Experienced investor in private and public markets, with a specialization in real estate, and a deep family legacy connected to China’s history.
Jay Chen, a Hong Kong resident, is a Partner at Cypress Capital Group and has been an active and longtime investor in the private and public markets. Jay is managing partner of Gold Bunker, a real estate investment partnership, and investor and advisory board member for multiple Phoenix Property Investors funds, a US $2B Pan-Asian private equity real estate firm.
Jay was born in Beijing in 1959 to a family with a long history of working for the welfare of China and its people. He is the grandson of Eugene Chen (Chen Youren), personal secretary and then Foreign Minister in Dr. Sun Yat-sen’s Nationalist Government. His father, Jack Chen (Chen Yifan), a journalist and scholar, who established the New China News Agency London branch during the war years. In 1971, his family left China for the United States, where Jack Chen advised on Chinese affairs and taught at Cornell University. Jay is a well-seasoned Greater China specialist, beginning his career overseas in 1984 as a member of the negotiating team, and later as CFO of the Tianjin Otis Elevator JV, overseeing the largest joint venture at that time between a Chinese and American company. In 1987, Jay worked as a professional associate for the Boston-based MAC Group in Hong Kong and in 1991 co-founded his own firm, XRG, a transactional business/management consulting firm serving other multi-national firms to establish and expand their presence in China.
Jay was raised in upstate New York and received his B.S. in electrical engineering, M.E. in computer structures and M.B.A. (focused on financial and option valuations) from Cornell University.