Lucian Wu
What is Paul Capital’s mandate?
We were set up in 1991 in the US by Philip Paul who had the opportunity to acquire a portfolio of venture capital and leveraged buyout fund positions. We were a pioneer in the secondaries market, which essentially means we acquire interests in private equity funds, direct private equity interests and unfunded private equity commitments. We currently manage $7.3 billion of assets. In Asia, also, we were the first dedicated secondaries fund when I joined Paul Capital in 2008.
