Benjamin Fanger

Benjamin Fanger is the Managing Partner and founder of ShoreVest Partners and is one of the pioneering investors in China’s credit markets. He has managed approximately $2 billion in Chinese distressed debt and special situations investments, and sits on ShoreVest’s Investment Committee. In 2004, Mr. Fanger was one of the founders of Shoreline Capital and architected the firm and its strategies. In over a decade of Chinese distressed experience, Mr. Fanger has been involved in sourcing, analysis, negotiation, restructuring and liquidation related to acquiring and disposing countless distressed assets in China. He has worked directly with Chinese distressed asset sellers, borrowers, judges, and government officials related to the investments. Prior to co-founding Shoreline Capital and ShoreVest Partners, Mr. Fanger started several companies, two of which he sold to public companies. During graduate school, he also worked at the law firm O’Melveny & Myers on early Chinese distressed debt and private equity transactions. Mr. Fanger has been fluent in spoken and written Chinese for over twenty years. He also holds a JD and MBA from the University of Chicago and is a licensed attorney in the State of California.

Mecy Mei

Ms. Mei is a Partner at ShoreVest. She also sits on the Firm’s Investment Committee. Prior to ShoreVest, she was a Partner at Shoreline Capital where she served for eight years. Her investment experience includes both Chinese private credit special situation investments and non-performing loans. Ms. Mei led her team of investment professionals to the successful completion of the entire process, from deal sourcing, due diligence, deal structure to acquisition/negotiation and monitoring and exits. Prior to ShoreVest and Shoreline Capital, Ms. Mei worked at Morningstar as a fund analyst where she focused on fund strategy analysis. In that capacity Ms. Mei worked closely with outside clients in creating portfolios of debt and equity in China. Ms. Mei is a Chartered Financial Analyst (CFA). She holds a bachelor’s degree in economics from Hefei University of Technology and a master’s degree in economics from Nanjing University.

Hui Zheng

Ms. Zheng is a Partner at ShoreVest. She holds a seat on the Firm’s Investment Committee. Prior to ShoreVest, she was a Partner at Shoreline Capital, where she worked for eight years. Her investment track record includes entry-to-exit management of both Chinese private credit special situation investments and non-performing loans. Ms. Zheng leads her team of investment professionals to the successful completion of the entire process, from deal sourcing, due diligence, deal structure to acquisition/negotiation and monitoring and exits. Prior to ShoreVest and Shoreline, Ms. Zheng was involved in the liquidation of non-performing loan assets when she was with a Guangdong law firm as an attorney. Ms. Zheng has published several papers including “Negative Impacts the New Bankruptcy Law has on the Liquidation of Non-performing Assets.” She holds a law degree from Nanchang University of Law and holds an LLM in civil and commercial law from Sun Yat-sen University School of Law.

Michael Chang

Michael Chang is a Partner and the Chief Operating Officer at ShoreVest. In this role, Mr. Chang handles coordination between ShoreVest’s human resources, information technology, finance, and compliance departments. He brings over a decade of experience in investment management in the United States and Asia, having worked at Stamos Capital Partners, Bridgewater Associates, and Cambridge Associates. He holds an MBA from MIT Sloan and a BA from Stanford University.

Cathy Chen

Ms. Chen is a Senior Legal Counsel at ShoreVest Partners. Based in ShoreVest’s Guangzhou office, Ms. Chen leads ShoreVest’s legal department supervising all legal matters related to ShoreVest’s investments, including deal sourcing, due diligence, analysis, negotiation, and post-investment management and exits. Prior to ShoreVest, Cathy was a Lead Legal Manager in the Risk Control Department and a Senior Manager in the Investment Banking Department at HNA Investment, where she specialized in providing legal services primarily relating to private equity investment funds, financing leases, pledge of equity/shares for financings, etc. She also undertook dispute resolution work in respect of corporate and commercial matters. Ms. Chen also practiced at a leading PRC law firm, Junhe Law Offices, and worked in a boutique law firm in Singapore, where her expertise included initial public offerings, private equity investments, cross border acquisition of businesses, assets and shares, local and regional joint ventures and corporate restructuring. Ms. Chen graduated from Fudan University of People’s Republic of China with a Bachelor of Laws degree and is a qualified lawyer in China.

Ada Bi

Ms. Bi is a Partner and the Chief Financial Officer at ShoreVest. She is responsible for the firm’s financial, tax, fund reporting, and invested projects’ financial control. Prior to joining ShoreVest, Ms. Bi was the Chief Financial Officer at Shoreline Capital from 2008 until 2016. Prior to 2008, she had over ten years of experience in financial accounting. While working at Citic-Prudential Insurance Company as Senior Finance Manager in China, Ms. Bi was mainly responsible for business analysis, tax, and projects. While working at Royal Bank of Canada as Senior Financial Analyst in Toronto, she served their mutual fund and commercial banking platforms. Ms. Bi was the Head of Finance for AIG Insurance Company in charge of financial reporting, treasury, tax and budgeting for the property and casualty arm of AIG in China. Ms. Bi is a Fellow member of the Association of Chartered Certified Accountants, as well as a member of Chartered

Professional Accountants (Canada) and holds a bachelor’s degree in international trade from Guangdong University of Foreign Studies in Guangzhou, China.

Viviane Mao

Ms. Mao is a Partner and Head of IR at ShoreVest. Ms. Mao comes with years of experience in capital market developments, investor relations and compliance. Prior to ShoreVest, Ms. Mao was with Shoreline Capital for eight years, advising and working with the founding partners on fundraising, investor relations, fund reporting and compliance. She helped Shoreline’s registration with the SEC in 2012 and continued to oversee its reporting requirements as an investment adviser. Coordinating with staff members in Guangzhou and California, Ms. Mao also executed the implementation of the Code of Ethics and the Compliance Manual. Previously she held positions in corporate communications and financial public relations consultancy at marketing communication firms, listed companies, Ogilvy PR International, and Ketchum’s affiliate in Taiwan and Singapore. After she received a certificate of Personal Financial Planning from the University of California, Santa Cruz, Ms. Mao worked in a financial planning firm in California. She passed the CFP certification examination in 2007. Ms. Mao holds a bachelor’s degree in journalism from The Ohio State University.

Philbert Fan

Philbert Fan is a managing director at ShoreVest.  In this role, Mr. Fan is responsible for sourcing, leading due diligence, structuring and post-investment management of credit opportunities with a focus in the high yield lending space. He brings over twelve years of experience in investment management and strategy in the United States and Asia, having worked at Chronicle Holdings (founded by Goldman SSG alumnus), China Vanke, 3G Capital and The Boston Consulting Group. He holds an MBA from Harvard Business School and a BA from Stanford University.

Dinny McMahon

Dinny McMahon is an Economic Advisor to ShoreVest, working with the firm to analyze the dynamics of China’s credit markets, and assisting the investment committee in its strategic directions.  In this role, Dinny actively analyzes the state of China’s commercial banking system, the volume and nature of the banks’ non-performing loans and clean up efforts, as well as other macroeconomic matters affecting ShoreVest’s deal sourcing and execution. Dinny McMahon spent ten years as a financial journalist in China, including six years in Beijing with The Wall Street Journal, and four years with Dow Jones Newswires in Shanghai, where he also contributed to the Far Eastern Economic Review. In 2015, he left China and The Wall Street Journal to take up a fellowship at the Woodrow Wilson International Center for Scholars, a think tank in Washington DC, where he wrote China’s Great Wall of Debt: Shadow Banks, Ghost Cities, Massive Loans, and the End of the Chinese Miracle, a book about the Chinese economy that was published in 2018. Until recently he was a fellow at MacroPolo, the Paulson Institute’s think tank, where he wrote about China’s efforts to clean up its financial system. Dinny currently does research on China’s financial system for financial services firms. Dinny is fluent in Chinese, having studied the language in Beijing and Kunming, and followed by a year at the Johns Hopkins SAIS campus in Nanjing where he studied international relations in Chinese.

Jim Chang

Mr. Chang is a Senior Advising Partner at ShoreVest and Chairman at ShoreVest Asset Solutions. He is an entrepreneur and investor based in Greater China. Mr. Chang began his career at Westinghouse. He later led and negotiated the sale and financing of a European multinational’s first ever large-scale power generation deployments in Greater China, totaling close to $2 billion from 1994 to 1997. In the subsequent decades, he has been an active entrepreneur and investor, starting or investing in companies across real estate development, energy, infrastructure, healthcare, hospitality, and financial services within Greater China. Mr. Chang’s family has been a limited partner in all of Shoreline Capital’s previous funds and he has served as a mentor to the firm’s founders as they built the business. Mr. Chang holds a BS in physics from National Cheng Kung University and a PhD in biophysics from The University of Kansas.

Daoping Yang

Mr. Yang is a Managing Director and a head of Eastern China at ShoreVest Asset Solutions or SAS (ShoreVest’s captive servicer platform, which manages the servicing of distressed assets for the ShoreVest funds across China). He is a seasoned senior executive in China; since 2015 Mr. Yang has worked on alternative investments focused on NPLs, real estate and energy. Prior to 2015, Mr. Yang spent twenty years as an executive at Sinopec, responsible for various aspects of global and regional supply, pricing, and trading. Mr. Yang holds an MBA from China Renmin University and has studied at Georgia Institute of Technology.

Xiaoqiang Ji

Mr. Xiaoqiang Ji is the Beijing head of ShoreVest Asset Solutions or SAS (ShoreVest’s captive servicer platform, which manages the servicing of distressed assets for the ShoreVest funds across China) and is in charge of SAS’s deal sourcing and servicing in Northern China. Before joining SAS, Mr. Ji was a personal investor in alternative assets, and also the CEO of a joint venture company in partnership with one of China’s largest steel trading companies, Hangzhou Relian Group. Prior to that, Mr. Ji worked at a state-owned enterprise for 16 years and was responsible for the allocation and transport of all coal and oil used nationwide for power generation by state-owned power companies. The annual value of coal and oil he allocated was in excess of USD 150 billion. He is a seasoned businessman with many years of experience operating in China. Mr. Ji holds an EMBA from Tsinghua University and a BS from North China Electric Power University.