Established in January 2016, Yao Capital is an RMB 2 billion private equity firm co-founded by NBA Hall of Famer Yao Ming and 4 veteran investors including David Han, former Chief Investment Officer of Wanda Group and former Managing Director of the Carlyle Group, and Erik Zhang, Yao Ming’s long time business partner and Team Yao leader. Yao Capital focuses on growth and buy-out stage investment opportunities in global sports industry with a China angle. With one of the best investment track records and reputations in the sports industry, Yao Capital is in a unique position to bridge world-wide sports resources with huge growth potential of China Sports market.