Founded in 2019, Franchise Capital Management is a hedge fund manager based in Hong Kong. The firm was established by Simon Wang, who previously oversaw Chinese investments for Yale University's endowment fund at Hillhouse Capital Group. Franchise Capital Management operates its flagship fund, the Franchise Fund, alongside its feeder fund, the Franchise Feeder.
Franchise Capital's founder, Simon Wang, formerly an analyst at Hillhouse Capital Group with expertise in finance and real estate, has directed his $900 million hedge fund towards investments in technology, consumer goods, and healthcare, as reported in an April newsletter reviewed by Bloomberg News. Franchise is noted for being among the leading shareholders of Chinese education firm Gaotu Techedu Inc.
Their most recent 13F filing for Q1 2024 reported managing $537,681,353 in 13F securities, with a notable concentration of 91.98% in their top 10 holdings. Franchise Capital LTD's largest position is in NVIDIA Corp., where they hold 211,554 shares.
