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VMS Group
VMS Group was established in 2006 by Benny Chong. The firm operates as a multi-family office serving high-net-worth families with investment management and...
VMS Group
VMS Group was established in 2006 by Benny Chong. The firm operates as a multi-family office serving high-net-worth families with investment management and wealth planning. Ties exist to the Cheng family through Chow Tai Fook Enterprises. Investment activity spans private equity, real estate, hedge funds, private credit, and digital assets. Stages include buyout, growth, seed, Series A, Series B, and venture capital. Confirmed holdings include Hoiana Resort & Golf in Quang Nam Province, Vietnam, Viva Place at 36 Heung Yip Road in Hong Kong, Re7 Capital DeFi Allocation, and iShares Silver Trust. Geographic reach covers Asia, Europe, and North America. Co-investors have included Legend Capital and 3C AGI Partners. The firm lists no public headcount or additional offices. Benny Chong also chairs the Ten Percent Donation Scheme Foundation. VMS signed the Principles for Responsible Investment in September 2021 and participates in the Family Office Association Hong Kong steering committee. Technology focuses include AI/ML, biotech, consumer tech, cybersecurity, enterprise software, semiconductors, and Web3 & Blockchain. VMS Group maintains a joint venture structure for AI-focused funds and operates alongside anchor relationships with Chow Tai Fook Enterprises. The architecture centers on direct co-investments and SPVs rather than broad fund-of-funds commitments.
General information
Firm type
Multi Family Office
Year founded
2006
AUM
4000 (Altss estimate)
Location
Region
Asia
Country
Hong Kong
City
Hong Kong
Corporate office
Hong Kong, Hong Kong
Principals
Benny Chong
Founder, Chairman, and CEO
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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Frequently asked questions
Who runs investment decisions at VMS Group?
Benny Chong serves as Founder, Chairman, and CEO. Elton Cheung acts as Managing Partner with responsibility for liquid alternatives and crypto allocations.
Does VMS Group participate in fund commitments or only direct deals?
VMS Group executes both fund commitments and direct co-investments or SPVs. Confirmed structures include the VMS Legend Investment Fund I and joint venture vehicles with 3C AGI Partners.
Where does the underlying wealth come from?
Public records do not disclose a single family source. The firm reports deep affiliations with the Cheng family and Chow Tai Fook Enterprises.
What investment stages does VMS Group typically target?
VMS Group covers buyout, growth, incubation, pre-IPO, seed, Series A, Series B, and venture capital stages.
How is VMS Group related to Chow Tai Fook Enterprises?
Chow Tai Fook Enterprises acts as anchor LP and sponsor. The two entities co-invested in the Hoiana Resort & Golf project in Vietnam.
Does VMS Group maintain philanthropic structures?
Benny Chong chairs the Ten Percent Donation Scheme Foundation. VMS Group is also linked to Po Leung Kuk.
What is VMS Group's known posture on co-investments alongside external GPs?
VMS Group pursues direct co-investments and SPVs. Partners have included Legend Capital on the VMS Legend Investment Fund I.
Profile maintained by Altss 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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