# Peterson Group

Peterson Group is a Single Family Office based in Des Moines, Hong Kong.

## Overview

- **Organization type:** Single Family Office
- **Headquarters:** Des Moines, Hong Kong
- **Region:** Asia
- **Address:** Hong Kong, Hong Kong
- **Founded:** 1959
- **Assets under management:** Undisclosed
- **Website:** petersonhk.com
- **LinkedIn:** https://www.linkedin.com/company/peterson-group-hk/

## About

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.

## Sectors

- Real Estate
- Private Equity

## People

- Ben Yeung — Executive Chairman & CEO of Peterson BC

## 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.

### 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.

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Last updated: 2026-08-10T15:54:10.904Z

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