Single Family Office

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Tsao Family Office

Tsao Family Office manages multi-generational capital from the IMC Group across equities, private equity and real estate with impact and ESG criteria.

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Tsao Family Office

Tsao Family Office was established in 2016 to manage the Tsao family's multi-generational capital. Chavalit Frederick Tsao acts as fourth-generation steward through his role at TPC. The family built its base in the IMC Group, an Asian shipping and industrial enterprise. The office allocates across equities, private equity, fixed income, private credit and real estate. It pursues both impact strategies focused on climate, health and education and financial strategies that apply ESG analysis. Allocations occur through direct co-investments, SPVs, fund commitments and physical assets. The portfolio spans Asia, Africa, Europe, North America and Oceania. Tsao Family Office signed the UN Principles for Responsible Investment in 2019. Bryan Goh leads day-to-day investment decisions alongside a team that includes Michelle Chan as CFO and Leslie Lim as Deputy CIO. The office maintains holdings such as Nomu Office Floor in Singapore and Sangha Retreat in Suzhou. It joined the Global Impact Investing Network in 2024. Philanthropic vehicles include the Tsao Foundation and NO.17 Foundation. The firm operates with an explicit mandate to generate returns that fund family philanthropic activities through the Tsao Assets Trust. This structure separates financial deployment from mission-related vehicles while requiring collateral impact review on all holdings.

General information

Firm type

Single Family Office

Year founded

2016

AUM

Undisclosed

Location

Region

Asia

Country

Singapore

City

Singapore

Corporate office

Singapore, Singapore

Principals

Dr. Mary Ann Tsao

Chair of Tsao Family Office and Tsao Foundation

Bryan Goh

CEO and Chief Investment Officer

Diana Watson

Head of Sustainability and Impact Investment

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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Sector focus

ClimateTechEdTechHealthcare ServicesPropTechCircular EconomyFinTechWaterTechAgriTech & FoodTechIndustrial TechSupply Chain & Logistics

Frequently asked questions

Who runs investment decisions at Tsao Family Office?

Bryan Goh serves as CEO and Chief Investment Officer. Leslie Lim holds the Deputy CIO role. The team reports to the chair, Dr. Mary Ann Tsao.

How does Tsao Family Office source proprietary deal flow?

The office draws on family networks through the IMC Group and participation in Family Business Network and YPO. It also reviews opportunities via fund commitments and direct channels in Asia.

Does Tsao Family Office participate in fund commitments or only direct deals?

The firm uses both approaches. It makes fund investments in venture capital, growth equity and buyouts while also executing direct co-investments and SPVs.

What investment stages does Tsao Family Office typically target?

The office covers buyout, growth and venture capital stages. It also allocates to early-stage seed and start-up opportunities alongside expansion and late-stage deals.

Where does the underlying wealth come from?

The capital originates from the Tsao family's IMC Group, an Asian shipping and industrial enterprise founded with roots in early-1900s Shanghai.

Does Tsao Family Office maintain philanthropic structures, and how are they separated?

The firm supports the Tsao Foundation and NO.17 Foundation. Returns from the Tsao Assets Trust fund these vehicles separately from investment operations.

What is Tsao Family Office's known posture on co-investments alongside external GPs?

The office executes direct co-investments and SPVs in addition to fund commitments. It applies the same impact and ESG review to co-investments as to other holdings.

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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