CEO

Edward Choi

Edward brings more than a decade of experience in portfolio management in Asian equities with a focus on growth and restructuring companies.

Edward's previous role included managing the Asian Long Short Equity Fund at Gordian Capital and Truston Asset Management and was a managing director responsible for Asian equities at Elmwood Advisors.

From 1995 to 2005, Edward was Head of Investor Relations at KB Financial Group, worked at CLSA as a Senior Analyst and an M&A banker at Bankers Trust.

CIO 

Jason Chan

Jason is currently serving as the Chief Investment Officer at Ternary and its private equity fund. Prior to establishing Ternary, he held the position of Managing Partner at Z10 Capital Ltd, a privately owned PE firm that specializes in pre-IPO investments in Hong Kong and China.

He began his career as a physical trader at Arbed Group and later joined the Iron Ore Division at Noble Group in Hong Kong, where he built an extensive network in the shipping and iron and steel industry.

Leveraging on his background in commodities, trade, and finance, Jason established multiple companies that focused on commodities trading and investing.

Jason holds a BA in Economics and Political Science from the National University of Singapore and is an alumnus of the Stanford Graduate School of Business.

Director

Eugene Chiang

Eugene is a serial entrepreneur and his business experience spans across Asia Pacific. His firm is one of Apple’s top 200 global suppliers. He led the company through a successful M&A in 2018.

Eugene’s commitment to giving back to the community is strongly aligned with Ternary’s philosophy of making the world a better place. He is an avid supporter of Sian Chay Medical Institution.

CFO

Peter Tan Chee Cheng

Peter has over 20 years experience in financial information project management, edible oil trading, business administration and corporate finance.

Leveraging his strong project and deal management capability, Peter  supports and contributes to the growth of Ternary.

Peter holds a Bachelor’s degree in Accountancy from Nanyang Technological University, Singapore.

Fund Manager

Yongchuan Pan

Prior to his current role as the fund manager of the Ternary Cypress Fund, Yongchuan spent 12 years with D E Shaw & Co trading in distressed and asset-backed investments.

From 2006-2012, Yongchuan was based in New York, responsible for trading asset-backed securities and related instruments.

Moving to London in 2012, Yongchuan was tasked with developing DE Shaw's European distressed assets segment with a focus on peripheral European countries, in particular Spain and Italy.

During this period, Yongchuan raised three distressed funds before moving to Hong Kong in 2015 to grow the firm's Greater China distressed portfolio.

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​Yongchuan graduated magna cum laude from Cornell University in 2006 with a Bachelor of Science in Operations Research and Industrial Engineering.

Fund Manager

Changsung Kim

Changsung is the lead arbitrage quant and co-founder of the Alphanonce Market Neutral fund, a multi strategy crypto arbitrage fund.

Prior to joining Ternary, Changsung worked as global alpha researcher at Trexquant and as a software engineer at VCNC and Warevalley.

He holds a Bachelor of Science in Electrical Engineering from Seoul National University and won a gold prize in KPhO (Physics Olympiad) during his high school days.

Business Development

Aegon Jae

As a co-founder of Ternary, AJ manages sustainability initiatives and business development.

Prior, Aegon founded 'Consulting AJ Pte Ltd', where he provided advisory services for corporations specializing in niche areas spanning across personal and organizational growth.

AJ also founded and continues to coach the 'Active Journey' - a functional and recovery fitness system culminating from his own experience in competitive sports and successful rehabilitation from injuries of varying magnitudes.

AJ spent the last decade in roles including fund management, food commodity trading, and, technical trading of various asset classes.

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Operations Manager 

Hoo Chui Whei

Having developed a keen interest in fund management over the course of her career, Chui Whei joined Ternary as an Operations Associate, supporting the operational growth of the company.

Prior, she spent 6 years managing a diverse range of administrative and operational functions in the banking industry.

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Chui Wei curently leads the operations team within Ternary and oversees the execution of fund setup and operations.

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Chu Whei holds a Bachelor of Business (Banking and Finance) degree from The National University of Malaysia.

Operations Associate

Sora Han

Sora joined Ternary Fund Management as a Fund Operations Associate in 2023 and currently manages daily fund operations and compliance. 

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Sora has two years of fund marketing experience in the Hanwha Asset Management in South Korea.

Sora holds a Bachelor of Science degree in English from Yonsei University, South Korea.

Operations Associate

Mary Ma

Mary's role in Ternary as a Fund Operations Associate draws on her decades of experience in operations management in small to medium enterprises.

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Mary holds a Bachelor of Nursing from Sichuan Traditional Chinese Medicine College.

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In her pursuit of professional growth, she is currently undertaking the ACCA qualification in Singapore to expand her skill set and knowledge base in the dynamic world of finance and operations.

Operations Associate

Yumi Kim

Yumi is a Fund Operations Associate at Ternary Fund Management, specializing in regulatory compliance, client coordination and corporate governance.

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Prior to joining Ternary, she served as a Corporate Secretarial Executive at Lee Kim Alliance, where she was responsible for a wide range of corporate advisory functions and close collaboration with statutory bodies and financial institutions to ensure regulatory compliance and effective client service. 

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Yumi’s professional experience spans logistics operations, retail management and educational instruction. She handled customer service for major logistics clients such as Hyundai Motor and SK Hynix. 

Yumi holds a Bachelor’s degree in Economics from Dongduk Women’s University in Seoul.

Operations Associate

Lee Ping Han

Prior to joining Ternary as a Fund Operations Associate, Ping Han was a SPV accountant at CSC Corporate Services, where she supported the accounting and operational needs of Singapore and U.S. Special Purpose Vehicles (SPVs) on behalf of Värde Partners Asia.

Ping Han was responsible for end-to-end accounting, including bank reconciliations, operational expense allocations, accounts payable, and the preparation of subscription and redemption documents.

Her experience included maintaining SPV share registers and corporate records, presenting quarterly financials to boards, and coordinating external audits.

Ping Han holds a Bachelor’s degree in International Finance with Honours from University Malaysia Sabah (UMS).