Cliff L. Cheung 張亮航



  • Executive Director of QuestMark Capital Management Sdn Bhd
  • Member of Investment Committee, QMA Capital Sdn Bhd
  • Chairman of InterLeader Capital Limited


(852) 2156 8877
(603) 6204 9228

@QuestMark Group
@QMA Capital




Mr. Cliff Cheung is an Executive Director of QuestMark Capital Management Sdn Bhd. He also heads InterLeader Capital Ltd, a dynamic investment company focused on private equity, real estate and special situation investments in Greater China. InterLeader Capital integrates professional value-investing with maximum flexibility in its investment strategy. Besides investing the group’s proprietary capital, the company also leads co-investments from an international network of high-net-worth families and institutional investors through an open architecture.


Mr. Cheung is a private equity veteran with more than 25 years of experience investing in Asia-Pacific and the U.S. He was previously a significant shareholder, Managing Director and Chief Investment Officer of PAMA Group Inc. (originally known as Prudential Asia), one of the longest-established and largest private equity firms in Asia established by The Prudential Insurance Company of America in 1986.


Mr. Cheung has served on the board of directors of many publicly listed and private companies, including KorAm Bank and Meritz Securities of Korea and companies in the media, telecommunications, technology, logistics, manufacturing and consumer businesses across Asia. He is a former Chairman of The Hong Kong Venture Capital and Private Equity Association, and has served on the Listing Committee of the Growth Enterprise Market of the Hong Kong Stock Exchange, Financial Services Advisory Committee of the Hong Kong Trade Development Council, and Asia-Pacific Advocacy Committee of the CFA Institute. Mr. Cheung is also a founding director of SOW (Asia) Foundation, a social investment fund to support social enterprises in Asia.



Mr. Cheung graduated from the University of Hong Kong and received his EMBA from J.L. Kellogg School of Management/HKUST. He has also completed an advanced leadership program at the Tsinghua University in Beijing and is a charter-holder of the Chartered Financial Analyst (CFA) designation.