Single Family OfficeRIA · CRD 332780SEC-Registered

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Full Vision Capital

Full Vision Capital was established in 2014 by Dr. Peter Lee Ka-kit. The office channels capital originating from the Lee family's primary holding, Henderson...

Full Vision Capital logo

Full Vision Capital

Full Vision Capital was established in 2014 by Dr. Peter Lee Ka-kit. The office channels capital originating from the Lee family's primary holding, Henderson Land Development, into ventures that address energy and environmental challenges. Dr. Lee serves as founder while Alan Chan acts as managing partner and maintains concurrent leadership roles at Towngas. The firm concentrates on private equity and venture investments in energy storage, sustainable aviation fuels, advanced materials and semiconductors. It deploys through direct co-investments, SPVs and incubation vehicles rather than broad fund commitments. Confirmed positions include EnerVenue, whose storage technology was first deployed in a Towngas Jiangsu project, and StarFive, a RISC-V chip designer that formed a strategic partnership with xFusion Digital Technologies in 2025. Geographic reach spans Hong Kong, mainland China, the United Kingdom and the United States. The team comprises approximately twenty professionals listed on the firm website. Additional offices are not disclosed. Full Vision Capital maintains relationships with philanthropic vehicles including the Ai You Foundation and Centum Charitas Foundation. In July 2025 the firm co-hosted the Powering Tomorrow conference in Cambridge with Invest Hong Kong and the University of Cambridge, and it organized the fourth TERA-Award ceremony at King's College. The office operates an integrated incubation platform that supplies operational support from R&D through production scale-up and supply-chain optimization. This structure is reinforced by overlapping leadership with Towngas and strategic ties to the Hong Kong Investment Corporation, allowing portfolio companies to access both capital and industrial deployment channels within the same network.

General information

Firm type

Single Family Office

Year founded

2014

Location

Region

Asia

Country

Hong Kong

City

Hong Kong

Corporate office

Hong Kong

Principals

Dr. Peter Lee Ka-kit

Founder

Alan Chan

Managing Partner

Kathy Leung

Managing Director

Dr. Martin Lee

Honorary Chairman

Dr. Colin Lam

Honorary Chairman

Sector focus

Energy Transition & RenewablesClimateTechCircular EconomyMobility & Transportation

Frequently asked questions

Who runs investment decisions at Full Vision Capital?

Dr. Peter Lee Ka-kit serves as founder. Alan Chan acts as managing partner and maintains concurrent roles at Towngas. Kathy Leung serves as managing director.

How does Full Vision Capital source proprietary deal flow?

The firm sources through its TERA-Award competition, direct relationships with Towngas and the Hong Kong Investment Corporation, and academic partnerships including the University of Cambridge.

Does Full Vision Capital participate in fund commitments or only direct deals?

The firm executes direct co-investments and SPVs. It also operates an incubation platform that takes companies from seed stage through commercial deployment.

What investment stages does Full Vision Capital typically target?

The firm targets early-stage seed and startup investments as well as expansion and late-stage rounds within climate technology and energy transition sectors.

Where does the underlying wealth come from?

The office is backed by the Lee family of Henderson Land Development. Dr. Peter Lee Ka-kit is co-chairman of both Henderson Land and Towngas.

How is Full Vision Capital related to Towngas?

Alan Chan holds the role of executive director and chief investment officer at Towngas while serving as managing partner at Full Vision Capital. The two entities have jointly deployed capital into portfolio companies including EnerVenue.

Does Full Vision Capital maintain philanthropic structures?

The firm directs proceeds toward the Ai You Foundation, Care for Life Foundation and Centum Charitas Foundation. These vehicles operate separately from the investment office.

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