002.

He previously worked with both Nomura International Ltd and Peregrine Capital Ltd, where he was registered as an Investment Representative with the Hong Kong Securities and Futures Commission.

Mr Chow has an aggregate of more than 20 years of finance management and corporate finance experience, covering activities in sectors as diverse as M&A, IPOs, and debt and equity advisory work.