Jack Z. Chen
Mr. Jack Z. Chen is the Founder and CEO of Transworld Capital Group. He has over 16 years of experience in managing complicated cross-border investments involving Western and Chinese companies. In 2010, Mr. Chen led Beijing-based Pacific Century Motors, a public-private acquisition consortium, in its acquisition of Nexteer Automotive, a major unit of General Motors specializing in steering systems and related technologies with over $2 billion in revenue, in a transaction referred to as “one of the landmark deals of the era” by the Wall Street Journal. The Nexteer Automotive transaction followed the 2009 acquisition of Delphi Corporation's braking and suspension unit by a similar Beijing-based consortium, in which Mr. Chen also acted as an advisor. Each of these two transactions comprised the largest overseas acquisitions by a Chinese company in the automotive parts industry at their respective times.
In addition to providing M&A advisory services, Mr. Chen has made investments in companies that have become highly successful. Those companies include Trio Engineered Products Inc., one of the world’s leading independent manufacturers of aggregate and mining equipment which was sold to the Weir Group in October 2014 for approximately $238 million, and Magceutics Inc., a biotech company that has developed a patented compound that has been shown in preclinical experiments to reverse age-related memory decline and prevent memory decline in lab mice. Magceutics is conducting a clinical trial at Stanford University which will lead to the Phase II Clinical Trial in the Alzheimer’s Disease patients. Magceutics has achieved profitability through the licensing of a patented compound to nutriceutical companies.
In his early career, Mr. Chen completed several notable restructuring transactions and became one of the key members of the management team post-transaction. Mr. Chen was the founder and president of MTC Direct, which acquired Micro Technology Concepts, Inc., one of the world's largest mass storage specialists with over $300 million in revenue. He subsequently raised two institutional rounds of financing and helped turn MTC into a “click & mortar” e-commerce company. From 1993 to 1997, Mr. Chen was the Co-Founder and COO of Bestone Investment Group, Ltd., which acquired Conch Cement, the largest cement company in China, and helped build it into the leading cement manufacturer in Asia. Conch Cement is now listed on the Hong Kong Stock Exchange (ticker: “914.HK”) with over US$20 billion market capitalization.
During the mid 2000s, Mr. Chen spent two years at Barrington Associates, the leading middle market investment banking firm in the Western United States (acquired by Wells Fargo in 2006), where he was the founding chairman of its Asia-Pacific Division.
Mr. Chen was appointed International Investment Advisor to Beijing Municipality in 2009, and has been serving in that capacity since then. Mr. Chen has been a speaker at the Young President's Organization, Harvard University's HPAIR Conference, USC, UCLA, the MIT Business Forum, the China Compass Conference, the Cross Border Investment Conference (jointly hosted by the Brookings Institute and Tsinghua University), the US Embassy in Beijing, the ACG Conference and numerous Chambers of Commerce. Mr. Chen was named one of the top ten Chinese American Entrepreneurs in Southern California in 2007. Mr. Chen is a Charter Member of the Pacific Council on International Policy and a Board Member of the Asia Society of Southern California. He also serves on the board of the Methodist Hospital Foundation and the advisory board at Vision To Learn. He is the chairman of the board of Jiao Tong University Alumni Association in Southern California, and was awarded Outstanding Overseas Alumni by his alma mater.
Other Team MembersJack Z. Chen - Chairman & CEO
William Lee, Ph.D. - Managing Director
Yu-feng (Frances) Chou, Esq. - COO & General Counsel
Kevin Wang - Consultant
Alex Cree - Consultant
Corrina Liu - Associate
Frank Fu - Operating Director and Accounting Manager
Jingbin Guo - Senior Advisor
Guanping Feng, Ph.D - Senior Advisor
Baizhu Chen, Ph.D - Advisor
Bo Zhu - Advisor