CC
Composite Capital Management was a Hong Kong-based hedge fund manager founded in 2016 by former Hillhouse Capital partner David Ma, focusing on fundamental, value-driven equity investments with an emphasis on Asian themes. The firm was acquired by Sea Limited in March 2021 to form the core of Sea Capital, Sea's $1 billion investment arm.
Average disclosed round size is $65.0M (across 12 rounds with reported amounts).
Portfolio
9
Fund Size
$704M
Top Stage
Series D
Last 12 Mo
0
Team
DM
David Ma
Managing Partner
HN
Hayes Nuss
Managing Partner
JI
James Iker
Partner
CC
Christopher Cheukyiu Wong
Principal
TH
Tina Hu
Public/Private Technology Investing
TS
Tom Sinclair, CFA
Portfolio Manager
Portfolio Breakdown
Stage Distribution
Sector Distribution
Investment Activity
DealsAvg Round Size
Portfolio
14 investments
| Company | Round | Amount | Date |
|---|---|---|---|
 Hero Bread | Unknown | — | Jun 2024 |
| Hero Bread | Series B | $47.5M | May 2023 |
| Hero Bread | Series B | $15M | Jan 2023 |
 MPL | Series D | $95M | Feb 2021 |
| MMobile Premier League (MPL) | Series D | $95M | Feb 2021 |
| MMPL Gaming | Series D | $95M | Jan 2021 |
 TuSimple | Series D | — | Dec 2018 |
 Moglix | Series C | $23M | Dec 2018 |
| TuSimple | Series D | $250M | Jan 2018 |
 ClearTax | Series A | $2M | Jan 2018 |
| TuSimple | Series C | $55M | Nov 2017 |
 Zoox | Series C | $50M | Nov 2016 |
| TTeckst | Seed | $2.5M | — |
| ClearTax | Series B | $50M | — |
Top Co-Investors
Threshold Ventures3 shared
Sina Corporation3 shared
Cleveland Avenue3 shared
DNS Capital3 shared
RTP Global3 shared
Moore Strategic Ventures3 shared
Founders Circle Capital3 shared
Sequoia Capital3 shared
Union Grove Venture Partners2 shared
444 Capital2 shared
Redpoint Ventures2 shared
Telstra Ventures2 shared
Base2 shared
NVentures1 shared
35V1 shared
J-Ventures1 shared
Titanium Ventures1 shared
Plaza Ventures1 shared
Base10 Partners1 shared
Last updated: 7 October 2026