Thursday 21 September 2023

RECHARGE CAPITAL APPOINTS MARGARET WANG AS MANAGING PARTNER

KUALA LUMPUR, Sept 20 (Bernama) -- Recharge Capital announced former Executive Director and Head of Bridgewater Associates Singapore, Margaret Wang, has been appointed as Managing Partner focused on leading its Women’s Health Strategy.

According to the thematic-first private investment firm in a statement, Wang will lead the firm’s Singapore office and spearhead its operations in the Asia Pacific region.

Recharge Capital Founding Partner, Lorin Gu said Wang's appointment is a catalytic moment for the firm, whereby she brings tremendous experience to its thematic-first investment framework and maintains a track record as one of the world’s best-in-class asset managers across sectors.

Meanwhile, Wang said: “The firm’s thematic strategy is well-positioned to foster innovation and societal impact across the value chain, and I am excited to tackle the crucial challenges our world faces through our unique approach to investing in and building meaningful businesses.”

Began her career in strategy and business development at Merrill Lynch and Goldman Sachs, Wang joined Recharge Capital with experience in senior leadership positions at global asset managers and financial services firms.

Prior to leading Bridgewater Associates Singapore, Wang served as Director of Strategic Initiatives at Paxos, a blockchain infrastructure provider, and as Head of Product Partnerships at Squarespace.

Upon joining Recharge Capital, Wang is set to play a crucial leadership role in the firm’s thematic strategies, including Rhea Holdings Co, a US$200 million women’s healthcare-focused investment vehicle launched in June. (US$1=RM4.69)

With a strong emphasis on women's healthcare and fertility, Recharge Capital which operates from its offices in New York and Singapore, leverages its expertise and strategic partnerships to invest, scale and optimise transformative businesses.

-- BERNAMA

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