Investor Type | Firm |
Industries | IT (& TMT) • Hardware (& Manufacturing) • Sales (& Marketing) • Gaming (& eSports) |
Investing | United States |
Investment Range | $30,000,000 - $30,000,000 |
Cherng Family Trust Office, founded in 2005 and based in Los Angeles, California, is a single family office that represents the financial and philanthropic interests of Andrew and Peggy Cherng and their family. As an alternative investment platform, they focus on direct and indirect investments in private equity, private debt, and venture capital. With a commitment to a diversified investment approach, they engage in a wide array of sectors, including information technology (IT) and TMT (technology, media, and telecom), hardware and manufacturing, sales and marketing, gaming and eSports, as well as hospitality. The firm manages both the administration and finances of the Cherng family, alongside overseeing their substantial investments and charitable endeavors. They aim to leverage their extensive resources and expertise to identify and cultivate opportunities within their preferred industries, with specific attention to innovation and long-term growth potential. Notably, they have set their minimum and maximum investment thresholds at 30 million USD. This signifies a strategic approach to funding, highlighting a dedication to substantial capital allocations and driving significant growth in enterprises that align with their investment thesis. The Cherng Family Trust Office is structured to operate with an underlying philosophy of family stewardship, ensuring the Cherng legacy is preserved and enhanced through thoughtful and impactful investments.