Ben Cheng appointed CEO of Youngtimers after acquisition by C Capital
The latest development at Youngtimers has revealed Ben Cheng’s appointment as the new Chief Executive Officer, taking over from Renger van den Heuvel. This transition marks a pivotal moment for the company as it moves forward after the acquisition of C Capital Group.
C Capital, a renowned investment firm founded by Hong Kong billionaire Adrian Cheng, is known for its focus on high-growth companies originating in Asia. Among its impressive portfolio are notable names such as Shein, NIO, XPeng, Lalamove, SenseTime, Agile Robots, and CASETiFY. The recent acquisition not only involved taking over the investment management company but also full ownership of Jakota Index Portfolios, a firm based in New York and Tokyo that specializes in index licensing and investment in Japan, Korea, and Taiwan capital markets.
Cheng’s strategic vision for C Capital includes expanding its operations beyond Greater China and the United States to target wider markets in the Asia-Pacific region and Europe. Plans are also in place to enter into markets in the Middle East, Singapore, Korea, and Australia, with a primary focus on driving long-term value for a diverse range of stakeholders.
With this acquisition and the new leadership in place, Youngtimers, a Basel-based Swiss-listed specialist in small and mid-cap equities, is well-positioned to propel its global growth and expansion strategy forward.
In conclusion, these recent changes at Youngtimers signal a new phase of growth and strategic expansion under the leadership of Ben Cheng. The acquisition of C Capital Group has set the stage for the company to extend its reach globally and deliver sustainable value to a diverse set of stakeholders around the world.