Raymond Zage
George Raymond Zage, III is a Singapore-based businessman and former hedge fund manager from Schaumburg, Illinois, USA.
Career
After 8 years at Goldman Sachs, Zage rose to prominence at Farallon Capital Management, where he founded the hedge fund's Asian business.At Farallon, Zage spearheaded large private investments in Asian corporates in a way that differed from Farallon's historical investment approach. These investments included the purchase of a controlling stake in Bank Central Asia after the Asian Financial Crisis, an investment in Aston Resources, which eventually listed and merged with Whitehaven Coal and Go-Jek, where he is on the board.
These investments required Farallon to establish new, closed-end investment vehicles, including Farallon Asian Special Situations I, II and III, a marked departure from the liquid hedge fund that Farallon had traditionally managed.
After leaving Farallon to found Tiga Investments, Zage was involved in a restructuring of Lippo Karawaci, where he joined the board.
In 2020, Zage was a lead investor in the over $600 million acquisition of Grindr from Chinese gambling company Beijing Kunlun Tech Co. This transaction was a result of the decision by the US government's Committee on Foreign Investment in the United States to compel the owner of Grindr, a Shenzhen-listed Chinese company, to sell the company to US interests.
Zage is an independent director of Toshiba, and has also made personal investments in Whistler, BC.