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Multi-family office co-founded by Lee Han Shih looking to sink funds into Web 3.0 and crypto

The group aims to attract third-party capital to a private-market digital asset fund and a public-market hedge fund

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Genevieve Cua

Genevieve Cua

Published Fri, Sep 9, 2022 · 05:50 AM
    • Institutions are seriously looking into crypto assets, says Aureole Foong, Whampoa senior partner.
    • Institutions are seriously looking into crypto assets, says Aureole Foong, Whampoa senior partner. PHOTO: PIXABAY

    WHAMPOA Group, a private multi-family office set up by a member of the family of late businessman and philanthropist Lee Kong Chian, is setting its sights on digital-asset investing, with a view to managing third-party capital.

    Whampoa is a partnership between Lee Han Shih, who is executive director of the Lee Foundation, and veteran lawyer Amy Lee, whose father Dennis Lee Kim Yew co-founded the Lee & Lee law firm.

    The group has set up Whampoa Digital, which envisions 4 “verticals’’ or pillars in its multi strategy. These are:

    digital assetsBitcoinEthereumFamily offices

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