Stella Yang

6+ years of private markets investment experience spanning fintech, blockchain, and AI application-layer sectors. Specialized in industry research, financial modeling, due diligence, investment term negotiation, and cross-border deal execution.

Investment Manager at HashKey Capital (2025-01 – Present)

• Responsible for USD fund investments across traditional finance, blockchain, and AI, covering early-stage venture capital, Pre-IPO, secondaries, liquid tokens, and public equity investments
• Lead due diligence and investment thesis development for target opportunities, including financial modeling, catalyst analysis, competitive benchmarking, and investment memo writing
• Responsible for deal sourcing through industry conferences, founder networks, and institutional relationships to proactively identify investment opportunities
• Collaborate with the portfolio management team to drive the fund's exit-phase asset management strategy and liquid asset allocation direction for the new fund

Fund Investment Manager at Hercules Capital (2020-01 – 2024-12)

• Led deal sourcing and investment decisions; built a project screening and evaluation framework covering DeFi, Layer-1 blockchains, GameFi, and NFT sectors; conducted project research and investment evaluation
• Independently executed investment due diligence and deal execution, including tokenomics analysis, team background checks, and investment term negotiation (e.g., SAFT, Token Purchase Agreement)
• Managed day-to-day fund operations, including financial record-keeping, investor relations, quarterly report writing, and regulatory compliance filings

Associate at Morgan Stanley, Wealth Management (Greater China) (2018-09 – 2020-02)

• Managed high-net-worth client investment portfolios spanning equities, fixed income, and alternative investments, with approximately US$100M in assets under management for asset allocation execution and rebalancing recommendations
• Developed and executed personalized asset allocation strategies based on client risk appetite and investment objectives; conducted regular portfolio rebalancing analysis; supported Financial Advisors in explaining macroeconomic trends, industry developments, and portfolio performance to clients, and prepared client meeting materials
• Collaborated with internal product, risk management, and compliance teams to evaluate the suitability of new products (e.g., structured notes, alternative funds) for specific client segments; worked cross-functionally to ensure compliance with bank risk controls and relevant national and regulatory financial laws and regulations

Bachelor of Social Sciences in Economics – National University of Singapore (2013-01 – 2016-12)

Cambridge A-Levels – Anderson Junior College (2011-01 – 2012-12)