Multi-Family Office

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Singapore Joy & Peace Family Office

Singapore Joy & Peace Family Office was established in Beijing by Tang Yiu, the entrepreneur who founded Belle International and scaled it to one of...

Singapore Joy & Peace Family Office

Singapore Joy & Peace Family Office was established in Beijing by Tang Yiu, the entrepreneur who founded Belle International and scaled it to one of China's dominant footwear manufacturing and retail enterprises. The firm serves as the investment vehicle for the Tang family fortune, alongside a select group of other high-net-worth families seeking multi-generational wealth preservation. The wealth originates from Belle's public-market success and its subsequent privatisation, which cemented Tang's financial base. The office pursues a direct-investment strategy concentrated in early-stage technology and healthcare ventures. Its capital supports startups across digital health, climate technology, fintech, and healthcare services, predominantly within Asia and North America. The investment structure favours direct co-investments and special-purpose vehicles rather than blind-pool fund commitments, mirroring the operator-led posture of Tang's industrial career. The family's philanthropic vehicle, the Sam Shui Natives Association, operates in parallel to the main investment activities. The office links the Tang family's industrial legacy to the venture ecosystem through Clement Tang, who co-founded ParticleX, a Hong Kong-based startup accelerator. This operational bridge provides the family office with proprietary visibility into early-stage technology companies in Greater China. The team navigates from a Beijing headquarters, with no publicly advertised additional investment offices, maintaining a deliberately low profile in institutional circles. The defining structural feature is the interplay between a first-generation industrial fortune and a disciplined technology-investment practice. Unlike multi-family platforms that aggregate disconnected pools of capital, Singapore Joy & Peace Family Office organises its co-investors around the Tang family's own entrepreneurial narrative — the founder's experience in building a consumer empire informs the selection and stewardship of portfolio companies, creating a high-conviction, low-intermediation model rare among Asian multi-family offices.

General information

Firm type

Multi Family Office

Year founded

AUM

Undisclosed

Location

Region

Asia

Country

China

City

Beijing

Corporate office

Beijing, China

Principals

Tang Yiu

Founder

Clement Tang

Family Member, Co-founder of ParticleX

Sheng Baijiao

CEO of Belle International

Sector focus

Digital HealthClimateTechFinTechHealthcare Services

Frequently asked questions

Who runs investment decisions at Singapore Joy & Peace Family Office?

Investment direction originates from Founder Tang Yiu, whose industrial background at Belle International shapes the office's operator-centric decision-making. His son Clement Tang contributes venture-ecosystem access through his role as co-founder of the startup accelerator ParticleX. The firm does not publicly name a dedicated Chief Investment Officer or disclose an investment committee structure.

Where does the underlying wealth come from?

The office manages capital generated primarily by Tang Yiu's founding and leadership of Belle International, the footwear manufacturer and retailer that became a dominant consumer brand in China. Belle listed on the Hong Kong Stock Exchange before a consortium took it private, crystallising significant liquidity for the Tang family.

How does the firm source proprietary deal flow?

Sourcing benefits from the Tang family's operating footprint in mainland China and Hong Kong. Clement Tang's ParticleX accelerator places the office in direct contact with early-stage technology founders. The firm does not market itself to external deal sponsors, and appears to rely on network-driven, founder-referral sourcing rather than open-market processes.

Is this a single family office or does it operate more like a venture firm?

It is structured as a multi-family office but behaves operationally like a principal investment group. Rather than offering wealth-management services to a broad client base, it pools capital from a handful of families with shared industrial backgrounds and invests directly into technology startups using co-investment and SPV structures, which is closer to venture investing than traditional family-office administration.

Does the firm participate in fund commitments or only direct deals?

The office's investment activity confirms a preference for direct co-investments and SPVs into startups rather than commitments to external venture or private equity funds. No record of limited-partner fund positions has been made public.

What is the firm's known posture on co-investments alongside external GPs?

The firm engages in co-investments, but available evidence suggests it co-invests alongside the families it serves rather than as a passive participant in institutional GP-led rounds. This aligns with the broader operator mindset — the office appears to lead or join rounds where its principals can add operational value through their industrial experience.

Does Singapore Joy & Peace maintain philanthropic structures, and how are they separated?

Yes. The Sam Shui Natives Association serves as the Tang family's philanthropic vehicle, operating separately from the main investment office. Its existence confirms a formal separation between investment capital and charitable giving, though the office does not publicly disclose governance or allocation boundaries between the two.

Profile maintained by 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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