Multi-Family Office

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Gopher Asset Management

Gopher Asset Management began in 2010 as the alternatives platform tied to Noah Holdings. Wang Jingbo and Zhe Yin established the firm to manage capital for...

Gopher Asset Management

Gopher Asset Management began in 2010 as the alternatives platform tied to Noah Holdings. Wang Jingbo and Zhe Yin established the firm to manage capital for affluent Chinese families. The structure grew from fund-of-funds origins into a broader allocator. The firm commits to private equity, real estate, private credit and hedge funds. It runs co-investment SPVs alongside primary fund commitments and secondaries. Geographic reach covers Asia, North America and Europe. Confirmed positions include Petal, Allocate, Kr Space and Lianjia. Gopher US Venture Fund I targets US technology startups while domestic vehicles back real estate projects such as Sandhill Plaza. The team manages 14200 million USD in assets. Additional vehicles include the Noah Public Welfare Foundation established in 2014. Gopher sponsored the Global Black Diamond Summit in December 2025. Service providers comprise Zhong Lun Law Firm for legal work and Deloitte as auditor. Gopher operates a P+S+D model that combines primary fund commitments, secondaries and direct investments. This approach allows seeding of emerging managers in China while participating in pre-IPO opportunities through dedicated co-investment funds.

General information

Firm type

Multi Family Office

Year founded

2010

AUM

14200 (Altss estimate)

Location

Region

Asia

Country

China

City

Shanghai

Corporate office

Principals

Wang Jingbo

Co-founder and Chairwoman

Zhe Yin

Co-founder and Chairman

Sector focus

Private EquityReal EstatePrivate CreditAgriTech & FoodTechFinTechHealthcare ServicesPropTechLegalTech

Frequently asked questions

Who runs investment decisions at Gopher Asset Management?

Zhe Yin serves as Chairman and Wang Jingbo as Chairwoman. Both co-founders oversee strategy from the Noah Holdings lineage.

How does Gopher Asset Management source proprietary deal flow?

The firm leverages its AMAC membership and co-investment relationships with HongShan and Matrix Partners China. Direct programs target pre-IPO and emerging manager opportunities.

Does Gopher Asset Management participate in fund commitments or only direct deals?

It runs both. Primary fund commitments sit alongside direct co-investments and secondaries under the P+S+D framework.

What investment stages does Gopher Asset Management typically target?

The firm covers seed through buyout stages. Venture and growth allocations appear in both US and China vehicles.

Where does the underlying wealth come from?

Wealth traces to Noah Holdings co-founders Wang Jingbo and Zhe Yin. The platform serves additional affluent Chinese families.

Does Gopher Asset Management maintain philanthropic structures?

Yes. The Noah Public Welfare Foundation, established in 2014, handles education and disaster relief programs in China.

What is Gopher Asset Management's known posture on co-investments alongside external GPs?

The firm maintains dedicated co-investment funds for direct opportunities and pre-IPO deals. It frequently partners with Sequoia China and Matrix Partners China.

Profile maintained by using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.

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