# RRJ Capital

RRJ Capital is an Asset Manager based in Singapore, Singapore.

## Overview

- **Organization type:** Asset Manager
- **Headquarters:** Singapore, Singapore
- **Region:** Asia
- **Address:** 298 Tiong Bahru Road #13-01 Central Plaza, Singapore
- **Founded:** 2011
- **Assets under management:** Undisclosed
- **Website:** www.rrjcap.com
- **LinkedIn:** https://www.linkedin.com/company/rrj-capital
- **Wikidata:** Q106311299

## Regulatory record

- **Reports private funds:** No

## About

RRJ Capital (“RRJ”) is an Asian investment firm which focuses on private equity investments in China and South-East Asia. The firm was founded by Richard Ong in

## Sectors

- Healthcare
- Financial Services
- Technology
- Logistics

## People

- Richard Ong — Chairman and CEO
- Charles Ong — Co-Chairman and Co-CEO

## Questions

### Who runs investment decisions at RRJ Capital?

Co-founders Richard Ong (Chairman and CEO) and Charles Ong (Co-Chairman and Co-CEO) jointly lead the firm. Richard Ong drives deal origination and execution, drawing on his experience founding HOPU Fund and his earlier Goldman Sachs career. Charles Ong oversees portfolio strategy and risk management, informed by his decade at Temasek Holdings as Chief Investment Officer and Chief Strategy Officer. The firm does not list any other investment committee members or partners on its public website.

### What investment stages does RRJ Capital typically target?

RRJ's mandate covers the full lifecycle: early-stage (including seed and start-up), growth equity, pre-IPO rounds, PIPEs, and buyouts. This stage-agnostic approach is uncommon among generalist Asian funds and allows the firm to deploy capital wherever it identifies value within its four sector focuses — healthcare, financial institutions, technology, and logistics.

### How is RRJ Capital different from HOPU Fund?

Richard Ong co-founded HOPU Fund in 2008 as a $2.5 billion China-focused private equity vehicle. RRJ Capital, launched three years later, broadened the geographic mandate to include Southeast Asia, Europe, and the United States. The addition of Charles Ong as Co-CEO in 2012 also introduced Temasek-style portfolio management discipline. Unlike HOPU, RRJ does not publicly disclose fund sizes or investor composition.

## Related profiles

- [RRE Ventures](https://altss.com/profile/rre-ventures)
- [R&R Ventures](https://altss.com/profile/r-r-ventures)

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Last updated: 2026-06-03T20:00:00.000Z

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