WFM Asia (formerly Ward Ferry Management) is an independent investment manager based in Hong Kong, specializing in long-only equity investments in small and mid-cap companies across Asia, employing a private equity approach to public market investing.
Average disclosed round size is $481.1M (across 7 rounds with reported amounts).
Portfolio
6
Fund Size
—
Top Stage
Series C
Last 12 Mo
0
Team
SC
Sihan Chen
Managing Director / Investment Director
DC
Daphne Chester
Partner & President
VM
Vivienne MAO
Investment Director
HZ
Humphrey Zhang
Investment Analyst
NK
Naoki Kikuchi
Japan Equity Investment Analyst
GS
Gaurav S.
Investor
AK
Anubhav Kaul
Public and private equity investments
JJ
Jek J W.
Investments
Portfolio Breakdown
Stage Distribution
Sector Distribution
Investment Activity
DealsAvg Round Size
Portfolio
8 investments
Top Co-Investors
Bertelsmann India Investments3 shared
SAIF Partners3 shared
Fidelity Investments2 shared
Matrix Partners2 shared
Z472 shared
InnoVen Capital2 shared
Alpha Wave Global1 shared
Tiger Global Management, LLC1 shared
Goodwater Capital1 shared
Kora Management LP1 shared
Mizuho Bank1 shared
Tencent Investment1 shared
Abu Dhabi Investment Authority1 shared
GV1 shared
Primavera Capital Group1 shared
Elevation Capital1 shared
Luminous Ventures1 shared
GGV Capital1 shared
Last updated: 20 October 2026