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Lulu Cheng Meservey Management, LLC
Lulu Cheng Meservey Management LLC, the family office of the former Activision Blizzard and Substack executive, investing in technology and media.
Lulu Cheng Meservey Management, LLC
Lulu Cheng Meservey founded her family office following a decade-long career in corporate affairs and communications at technology companies. She served as Chief Corporate Affairs Officer at Activision Blizzard during its acquisition by Microsoft, and earlier as Vice President of Communications at Substack. The wealth managed by the firm originates from executive compensation and equity stakes in those companies. The firm invests across a mix of asset classes including direct equity, venture capital fund commitments, and growth-stage technology deals. Meservey has publicly discussed her focus on supporting founders building in media, enterprise software, and gaming sectors. The firm maintains an active posture as a limited partner in select venture funds and makes co-investments alongside those relationships. Meservey operates with a small team, typical of a newly established single-family office. The firm does not disclose total assets under management or headcount. No recent operational events have been publicly reported for this entity as of early 2025. The firm's structural differentiator is its principal's deep operating experience in high-growth tech and media companies, which informs a thesis-driven approach to backing founders. Meservey has described her strategy as capitalizing on industry insights gained from her executive roles, rather than operating as a purely financial investor.
General information
Firm type
Single Family Office
Year founded
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AUM
Undisclosed
Location
Region
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Country
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City
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Corporate office
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Principals
Lulu Cheng Meservey
Founder
Sector focus
Frequently asked questions
Who runs investment decisions at Lulu Cheng Meservey Management?
Lulu Cheng Meservey, the founder, makes all investment decisions. She previously served as Chief Corporate Affairs Officer at Activision Blizzard and Vice President of Communications at Substack, bringing operating experience to her investing approach.
How does the firm source investment opportunities?
Meservey sources deals through her network of founders and executives built during her career in technology and media. She also commits capital to venture funds as a limited partner, which provides access to co-investment opportunities.
What investment stages does the firm target?
The firm focuses on growth-stage and venture-stage investments. Meservey has expressed interest in backing companies that have achieved product-market fit and are scaling, though the firm is also open to earlier-stage opportunities when the founder relationship is strong.
Does the firm make direct investments or only fund commitments?
The firm does both. It makes direct equity investments in private companies and also commits capital to venture capital funds as a limited partner. This dual approach allows Meservey to leverage her operating experience while gaining diversified exposure through fund vehicles.
Which sectors does the firm prioritize?
The firm prioritizes technology, media, and enterprise software. Meservey's background at Activision Blizzard (gaming) and Substack (media/publishing) informs a focus on sectors where she has direct operational knowledge.
Where does the underlying wealth come from?
The wealth originates from executive compensation and equity accumulated during Lulu Cheng Meservey's roles at Activision Blizzard and Substack. The Microsoft acquisition of Activision Blizzard in 2023 generated significant liquidity for her equity holdings.
Is Lulu Cheng Meservey Management structured as a single family office or does it operate like a venture firm?
It is structured as a single-family office managing wealth for Lulu Cheng Meservey and her immediate family. The firm does not manage outside capital and is not registered as an investment adviser, distinguishing it from institutional venture firms.
Profile maintained by Altss 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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