Tiger Pacific Capital LP

Founding partners Run Ye and Hao Chen jointly manage the portfolio. Run Ye serves as Portfolio Manager and oversees the investment process, while Hao Chen leads research efforts. Both partners are involved in every position the fund takes.

Tiger Pacific is a direct descendant of Julian Robertson's Tiger Management lineage. Run Ye previously worked at Tiger Asia, and the firm shares the concentrated fundamental equity DNA of other Tiger cubs like Lone Pine and Viking. However, Tiger Pacific operates independently with no legal or capital ties to Tiger Global, Tiger Asia, or other cubs.

The firm runs a concentrated long/short equity fund focused on US-listed Greater China companies. The portfolio typically holds 15–25 core long positions across consumer, technology, healthcare, and financial services sectors. Short positions serve both as absolute-return contributors and portfolio hedges, particularly during China-specific risk events.

The dual-office structure enables the firm to combine New York's capital markets proximity with Hong Kong's direct access to Chinese corporate management teams, suppliers, and regulatory developments. This bicultural setup gives the firm a diligence advantage when evaluating Chinese companies listed on US exchanges.

Public filings show the firm has taken significant positions in large-cap Chinese ADRs including NetEase, Baidu, Trip.com, and New Oriental Education. The fund invests across market caps but favors niche-dominant businesses where management quality and structural growth are transparent to on-the-ground research.

No long-only, private-market, or philanthropic vehicles are publicly associated with the firm. Tiger Pacific appears to operate a single strategy through a single fund structure, consistent with its deliberately lean organizational design.

Yes. The firm has maintained its Hong Kong office through multiple regulatory cycles, including the 2021–2022 Audit Working Paper dispute and subsequent resolution. Its investment strategy assumes ongoing manageability of US-China cross-border risk, and recent hires indicate continued commitment to the mandate.