Raymond Zage

After 8 years at Goldman Sachs, Zage rose to prominence at Farallon Capital Management, where he founded the hedge fund's Asian business.^[3]

At Farallon, Zage spearheaded large private investments in Asian corporates in a way that differed from Farallon's historical investment approach. These investments included the purchase of a controlling stake in Bank Central Asia after the Asian Financial Crisis, an investment in Aston Resources, which eventually listed and merged with Whitehaven Coal and Go-Jek, where he is on the board.^[4]

These investments required Farallon to establish new, closed-end investment vehicles, including Farallon Asian Special Situations I, II and III,^[5] a marked departure from the liquid hedge fund that Farallon had traditionally managed.

After leaving Farallon to found Tiga Investments, Zage was involved in a restructuring of Lippo Karawaci, where he joined the board.^[6]

In 2020, Zage was a lead investor in the over $600 million acquisition of Grindr from Chinese gambling company Beijing Kunlun Tech Co.^[7] This transaction was a result of the decision by the US government's Committee on Foreign Investment in the United States (CFIUS) to compel the owner of Grindr, a Shenzhen-listed Chinese company, to sell the company to US interests.^[8]

Zage is an independent director of Toshiba,^[9] and has also made personal investments in Whistler, BC.^[10]

Zage has been a co-opted member of the Investment Committee of the National University of Singapore and is the chair of the board of the foundation of the Singapore American School.^[11] He has also been active in Room to Read,^[10][12] and is active in numerous other philanthropic activities.