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Peterson Group
Peter Yeung established PJ Young & Co in May 1959 by leasing a desk on Wyndham Street for garment trading. His sons Franco and Ben expanded the business into...
Peterson Group
Peter Yeung established PJ Young & Co in May 1959 by leasing a desk on Wyndham Street for garment trading. His sons Franco and Ben expanded the business into Hong Kong residential development in the 1970s and Canadian real estate through Peterson BC. The family office arm was formally created in 2012 after the sale of China manufacturing holdings, with Wyndham Capital Management obtaining its SFC license in 2016. The portfolio mixes direct real estate ownership, private equity and public market holdings. Confirmed positions include LKF Tower, Mondrian Hong Kong, Ampersand in London, Shangri-La Vancouver and Fairmont Pacific Rim. The firm executes through joint ventures with Henderson Land Development in Hong Kong and Westbank in North America, and through Queensgate Investments led by Jason Kow. Geographic reach covers Hong Kong, Canada, the United Kingdom, Australia and Ireland. No headcount or AUM figures are published. The firm maintains additional real estate in Brisbane and Dublin and holds the Peterson Group Charity Foundation Limited plus the Peter Young Foundation. Midtown Centre in Brisbane received a 6-star NABERS Energy Rating in the most recent reporting period. Tony Yeung serves as CEO and Managing Director in Hong Kong while Ben Yeung holds the Executive Chairman role for the Canadian operations. The structure keeps real estate development and ownership inside the operating company while routing diversified investments through the licensed family office entity. This separation allows the family to maintain control of legacy assets without commingling them with third-party capital or external mandates.
General information
Firm type
Single Family Office
Year founded
1959
Location
Region
Asia
Country
Hong Kong
City
Des Moines
Corporate office
Hong Kong, Hong Kong
Principals
Ben Yeung
Executive Chairman & CEO of Peterson BC
Altss tracks 1 additional named team member for this firm — including direct investment leads, IR, and operating principals not listed on the public website.
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Frequently asked questions
Who runs investment decisions at Peterson Group?
Tony Yeung serves as CEO and Managing Director in Hong Kong. Ben Yeung holds the Executive Chairman and CEO title for Peterson BC in Canada. Decisions remain within the family.
How does Peterson Group source proprietary deal flow?
The firm relies on long-standing joint venture relationships with Henderson Land Development in Hong Kong and Westbank in North America. It also works through Queensgate Investments led by Jason Kow.
Does Peterson Group participate in fund commitments or only direct deals?
The firm executes direct real estate ownership and co-investments. It also maintains a family office sleeve for private equity and public market holdings.
What investment stages does Peterson Group typically target?
The firm targets buyout, growth and seed opportunities alongside its core real estate holdings.
Where does the underlying wealth come from?
Peter Yeung started the business in 1959 as a garment trading firm. Expansion into Hong Kong real estate in the 1970s and later global assets generated the current portfolio.
Does Peterson Group maintain philanthropic structures, and how are they separated?
The Peterson Group Charity Foundation Limited and Peter Young Foundation sit alongside the operating business. The family office was created in 2012 to diversify beyond real estate.
What is Peterson Group's known posture on co-investments alongside external GPs?
The firm has executed multiple joint ventures with established developers rather than committing to external funds. Examples include partnerships with Henderson Land Development and Westbank.
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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