# VMS Group

VMS Group is a Multi Family Office based in Hong Kong, Hong Kong.

## Overview

- **Organization type:** Multi Family Office
- **Headquarters:** Hong Kong, Hong Kong
- **Region:** Asia
- **Address:** Hong Kong, Hong Kong
- **Founded:** 2006
- **Assets under management:** 4000 (Altss estimate)
- **Website:** vmsam.com
- **LinkedIn:** https://hk.linkedin.com/company/vms-asset-management

## Regulatory record

- **Reports private funds:** No

## About

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 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.

## Sectors

- Healthcare Services
- Digital Health
- FinTech
- Mobility & Transportation
- Robotics & Automation
- Supply Chain & Logistics
- Data Analytics
- Media & Entertainment
- PropTech
- Sports & Wellness
- Marketing & Sales

## People

- Benny Chong — Founder, Chairman, and CEO

## 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.

### 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.

## Related profiles

- [Verdence Capital Advisors](https://altss.com/profile/verdence-capital-advisors)
- [FengHe Fund Management](https://altss.com/profile/fenghe-fund-management)

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Last updated: 2026-08-10T15:54:10.904Z

Canonical page: https://altss.com/profile/vms-group

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