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Management Team

Mr Eric Cheung

Founding Partner & Chairman

Dr Ray Zhong


Mr Eric Cheung (HBS AMP, HK Citizen)

Founding Partner & Chairman


Mr Eric P F Cheung received his first degree at the Chinese University of Hong Kong. Then he finished his second degree (MBA) at the London Business School. He became a Harvard Business School (“HBS”) Alumnus when he finished HBS AMP184 program in 2013. He is the Recruiting Partner for HBS SELP starting from 2018.

Eric has been living and working in Mainland China for more than 27 years. Before he started his own business, he was the C-Suite executives from various multinational companies such as Philips, GE and Novartis. He was the man who first introduced Philips Lighting and GE Lighting to the PRC with tremendous success. He also was the man who turned around Chinese Major Internet Portal into profit when he was the Senior VP at Netease which is a Nasdaq listed company. Before he established Leaders Capital Limited, Eric is the founding partner and Chairman for Aranti Capital which is a Sino-Indian cross boarder private equity.

Dr Ray Zhong (US Citizen)



Dr Ray Zhong holds a PhD in Finance from Cornell University and MBA from Columbia University. After teaching at the Columbia Business School and Business School of Fordham University in New York, he then came to the PRC and taught EMBA/MBA at the Cheung Kong Graduate School of Business as a faculty of Finance. He now is a Professor of Financial Economics, Business School, University of Texas.

Apart from his teaching career, he has over 13 years in investment banking and PE/venture capital business as independent financial advisor to various companies and financial institutions in the PRC for both buy side and sell side. During this period, he also acted as Co-founders in various startup companies in the PRC, including Rui Xin Supply ChainTechnology Company Limited, Beijing Perfect Time Media Group, Hai Run Media Group, Shenyang Hong Yao Pharma Group,etc.

Dr Ming Fang

Strategic Partner

Dr Ming Fang (US Citizen)

Strategic Partner


Dr Ming Fang holds a Ph D in Finance from Yale University and a PhD in Applied Mathematics from University of Washington. He develops and teaches a new course Data Science in Finance, Insurance and Quantitative Risk Management for Actuarial Master of Science Program, at Columbia University. 

Before joining Columbia University, he was a research scientist at  Princeton University, and a veteran investment executive in Wall Street. 

Dr Fang has over 12 years of in-depth professional experience in investment industry. He used to work for AIG, New York, as Vice President. Before that Dr Fang worked for a hedge fund giant, Zacks Investment Management, Chicago, Illinois, as Managing Director and Portfolio Manager. His early career started at PartnerRe Asset Management Corporation, Greenwich, Connecticut, as Associate Director in Quantitative Equity. Then he joined Brevan Howard U.S. Asset Management LP, New York, as Portfolio Manager, Quantitative Strategies. He also had sell side experience by working at the top Investment bank Salomon Brothers.

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