Fung Group family office ventures into China food safety

Hong Kong consumer goods and supply chain giant Fung Group’s family office is expanding into new investment areas, such as food safety in China, by transitioning into a co-general partner (GP) investment mode. “This is a good way to help us expand into new areas without expanding the family office size tremendously,” said Monica Tsui, managing director at Fung Investment Management. It means the family office will co-manage investment funds with other GPs to expand investment sc…