In April 2006, Fung Capital Asia completed a buy-out transaction of the Trinity Group of companies. Founded by the Lee family in Hong Kong more than 30 years ago as a high-end menswear manufacturer, Trinity was at the time of acquisition already one of the largest menswear retail groups in the Greater China Region with more than 150 mono-brand retail outlets under various brands - including Cerruti 1881, Gieves & Hawkes, Kent & Curwen, D'Urban and Altea.

Trinity was listed in the Hong Kong Stock Exchange in 2009. Today, Trinity is one of the largest high-end menswear retailers in the Greater China Region and globally operates over 400 retail stores.


In March of 2007, LF Asia acquired Kanematsu Textile Corporation (“KTC”) from Kanematsu Corporation of Japan (listed on the Tokyo Stock Exchange). KTC is a leading Japanese apparel and textile trading, distribution and retail company with a consolidated turnover of over US$450 million. From material to apparel, from OEM to brand, the company’s innovative marketing approach enables it to create value and respond quickly and flexibly to meet customer requirement.


Lever Style Inc. is a specialized manufacturer of shirts and suits with over 30 years of history. It currently creates more than 10 million woven garments a year in China. Its capabilities range from luxury to innovative fashions. It offers services from design to final finishing. Its customers include top labels such as Armani, Calvin Klein, J Crew and Cerruti 1881.

Fung Capital Asia is a minority investor in Lever Style.

Lever Style Inc

Moonbasa is a leading female fashion and accessory branded e-Commerce retailer in China. Founded in 2006, Moonbasa has been growing rapidly over the years as a result of growing demand for its casual mid-priced fashion catering to early twenties to mid thirties women in China.

Fung Capital Asia has a minority stake in Moonbasa and is working with the company on improving their merchandising and supply-chain capabilities.


PCH is a leading supply chain management company specializing in fashionable accessory of consumer electronics products. It provide services from product design, contract manufacturing to fulfillment. It's customers include Apple, Amazon, Samsung, and other major consumer electronics brands.

Fung Capital Asia is a minority shareholder and is working with the company to improve its supply-chain capabilities.


Hup Soon Global Group of Companies is engaged in the marketing and distribution of agriculture tractors, automotive batteries and parts, and industrial supplies and products in South East Asia. It trades under long-established names such as Anglo Thai, Borneo Technical and United Motor Works. It represents more than 40 suppliers including New Holland, 3M, DuPont and Mitsubishi. The Company is listed in The Stock Exchange of Singapore since 2007.

Fung Capital holds 15% of the listed Group.

Hup Soon Global