Jonathan Lai has left his investment director position at internet group Tencent for an investor role at US-based hedge fund manager Coatue Management, the Wall Street Journal has reported.
As director of investments and business development at Tencent, Lai led its western investments and strategic partnerships for three years, playing a key role in deals with Epic Games, developer of the extremely popular Fortnite title, and gaming communication platform Discord.
During Lai’s time in the role, Tencent’s deals also included a stake swap with Sweden-headquartered music streaming platform Spotify and investments in US-based Soundhound, Locus Biosciences and Wonder Workshop.
Lai joined Tencent in 2015 after three years as a senior product manager at game developer Riot Games followed by a short stint as head of product at Playdots, a mobile game studio backed by Tencent.
Lai will concentrate on digital entertainment investments for Coatue, backing private and publicly-listed companies involved in areas such as games, music, video and adjacent, enabling technologies.
– Photo of Jonathan Lai courtesy of LinkedIn.