Cherng Family Trust

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Company typePrivate trust
Founded2001; 25 years ago (2001)
Cherng Family Trust
Company typePrivate trust
IndustryInvestment trust
Founded2001; 25 years ago (2001)
FoundersAndrew Cherng and Peggy Cherng
Headquarters
Rosemead, California
,
United States
Websitewww.cherngfamilytrust.com

The Cherng Family Trust is an investment trust founded by Andrew Cherng and Peggy Cherng, the co-founders of Panda Restaurant Group, parent company of Panda Express.[1] Founded in 2001, the trust owns Panda Restaurant Group, and has other ownership stakes in a variety of businesses, including an announced ownership stake in the Portland Trail Blazers.[2] The family trust is headquartered in Rosemead, California, and has $3.1 billion in assets.[3]

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