Blue Pool Capital, a Family wealth fund jointly established by Alibaba founder Jack Ma and Tsai Chongxin, is a mysterious “family office” in charge of super wealth and investment trends, based in Hong Kong and established in 2004.
Blue Pool Capital dates back to 1999, when Tsai joined Alibaba as one of the founders and served as Treasurer and Director. He assisted Alibaba in its three most critical initial financings, with capital from Goldman Sachs, Softbank, Fidelity Investments, GGV and other well-known investment institutions.
Then was responsible for completing Alibaba’s two IPOs, and as Alibaba’s stock lock-up period ended, the wealth of Chongxin Cai and other senior executives needed to be invested and managed.
Tsai co-founded the Blue Pool Capital family office with Jack Ma in Hong Kong in 2014 after Alibaba’s U.S. IPO, primarily to take care of the billions of dollars in wealth from Alibaba’s initial public offering.
It is worth noting that Jack Ma has cut into the healthcare industry since 2011, and after the launch of Ali health, for pharmaceutical O2O platform, health insurance, telemedicine platform, drug retail and other directions of comprehensive integration and layout, articulating Ma’s business map.
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