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Recharge Capital, a outstanding $6B thematic-first non-public funding agency, has introduced the appointment of Margaret Wang, beforehand the Government Director and Head of Bridgewater Associates Singapore, as its new Managing Associate. Wang’s main focus might be on main the Ladies’s Well being Technique and overseeing the agency’s operations within the APAC area from its Singapore workplace.
Recharge Capital is a thematic-first non-public funding agency that emphasizes innovation and influence throughout a number of sectors. With a specific concentrate on ladies’s healthcare and fertility, the agency operates from New York and Singapore, aiming to result in optimistic change within the international funding panorama
Margaret Wang brings a wealth of expertise from her tenure in senior management roles at international monetary establishments. Earlier than her function at Bridgewater Associates Singapore, Wang held positions because the Director of Strategic Initiatives at Paxos, a blockchain infrastructure supplier, and the Head of Product Partnerships at Squarespace (NYSE: SQSP). Her partnerships at Squarespace included collaborations with tech giants corresponding to Apple, Google, and Fb. Wang’s early profession noticed her in strategic roles at Merrill Lynch and Goldman Sachs.
Lorin Gu, Founding Associate of Recharge Capital, remarked on the appointment, “Margaret’s appointment is a catalytic second for our agency. She brings super expertise to our thematic-first funding framework and maintains a monitor document as one of many world’s best-in-class asset managers throughout sectors.”
Certainly one of Wang’s rapid tasks might be her management function in Rhea Holdings Co., a $200M ladies’s healthcare-focused funding car that Recharge Capital launched in June 2023. This distinctive non-public fairness construction goals to drive transformative progress within the ladies’s healthcare sector by leveraging cross-asset class methods.
Wang expressed her enthusiasm in regards to the new function, stating, “The agency’s thematic technique is well-positioned to foster innovation and societal influence throughout the worth chain. I’m excited to sort out the essential challenges our world faces by means of our distinctive strategy to investing in and constructing significant companies.”
Throughout her tenure at Bridgewater Associates, Wang was instrumental in establishing and main the agency’s Singapore workplace, reinforcing its presence within the APAC area. Kyle Delaney, President & Chief Business Officer of Bridgewater Associates, acknowledged her contributions, saying, “Over the previous a number of years, Margaret has performed an essential function in furthering our presence in Singapore. We’re thrilled to observe Margaret tackle her new function.”
Recharge Capital continues to be a major participant in varied sectors, together with fintech democratization, ladies’s healthcare, digital property, and semiconductor enablement.
Picture supply: Shutterstock
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