GAO is led by a trusted team of highly qualified investment professionals, combining decades of investment experience gained in major investment banks including JPMorgan, Goldman Sachs, Merrill Lynch, and UBS. This experience is further complemented by team's academic backgrounds in economics, mathematics, computer science and financial engineering with degrees from Wharton, Oxford, Cambridge, Cornell and Imperial College London.
The team's extensive experience in the financial industry gives GAO a deep understanding of the markets and specializations across investment asset classes. Over the years, GAO has achieved a resilient, consistent and successful track record on an absolute basis, providing clients with investment choices that are usually available only to much larger institutions.
Founder and Chief Executive Officer
Chauwei Yak is the Founder and Chief Executive Officer of GAO Capital. Under her leadership, the firm has been recognized as a pioneer in the use of quantitative techniques in the hedge fund investment space.
She has almost 20 years of investment experience and was previously Director of Research at a multi-billion family office in New York, and prior to that, in investment banking at JPMorgan and UBS Investment Bank, in New York, Tokyo and London.
She is a Chartered Valuer and Appraiser (CVA) and has passed all levels of the Chartered Alternative Investment Analyst (CAIA) program.
Chauwei graduated summa cum laude from the University of Pennsylvania with a dual degree, B.S. in Economics with Finance concentration from the Wharton School and B. A. in Asian & Middle Eastern Studies from the College of Arts & Sciences. She also received a minor in Mathematics.
Managing Director and Chief Risk Officer
Yongjie Yi is a Managing Director and Chief Risk Officer at GAO Capital, overseeing business development of the firm with the CEO and monitoring the risk models of the portfolios, as well as implementing hedging strategies.
Prior to joining the firm, he was a portfolio manager at a hedge fund in Singapore trading Nikkei and Topix futures and options. Before this, he was a trader at JPMorgan in Tokyo, where he traded fixed income exotics and was ranked top 10% of his cohort globally.
Yongjie graduated with a Bachelor degree (First Class Honours) in Electrical & Electrical Engineering from Imperial College of Science & Technology, and Master in Financial Engineering from Cornell University, New York.
Portfolio Manager, Equities
Kenneth Yap is the Portfolio Manager of the ASV Fund and has the majority of his own wealth in the fund. He has over 20 years of experience in equity markets, spanning Europe and Asia, buyside and sellside.
Kenneth was formerly the fund manager of the KAF Asia Equities Fund from 2013-19. During that time, the fund performed spectacularly well by beating the benchmark by over 50%. Prior to that, Kenneth was also former Head of Equity Sales at Macquarie Capital Securities in Jakarta, and Senior Equity Analyst at Dresdner Kleinwort Wasserstein, London. Kenneth is also formerly a Qualified Associate Chartered Accountant, ICAEW with Deloitte & Touche, London.
Kenneth graduated with a B.A in Economics and Management from the University of Oxford and was the recipient of the British High Commissioners' Chevening Award.
Lucas Ter has been trading options for a decade, and uses option and index futures to capture arbitrage opportunities.
He was previously the director of a F&B conglomerate with international currency exposure where he applied strategies such as Intraday Statistical Arbitrage and Market Auction Theory on US Equity Index and Commodities Futures. He also developed and engaged in Trade Statistical Arbitrage and Pairs Trading Strategies.
Lucas received his Msc in Risk Management and Financial Engineering from the Imperial College Business School. He received his BSc (First Class Honours) in Management (Accounting and Finance) from the University of Manchester.
Michele was a former quant researcher and trader at Citadel Securities where she developed equity options market making and market taking algorithmic trading strategies.
Prior to that, Michele was a quant researcher at Susquehanna International Group, responsible for US and European equity options strategies. Michele also held positions such as Vice President of Structured Products Trading at Goldman Sachs in New York, Director of Credit Trading at RBC New York and London, and AVP in Equity Derivatives Trading at Merrill Lynch Hong Kong.
Michele graduated with a Bachelor and Master of Arts, Computer Science at Cambridge University.
Talent Management and Head of ESG Strategy
Priya maintains an inclusive work environment at GAO where everyone has a voice and the opportunity to share their diverse opinions and variant views. She also spearheads our ESG efforts to integrate sustainability into the firm's strategy.
Priya was previously the Executive Director of a publicly listed recreational activities company. She was in charge of the operations pertaining to food and beverages and human resources departments of the company, and also actively involved with the Corporate Social Responsibility related initiatives of the firm.
Priya holds a post graduate degree in public health from University of Melbourne, Australia. She is also a trained and certified NLP (Neuro Linguistic Programming) Life Coach.
GAO's wider team combines decades of investment experience from global financial institutions and top schools from the US, UK and Singapore.