Omaha Capital China

Founder Wally Lian serves as Chief Investment Officer and chairs the investment committee. Lian built the firm's research process around a concentrated portfolio model, leading each investment decision personally. External LPs invest alongside the firm's internal capital.

Omaha Capital China sources through Lian's network of Shanghai-based entrepreneurs and operator relationships built since 2007. The firm's concentrated strategy means it reviews broad funnel activity but executes on roughly two to four new positions per year, typically in sectors where it has prior portfolio-company insight.

It operates as an asset manager raising external limited-partner capital, not a single-family office. While named after Buffett's holding company and run with an owner-operator philosophy, the firm pools third-party LP commitments alongside its own co-invested capital in each fund vehicle.

The firm concentrates on Series A and Series B rounds, with initial check sizes between $2 million and $10 million. It reserves capital for follow-on participation through later stages, and its crossover-style underwriting means it evaluates each position against public-market benchmarks from the first investment.

The firm avoids consumer-internet and marketplace businesses where unit economics depend on subsidized customer-acquisition models. It also does not invest in real estate, hospitality, or gaming, and has historically stayed away from sectors facing unpredictable regulatory intervention in China.

No. Omaha Capital China has not publicly disclosed aggregate AUM, deployment totals, or fund sizes. External estimates are unavailable, and the firm's concentrated pacing — roughly two to four new positions annually — suggests a lean capital base aligned with its research-intensive mandate.

While almost all known portfolio companies are based in mainland China, the firm evaluates cross-border opportunities selectively, particularly enterprise-technology companies with regulatory pathways into Southeast Asian markets. It does not operate a dedicated cross-border fund vehicle.