# Black Spade Capital

Black Spade Capital is a Single Family Office based in Hong Kong, Hong Kong.

## Overview

- **Organization type:** Single Family Office
- **Headquarters:** Hong Kong, Hong Kong
- **Region:** Asia
- **Address:** Suite 2902, 29/F, The Centrium, 60 Wyndham Street, Central, Hong Kong
- **Founded:** 2017
- **Assets under management:** 1000 (Altss estimate)
- **Website:** blackspadecapital.com
- **LinkedIn:** https://www.linkedin.com/company/blackspadecapital

## Regulatory record

- **Reports private funds:** No

## About

Black Spade Capital was established in 2017 by Lawrence Ho, chairman and CEO of Melco International and Melco Resorts. The office stewards wealth originating from the gaming and leisure operations built by his late father Stanley Ho. The firm allocates across equity, fixed income, pre-IPO opportunities, real estate, alternative investments, disruptive technology, and green energy. It executes through direct co-investments and SPVs. Confirmed relationships include a VinFast SPAC merger with Pham Nhat Vuong and discussions with Cathie Wood on digital assets. Geographic reach covers Asia, Europe, the Middle East, and North America. The team operates from a single office in Central, Hong Kong. Lawrence Ho maintains memberships in YPO, the National Committee of the Chinese People's Political Consultative Conference, the Hong Kong Jockey Club, and Aberdeen Marina Club. No dated operational events from the last 24 months appear in available records. The office maintains a hybrid structure that combines family capital with selective partnerships involving state-owned enterprises and technology providers, allowing direct participation in non-gaming ventures while preserving separation from listed Melco entities.

## Sectors

- Mobility & Transportation
- Media & Entertainment
- Luxury
- Energy Transition & Renewables
- PropTech
- Healthcare Services
- Digital Health

## People

- Lawrence Ho — Chairman and CEO

## Questions

### Who runs investment decisions at Black Spade Capital?

Lawrence Ho serves as Chairman and CEO and directs investment decisions. The office executes a global multi-asset mandate without additional named investment professionals disclosed.

### How does Black Spade Capital source proprietary deal flow?

The firm forms joint ventures with large state-owned enterprises and partners with top-tier property developers and world-class technology companies. It also backs up-and-coming startups in healthcare and financing.

### Does Black Spade Capital participate in fund commitments or only direct deals?

The firm focuses on direct co-investments and SPVs rather than fund commitments. It also sponsors SPACs and issues bonds such as the first MOP-denominated corporate bond.

### What investment stages does Black Spade Capital typically target?

The firm targets pre-IPO opportunities alongside other stages. It maintains exposure across equity, real estate, and alternative investments.

### Does Black Spade Capital maintain philanthropic structures?

The firm is linked to the Melco Resorts Sustainability Foundation. No further separation details between investment and philanthropic vehicles are disclosed.

## Related profiles

- [Bethia](https://altss.com/profile/bethia-heller-family-office)
- [Blu Family Office](https://altss.com/profile/blu-family-office)

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Last updated: 2026-06-03T20:00:00.000Z

Canonical page: https://altss.com/profile/black-spade-capital-lawrence-ho-family-office

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