Overview
Teng Yue Partners, L.P. (“Teng Yue”, the “Firm”, “we”, “us”, or “our”) was formed in
February 2011. Tao Li is the founder and Managing Partner of the Firm. Teng Yue is a limited
partnership organized under the laws of the State of Delaware.
Teng Yue is currently an investment adviser on a discretionary basis to the following private
funds (collectively, the “Clients”):
Teng Yue Partners Fund, L.P. (the “Onshore Fund”)
Teng Yue Partners Offshore Fund, L.P. (the “Offshore Fund”)
Teng Yue Partners Master Fund, L.P. (the “Master Fund”)
Teng Yue Partners RDLT, LP (“PE Fund I”)
Teng Yue Partners RDLT II, LP (“PE Fund II”)
The Onshore Fund and the Offshore Fund (together, the “Feeder Funds”) invest
substantially all of their assets in the Master Fund. All Feeder Fund investments in securities
are made through the Master Fund. Collectively, the Feeder Funds and the Master Fund are
referred to as the “Hedge Funds” and are each individually referred to as a “Hedge Fund.”
In managing the Hedge Funds, Teng Yue pursues the Hedge Funds’ investment objective by
investing in a combination of long and short Asia-focused
equity investments, which are
currently concentrated in industries within Greater China. In managing PE Fund I and PE Fund
II (together, the “PE Funds,” and each individually a “PE Fund”), Teng Yue pursues each PE
Fund’s investment objective by investing primarily in private Chinese companies.
Teng Yue provides advice to the Clients based on their specific investment objectives and
strategies. Teng Yue does not tailor advisory services to the individual needs of investors of
the Clients.
Teng Yue launched its fund operations in March 2011. The general partner of the Onshore
Fund, the Offshore Fund and the Master Fund is Teng Yue Partners GP, LLC (the “HF
General Partner”), a Delaware limited liability company controlled by Tao Li. The general
partner of PE Fund I and PE Fund II is Teng Yue Partners RDLT GP, LLC (the “PE Fund
General Partner,” and, together with the HF General Partner, the “General Partners”),
a Delaware limited liability company controlled by Tao Li.
As of December 31, 2023, Teng Yue managed U.S.$ 2,804,357,803 in regulatory assets under
management, all on a discretionary basis.