Wavemaker Partners

Empowering startups

with trusted

partnership

Empowering

startups with

trusted support

As strategic partners, we do more than just fund—we strive to consistently deliver expert support to amplify growth and impact. We stand as our founders’ strongest advocates, through good and bad times.

Partners

Paul Santos
Paul Santos
Founding Partner
Paul Santos Founding Partner

B. Paul Santos is Managing Partner of Wavemaker Partners and led the establishment of the venture capital firm’s Singapore-headquartered Southeast Asia office in 2012. Wavemaker Partners is Southeast Asia’s go-to VC firm investing in early-stage enterprise, deep tech, and sustainability startups. Since 2012, it has backed 180+ companies, of which 160+ (85%) are in enterprise, deep tech and/or sustainability. The firm has over US$300 million in AUM across four funds in the region, and has seen more than 10 exits with an aggregate enterprise value of over US$700 million. These exits include TradeGecko’s acquisition by Intuit, and Moka’s and Coins.ph’s acquisitions by Gojek. Notable active portfolio companies include eFishery, Growsari, GudangAda, Silent Eight, Borneo, and Iterative Scopes. Today, 75% of Wavemaker’s active portfolio startups in Southeast Asia are aligned with at least one UNDP Sustainable Development Goal.

Paul is also one of the founding partners of Wavemaker Impact, a Southeast Asian venture builder partnered with Enterprise Singapore (ESG) and the United Nations Development Programme (UNDP), that aims to co-found climate tech startups. He also chairs the investment committee for Asian Development Bank (ADB) Ventures. Prior to starting Wavemaker Partners, Paul was an entrepreneur who co-founded six companies and sold three. He started his career as a product manager at Procter & Gamble. He graduated from the Ateneo de Manila University with a B.S. in Management Engineering and a Joint Minor in International Management with the University of Antwerp.

Marie Cheong
Marie Cheong
Founding Partner
Marie Cheong Founding Partner

“Marie Cheong is a Founding Partner of Wavemaker Impact, the first VC-backed climate tech venture builder in Southeast Asia. Wavemaker Impact co-founds startups with experienced entrepreneurs with the aim of building a portfolio of scalable companies that can abate 10% of the global carbon budget.

Marie has worked with over 20 entrepreneurs to help them build their businesses. In the last two years, Marie has focused exclusively on launching climate tech startups in Southeast Asia and is passionate about increasing the pipeline of women founders in the sector.

Prior to joining Wavemaker Impact, Marie led the Venture Build program at ENGIE Factory, where she was responsible for building a portfolio of 10 climate tech ventures valued at over US$8M at pre-Seed round.

Marie was also the general manager at a SAAS startup and a senior member of KPMG’s Digital + Innovation team. Her career also includes stints in management consulting and in a construction company, where she specialized in operations strategy, business development, cost reduction, and process improvement.

Marie has a MBA from the National University of Singapore where she graduated as valedictorian and holder of the Panasonic Marketing Award.”

Quentin Vaquette
Quentin Vaquette
Founding Partner
Quentin Vaquette Founding Partner

Quentin is a venture builder with deep expertise in climatech, energy technology and business model innovation. He has built a successful corporate venture builder for ENGIE focused on climatech with partners like EDB, ESG and Standard Chartered Bank, at which he has built over 10 companies in Southeast Asia in areas such as solar, energy efficiency, cold chain, industrial processes and green finance. Prior to that he built ENGIE’s renewable hydrogen business and led the investment in large and small scale renewable energy infrastructure projects across South and Southeast Asia.

Doug Parker
Doug Parker
Founding Partner
Doug Parker Founding Partner

Doug is a deep tech entrepreneur, having built and exited nuTonomy, one of the very few successful self-driving car companies. He is now 100% focused on investing in clean tech, including green energy, climate change and water and waste technologies.

Steve Melhuish
Steve Melhuish
Founding Partner
Steve Melhuish Founding Partner

Steve is an entrepreneur who has built businesses in Asia and Europe. This includes most recently as co-founder of PropertyGuru Group, which he grew into a market leader in Southeast Asia, serving 37 million people monthly. He is a sustainability advocate, angel investor and mentor focused on climate and social impact in Asia.

Monique Conheady
Monique Conheady
Venture Partner
Monique Conheady Venture Partner

Monique is an environmental engineer by training with 25 years of experience in the cleantech and climatetech space. As a successful serial entrepreneur with exits including Flexicar and DC Power Co, she is currently an AU Venture Partner with WMi and serves as a mentor and advisor to various cleantech and climatetech founders and startups. Monique is also a non-executive director and chair for cleantech scale-ups like JET Charge and Phantm, an IC member with two Australian climatetech funds (Breakthrough Victoria and Ecotone’s Planet Fund), and holds NED/Chair roles on various government boards.

Venture Build

Guillem Segarra
Guillem Segarra
Principal
Guillem Segarra Principal

Guillem is Principal at Wavemaker Impact, collaborating with experienced entrepreneurs and venture building teams to identify and develop significant, scalable opportunities in the climatech sector. Prior to joining Wavemaker Impact, Guillem was the CEO of HappyFresh Group, Southeast Asia’s leading food-focused last mile logistics and on-demand delivery company. Before that, Guillem held several roles in Lazada Group and Vodafone Global Enterprise.

Ben Ong
Ben Ong
Venture Builder
Ben Ong Venture Builder

Ben is a venture builder with experience in digitalization, industrial technologies, and sustainability spaces. Prior to joining Wavemaker, he was part of venture teams within the Singapore Economic Development Board and the World Economic Forum, building impactful businesses and startups. During his free time, Ben can be found trying to perfect his pasta-making skills and fixing vintage watches he bought on eBay.

Clement Tay
Clement Tay
Venture Builder
Clement Tay Venture Builder

Clement is a venture builder with a strong track record of growing new ventures. Prior to joining Wavemaker Impact, Clement helmed various product and growth teams at Carro and Snapask. Using his expertise in customer development, product development, and growth hacking, he hopes to create lasting impact for the world through venture building. In his free time, Clement enjoys spending time with stray cats and exploring the benefits of yoga for both mind and body.

Sumira Jayabalan
Sumira Jayabalan
Venture Builder
Sumira Jayabalan Venture Builder

Sumira is a venture builder with experience in strategy development and early stage business building. During her stints in management consulting and digital media, she was the driving force behind the creation of a range of new SEA-based digital platforms, and is deeply passionate about using these skills to create the next generation of climatech unicorns.

Tauhid Pandji
Tauhid Pandji
Venture Builder & Country Head, Indonesia
Tauhid Pandji Venture Builder & Country Head, Indonesia

As an experienced venture builder, Tauhid has co-founded several ventures in Indonesia in the space of circular economy. Prior to joining Wavemaker Impact, he led impact-focused venture builds at Enviu and held operational roles at Uber, OYO and Gojek. Tauhid also mentors startups in the early and scale-up stage, providing insights on all aspects of startup growth.

Yifei Xiao
Yifei Xiao
Venture Builder
Yifei Xiao Venture Builder

Before unearthing her passion for sustainability, Yifei had a wide-ranging career in the public sector, including growing the startup ecosystem and tourism sector. As a wine enthusiast with a thirst for travel, she cares deeply about preserving and regenerating natural landscapes that sustain life.

Ari Samudra
Ari Samudra
Venture Analyst
Ari Samudra Venture Analyst

Ari is a venture builder with background in strategy development and early-stage business growth, complemented by his expertise in Bioenergy Engineering from the Bandung Institute of Technology. Prior to his role at Wavemaker Impact, he played a pivotal role in the Strategy Team at Pitik and provided strategic consulting services at Mercer Consulting, where he supported multiple companies in enhancing their business strategies.
In his personal time, Ari enjoys staying active on the badminton court and exploring local cafes.

Cheryl Kek
Cheryl Kek
Venture Analyst
Cheryl Kek Venture Analyst

Cheryl’s background lies in sustainability, entrepreneurship and digitalization. Prior to joining Wavemaker Impact, she worked closely with startups to expand into the Vietnamese market and actively participated in research projects focusing on energy, decarbonization, and wastewater treatment in urban farming. In her free time, she enjoys visiting cafes, going for pilates and exploring personal development topics.

Cassandra Yip
Cassandra Yip
Venture Analyst
Cassandra Yip Venture Analyst

Cassandra is involved in supporting the venture build process at Wavemaker Impact, from detailing science-based carbon calculations to innovating scalable business models. Prior to this, Cassandra was part of the ministerial affairs team at Temasek supporting strategic sustainable investments. A passionate environmentalist since young, Cassandra is also the founder of Singapore-based education NGO, Earth School. She holds a Bachelor’s degree in Environmental Studies with Double Minors in International Relations and Economics from the National University of Singapore (NUS), specialising in political ecology.

Amanda Chen
Amanda Chen
Venture Analyst
Amanda Chen Venture Analyst

Amanda’s experience centers around sustainability and climate risk analysis. During her time at Columbia University and Yale-NUS College, she conducted flood risk research for New York City, authored a capstone on urban climate resilience, and assessed the financial viability of methane reduction solutions for the Environmental Defense Fund. Outside of work, Amanda enjoys making matcha, baking, exploring cafes, and experimenting with film photography.

Annisa Rahmania Jernih
Annisa Rahmania Jernih
Venture Analyst
Annisa Rahmania Jernih Venture Analyst

Prior to Wavemaker Impact, Annisa’s background lies in public policy and management, where she contributed to academic research and publications on entrepreneurship, organizational transformation, and green energy transition. Beyond her work, Annisa loves discovering new places, seeking out hidden natural gems, and spending time with her pets. She’s always eager to read and learn more about sustainability, continually seeking new ways to live a more eco-conscious lifestyle.

Kawewat (Top) Mayteesirasak
Kawewat (Top) Mayteesirasak
Venture Analyst
Kawewat (Top) Mayteesirasak Venture Analyst

Kawewat’s background is in sustainability, innovation, and entrepreneurship. He is passionate about seeing the sustainable market grow alongside the adoption of ESG practices within Thai businesses. Prior to joining Wavemaker Impact, he contributed to the development of a carbon accounting platform at MekhaV, where he also supported strategic planning and conducted market research. In his free time, Kawewat enjoys exploring cutting-edge technologies, innovative solutions, and engaging in new activities.

Sneha Vasudev
Sneha Vasudev
Venture Analyst
Sneha Vasudev Venture Analyst

Sneha’s expertise lies in management, business strategy, and financial analysis, with international experience across Singapore and London. Before joining Wavemaker Impact, she worked with firms in both regions, building skills in deal analysis, financial modeling, and market research across industries like technology consulting and healthcare. She holds an MSc in Management from University College London. Outside of work, Sneha enjoys reading, practicing Pilates, and experimenting with new recipes.

Founder Engagement

Holly Grabarek
Holly Grabarek
Founder Acquisition & Engagement Lead
Holly Grabarek Founder Acquisition & Engagement Lead

Hi, I’m Holly and I help the fund find talented founders from all over Asia who are passionate about building their next venture in climate, while also creating a thriving ecosystem of potential partners in various capacities. I also love creating meaningful events and spaces for founders to come together to exchange insights, gain new perspectives, meet potential partners, and one of the best parts is watching how those connections blossom into strong, impactful relationships and ventures.

Executive Support

Krezia Medina
Krezia Medina
Executive Assistant
Krezia Medina Executive Assistant

Krezia is an executive assistant based in the Philippines. Prior to joining Wavemaker Impact, she was employed at a foreign diplomatic mission for several years providing administrative/secretarial support and a wide range of consular services to its citizens travelling or living in the Philippines. She is a graduate of the University of the Philippines where she earned a Bachelor of Arts in Psychology.

Mel Mayol
Mel Mayol
Executive Assistant
Mel Mayol Executive Assistant

With over 5 years of experience as an Executive Assistant, Mel has developed a robust skill set in administrative services, focusing on efficiency, accuracy, and compliance. She excels in executive assistance, including writing and editing communications, drafting memos, and managing executive calendars. Her proficiency extends to maintaining meticulous records, handling accounting tasks, and supporting cross-functional teams through effective project management and coordination. Beyond her professional career, Mel has been a dedicated volunteer for Greenpeace for the past 2 years. She is also a passionate advocate for mental health through art, creating and teaching art as a way to promote emotional well-being and community engagement.

Guillem Segarra
Guillem Segarra
Principal
Guillem Segarra Principal

Guillem is Principal at Wavemaker Impact, collaborating with experienced entrepreneurs and venture building teams to identify and develop significant, scalable opportunities in the climatech sector. Prior to joining Wavemaker Impact, Guillem was the CEO of HappyFresh Group, Southeast Asia’s leading food-focused last mile logistics and on-demand delivery company. Before that, Guillem held several roles in Lazada Group and Vodafone Global Enterprise.

Paul Santos
Paul Santos
Founding Partner
Paul Santos Founding Partner

B. Paul Santos is Managing Partner of Wavemaker Partners and led the establishment of the venture capital firm’s Singapore-headquartered Southeast Asia office in 2012. Wavemaker Partners is Southeast Asia’s go-to VC firm investing in early-stage enterprise, deep tech, and sustainability startups. Since 2012, it has backed 180+ companies, of which 160+ (85%) are in enterprise, deep tech and/or sustainability. The firm has over US$300 million in AUM across four funds in the region, and has seen more than 10 exits with an aggregate enterprise value of over US$700 million. These exits include TradeGecko’s acquisition by Intuit, and Moka’s and Coins.ph’s acquisitions by Gojek. Notable active portfolio companies include eFishery, Growsari, GudangAda, Silent Eight, Borneo, and Iterative Scopes. Today, 75% of Wavemaker’s active portfolio startups in Southeast Asia are aligned with at least one UNDP Sustainable Development Goal.

Paul is also one of the founding partners of Wavemaker Impact, a Southeast Asian venture builder partnered with Enterprise Singapore (ESG) and the United Nations Development Programme (UNDP), that aims to co-found climate tech startups. He also chairs the investment committee for Asian Development Bank (ADB) Ventures. Prior to starting Wavemaker Partners, Paul was an entrepreneur who co-founded six companies and sold three. He started his career as a product manager at Procter & Gamble. He graduated from the Ateneo de Manila University with a B.S. in Management Engineering and a Joint Minor in International Management with the University of Antwerp.

Ben Ong
Ben Ong
Venture Builder
Ben Ong Venture Builder

Ben is a venture builder with experience in digitalization, industrial technologies, and sustainability spaces. Prior to joining Wavemaker, he was part of venture teams within the Singapore Economic Development Board and the World Economic Forum, building impactful businesses and startups. During his free time, Ben can be found trying to perfect his pasta-making skills and fixing vintage watches he bought on eBay.

Marie Cheong
Marie Cheong
Founding Partner
Marie Cheong Founding Partner

“Marie Cheong is a Founding Partner of Wavemaker Impact, the first VC-backed climate tech venture builder in Southeast Asia. Wavemaker Impact co-founds startups with experienced entrepreneurs with the aim of building a portfolio of scalable companies that can abate 10% of the global carbon budget.

Marie has worked with over 20 entrepreneurs to help them build their businesses. In the last two years, Marie has focused exclusively on launching climate tech startups in Southeast Asia and is passionate about increasing the pipeline of women founders in the sector.

Prior to joining Wavemaker Impact, Marie led the Venture Build program at ENGIE Factory, where she was responsible for building a portfolio of 10 climate tech ventures valued at over US$8M at pre-Seed round.

Marie was also the general manager at a SAAS startup and a senior member of KPMG’s Digital + Innovation team. Her career also includes stints in management consulting and in a construction company, where she specialized in operations strategy, business development, cost reduction, and process improvement.

Marie has a MBA from the National University of Singapore where she graduated as valedictorian and holder of the Panasonic Marketing Award.”

Clement Tay
Clement Tay
Venture Builder
Clement Tay Venture Builder

Clement is a venture builder with a strong track record of growing new ventures. Prior to joining Wavemaker Impact, Clement helmed various product and growth teams at Carro and Snapask. Using his expertise in customer development, product development, and growth hacking, he hopes to create lasting impact for the world through venture building. In his free time, Clement enjoys spending time with stray cats and exploring the benefits of yoga for both mind and body.

Quentin Vaquette
Quentin Vaquette
Founding Partner
Quentin Vaquette Founding Partner

Quentin is a venture builder with deep expertise in climatech, energy technology and business model innovation. He has built a successful corporate venture builder for ENGIE focused on climatech with partners like EDB, ESG and Standard Chartered Bank, at which he has built over 10 companies in Southeast Asia in areas such as solar, energy efficiency, cold chain, industrial processes and green finance. Prior to that he built ENGIE’s renewable hydrogen business and led the investment in large and small scale renewable energy infrastructure projects across South and Southeast Asia.

Doug Parker
Doug Parker
Founding Partner
Doug Parker Founding Partner

Doug is a deep tech entrepreneur, having built and exited nuTonomy, one of the very few successful self-driving car companies. He is now 100% focused on investing in clean tech, including green energy, climate change and water and waste technologies.

Sumira Jayabalan
Sumira Jayabalan
Venture Builder
Sumira Jayabalan Venture Builder

Sumira is a venture builder with experience in strategy development and early stage business building. During her stints in management consulting and digital media, she was the driving force behind the creation of a range of new SEA-based digital platforms, and is deeply passionate about using these skills to create the next generation of climatech unicorns.

Steve Melhuish
Steve Melhuish
Founding Partner
Steve Melhuish Founding Partner

Steve is an entrepreneur who has built businesses in Asia and Europe. This includes most recently as co-founder of PropertyGuru Group, which he grew into a market leader in Southeast Asia, serving 37 million people monthly. He is a sustainability advocate, angel investor and mentor focused on climate and social impact in Asia.

Tauhid Pandji
Tauhid Pandji
Venture Builder & Country Head, Indonesia
Tauhid Pandji Venture Builder & Country Head, Indonesia

As an experienced venture builder, Tauhid has co-founded several ventures in Indonesia in the space of circular economy. Prior to joining Wavemaker Impact, he led impact-focused venture builds at Enviu and held operational roles at Uber, OYO and Gojek. Tauhid also mentors startups in the early and scale-up stage, providing insights on all aspects of startup growth.

Monique Conheady
Monique Conheady
Venture Partner
Monique Conheady Venture Partner

Monique is an environmental engineer by training with 25 years of experience in the cleantech and climatetech space. As a successful serial entrepreneur with exits including Flexicar and DC Power Co, she is currently an AU Venture Partner with WMi and serves as a mentor and advisor to various cleantech and climatetech founders and startups. Monique is also a non-executive director and chair for cleantech scale-ups like JET Charge and Phantm, an IC member with two Australian climatetech funds (Breakthrough Victoria and Ecotone’s Planet Fund), and holds NED/Chair roles on various government boards.

Yifei Xiao
Yifei Xiao
Venture Builder
Yifei Xiao Venture Builder

Before unearthing her passion for sustainability, Yifei had a wide-ranging career in the public sector, including growing the startup ecosystem and tourism sector. As a wine enthusiast with a thirst for travel, she cares deeply about preserving and regenerating natural landscapes that sustain life.

Cheryl Kek
Cheryl Kek
Venture Analyst
Cheryl Kek Venture Analyst

Cheryl’s background lies in sustainability, entrepreneurship and digitalization. Prior to joining Wavemaker Impact, she worked closely with startups to expand into the Vietnamese market and actively participated in research projects focusing on energy, decarbonization, and wastewater treatment in urban farming. In her free time, she enjoys visiting cafes, going for pilates and exploring personal development topics.

Amanda Chen
Amanda Chen
Venture Analyst
Amanda Chen Venture Analyst

Amanda’s experience centers around sustainability and climate risk analysis. During her time at Columbia University and Yale-NUS College, she conducted flood risk research for New York City, authored a capstone on urban climate resilience, and assessed the financial viability of methane reduction solutions for the Environmental Defense Fund. Outside of work, Amanda enjoys making matcha, baking, exploring cafes, and experimenting with film photography.

Holly Grabarek
Holly Grabarek
Founder Acquisition & Engagement Lead
Holly Grabarek Founder Acquisition & Engagement Lead

Hi, I’m Holly and I help the fund find talented founders from all over Asia who are passionate about building their next venture in climate, while also creating a thriving ecosystem of potential partners in various capacities. I also love creating meaningful events and spaces for founders to come together to exchange insights, gain new perspectives, meet potential partners, and one of the best parts is watching how those connections blossom into strong, impactful relationships and ventures.

Annisa Rahmania Jernih
Annisa Rahmania Jernih
Venture Analyst
Annisa Rahmania Jernih Venture Analyst

Prior to Wavemaker Impact, Annisa’s background lies in public policy and management, where she contributed to academic research and publications on entrepreneurship, organizational transformation, and green energy transition. Beyond her work, Annisa loves discovering new places, seeking out hidden natural gems, and spending time with her pets. She’s always eager to read and learn more about sustainability, continually seeking new ways to live a more eco-conscious lifestyle.

Kawewat (Top) Mayteesirasak
Kawewat (Top) Mayteesirasak
Venture Analyst
Kawewat (Top) Mayteesirasak Venture Analyst

Kawewat’s background is in sustainability, innovation, and entrepreneurship. He is passionate about seeing the sustainable market grow alongside the adoption of ESG practices within Thai businesses. Prior to joining Wavemaker Impact, he contributed to the development of a carbon accounting platform at MekhaV, where he also supported strategic planning and conducted market research. In his free time, Kawewat enjoys exploring cutting-edge technologies, innovative solutions, and engaging in new activities.

Sneha Vasudev
Sneha Vasudev
Venture Analyst
Sneha Vasudev Venture Analyst

Sneha’s expertise lies in management, business strategy, and financial analysis, with international experience across Singapore and London. Before joining Wavemaker Impact, she worked with firms in both regions, building skills in deal analysis, financial modeling, and market research across industries like technology consulting and healthcare. She holds an MSc in Management from University College London. Outside of work, Sneha enjoys reading, practicing Pilates, and experimenting with new recipes.

Krezia Medina
Krezia Medina
Executive Assistant
Krezia Medina Executive Assistant

Krezia is an executive assistant based in the Philippines. Prior to joining Wavemaker Impact, she was employed at a foreign diplomatic mission for several years providing administrative/secretarial support and a wide range of consular services to its citizens travelling or living in the Philippines. She is a graduate of the University of the Philippines where she earned a Bachelor of Arts in Psychology.

Mel Mayol
Mel Mayol
Executive Assistant
Mel Mayol Executive Assistant

With over 5 years of experience as an Executive Assistant, Mel has developed a robust skill set in administrative services, focusing on efficiency, accuracy, and compliance. She excels in executive assistance, including writing and editing communications, drafting memos, and managing executive calendars. Her proficiency extends to maintaining meticulous records, handling accounting tasks, and supporting cross-functional teams through effective project management and coordination. Beyond her professional career, Mel has been a dedicated volunteer for Greenpeace for the past 2 years. She is also a passionate advocate for mental health through art, creating and teaching art as a way to promote emotional well-being and community engagement.

Partners

Paul Santos
Paul Santos
Co-founder and Managing Partner
Paul Santos Co-founder and Managing Partner

“B. Paul Santos is Co-Founder and Managing Partner of Wavemaker Partners, Southeast Asia’s leading VC firm investing in early-stage Enterprise, Deep Tech, and Sustainability startups. Since 2012, the firm has backed 200+ companies across the region, with over US$600 million in AUM and exits generating over US$1.8 billion in enterprise value. These exits include TradeGecko’s acquisition by Intuit, and Moka’s and Coins.ph’s acquisitions by Gojek. Notable portfolio companies include eFishery, Growsari, Lhoopa, and Silent Eight. Today, 85% of Wavemaker’s active portfolio startups in Southeast Asia are aligned with at least one Sustainable Development Goal of the United Nations.

In 2021, the firm launched Wavemaker Impact, Southeast Asia’s first-of-its-kind climate-tech venture builder, where Paul sits as one of the founding partners. Raising US$60 million for its debut fund, Wavemaker Impact co-founds climate-tech startups with proven entrepreneurs, with the goal of reducing the global carbon budget by 10%. Paul is an advisor to the SMU Institute of Innovation and Entrepreneurship and he chaired the investment committee of the Asian Development Bank’s inaugural venture fund, which focuses on climate tech. Prior to starting Wavemaker Partners, Paul was an entrepreneur who co-founded six companies and sold three. He started his career as a product manager at Procter & Gamble. He graduated from the Ateneo de Manila University with a B.S. in Management Engineering and a Joint Minor in International Management with the University of Antwerp.”

Eric Manlunas
Eric Manlunas
Co-founder and General Partner
Eric Manlunas Co-founder and General Partner

Eric is a Co-Founder and General Partner of Wavemaker Partners. He started his career in management consulting in March 1991 at Arthur Andersen’s retail management division. Eric became a 2-time entrepreneur starting in 1996 when he founded Interfoods, a specialty food e-commerce business acquired by La Reina in mid-1999. Then later in 1999 shortly after his first exit, Eric founded Sitestar, an Internet Service Provider that was acquired by Lynchburg.net in December 2002. After two successful outcomes over seven years as a startup founder, Eric tried his luck in venture capital in March 2003 when he founded Frontera Group, an early stage venture capital firm that essentially served as an on-ramp and ultimately became Wavemaker’s predecessor company. Since then, Eric has made over 200 investments including 8 companies he helped seed that eventually became unicorns – Mindbody, Viagogo, Digital Globe, Floqast, Daily Pay, AuditBoard, VideoAmp and Icon Build.

On a personal capacity, Eric is a major co-owner of 2XU, a global leader in high performance sports compression apparel after he co-led its acquisition from L Catterton in April 2024. In addition, he also has commercial interests across various industries.

Eric earned a Communications degree from Florida International University in 1990 and got his MBA from Pepperdine University in 1995.

Andy Hwang
Andy Hwang
General Partner
Andy Hwang General Partner

Andy joined Wavemaker as a General Partner in 2022.

He is an angel investor, startup coach, and was a former global and regional leader at Facebook, Google, and Stripe. During his 10 years at Facebook, Andy helped the company launch in Asia and served as Managing Director for the SMB and mid-market advertising business, growing it to over 2 million customers and $6 billion in annual revenue.

Andy holds a bachelor’s degree in Business Administration from the University of California, Berkeley and an MBA from The Wharton School.

Investment

Joel Ang
Joel Ang
Principal, Investment
Joel Ang Principal, Investment

Joel joined Wavemaker Partners in 2016. He is now one of Wavemaker’s Investment Principals, co-leading the firm’s Investment team.

Joel has a soft spot for deep tech opportunities that provide that 10x improvement over the status quo, and also focuses on the hardware opportunities for the firm. He is involved in sourcing, bringing investments through the entire deal process, and managing a segment of the portfolio.

Prior to joining Wavemaker, Joel worked under the M&A Advisory team of PwC Singapore and the Finance team of government-owned venture capital firm Infocomm Investments (now SG Innovate). Joel graduated Summa Cum Laude from Singapore Management University with a double degree in Business Management and Accountancy.

Phuong Tran
Phuong Tran
Principal, Investment / Head of Vietnam
Phuong Tran Principal, Investment / Head of Vietnam

Prior to Wavemaker, Phuong was one of the founding members of Vietnam’s local VC VinaCapital Ventures, where she sourced, executed, and added value to Seed and Series A investments. She also worked as a project coordinator to develop a joint venture project between a Singaporean petrochemical firm and Vietnam’s largest refinery (Dung Quat).

Phuong has a Master of Science in Business Administration and Management, General, from the University College London, U. of London.

She was one of the Forbes 30 Under 30 for Vietnam in 2022.

Michael Mizrahi
Michael Mizrahi
Vice President, Investment / Head of US
Michael Mizrahi Vice President, Investment / Head of US

Michael heads Wavemaker’s US efforts through his extensive reach and knowledge of the US corporate and VC landscape. He will spend the majority of his time in supporting existing portfolio companies, engaging with current and new LPs and identifying potential investment opportunities. Michael’s professional career spans over fifteen years advising and working with technology and media companies in finance and strategy, operations and business development positions. He also co-founded a start-up addressing the inefficiencies of buying/leasing a new car. He started his career as a classically trained investment banker and has advised on over $1B in transactions across tech and media. Michael received his BS from USC’s Marshall School of Business.

John Wisnioski
John Wisnioski
Vice President, Investment
John Wisnioski Vice President, Investment

John focuses on the sourcing and evaluation of deals across Southeast Asia. He has experience with startups across B2C (Grab & JD.id) & B2B (Horangi & Skuad) sectors across various industries within SEA; engaging in roles from analytics, strategic operations to growth. Prior to Wavemaker, John was the Head of Growth & Chief of Staff for a HR Tech company. John holds a double degree from the University of California, Berkeley and completed his Masters at Imperial College London

Junius Said
Junius Said
Senior Associate, Investment
Junius Said Senior Associate, Investment

Junius is involved in sourcing and evaluation of deals, due diligence, and the preparation of investment proposal for the fund’s investment decisions. He focuses on Retail, Supply-chain and Fintech as well as the Indonesian market. Prior to Wavemaker, Junius was a consultant at EY Indonesia’s Strategy and Transaction where he did numerous M&A transactions and strategic advisories in various sectors, namely; digital economy, power & energy, infrastructure, retail, financial services, media, and real estate. Junius graduated from Loyola Marymount University with a Bachelor of Business Administration (Finance).

Shannon Tan
Shannon Tan
Associate, Investment
Shannon Tan Associate, Investment

Shannon is involved in the sourcing and evaluation of deals, due diligence, and the preparation of investment proposals for the fund’s investment decisions. Prior to Wavemaker, Shannon was part of the investment team at Tembusu Partners focusing on sectors across sustainability and impact, in areas such as climate action and inclusion. She also had a previous stint as an analyst with a local venture fund in Beijing, focusing on China’s health and wellness industries through the National University of Singapore (NUS) Overseas Colleges program. Shannon graduated from NUS with a Bachelor of Business with Honours (Highest Distinction), with a specialisation in Finance.

Bernie Margulies
Bernie Margulies
Associate, Investment
Bernie Margulies Associate, Investment

Bernie focuses on investments in Generative AI and the Philippine market. Since joining the firm in 2020, he has played a key role in deal sourcing, evaluation, due diligence, and preparing investment proposals for the fund’s decision-making.

Before joining Wavemaker, Bernie honed his skills developing and managing data systems at a Rocket Internet startup and a well-known Philippine F&B brand. Despite being a Korean-American based in Singapore, he spent over a decade in the Philippines and pursued a BS in Management Engineering at Ateneo de Manila University.

In addition to Generative AI, Bernie also has a keen interest in Data Science, Machine Learning, Developer Tools, and Low Code-No Code solutions.

Fun fact: This bio and Bernie’s headshot were crafted by generative AI!

Kelvin Sutedja
Kelvin Sutedja
Associate, Investment
Kelvin Sutedja Associate, Investment

Kelvin is involved in the sourcing and evaluation of deals, due diligence, and the preparation of investment proposals for the fund’s investment decisions. Prior to Wavemaker, Kelvin had worked in the Consulting department at EY and was part of the Business Development team at Lifepal. Kelvin graduated with Honours from Nanyang Business School, with a major in Banking and Finance, and was given the NTU President Research Scholar award. During his time in university, Kelvin co-founded 180 Degrees Consulting NTU, a branch of the world’s largest consultancy for non-profits and social enterprises.

Vince Velilla
Vince Velilla
Associate, Investment
Vince Velilla Associate, Investment

Vince is involved in the sourcing and evaluation of deals, due diligence, and the preparation of investment proposals for the fund’s investment decisions. For the firm, he focuses on deals in climate tech and the Philippine market. Prior to joining Wavemaker, Vince was running his own sustainability startup. He also interned for Unilever, where he helped launch a global brand in the Philippines; and in Jefferies-Regis Partners, where he did equity sales and research. He studied in Ateneo de Manila University, where he majored in Management Engineering and minored in Information Technology. He was also the President of the Ateneo MEA, a student organization that advocates for sustainable business.

Chris Le
Chris Le
Analyst, Investment
Chris Le Analyst, Investment

Chris is involved in the sourcing and evaluation of deals, due diligence, and the preparation of investment proposals for the fund’s investment decisions. 

Prior to Wavemaker, Chris was a Management Trainee at Generali Life Insurance, where he primarily engaged in business intelligence. He also has internship experience with startups in Vietnam, including VNG and Coderschool. At VNG, he served as a project manager for an internal optimization project, and at Coderschool, he helped in product development and go-to-market strategy.

Chris graduated with Honors from Fulbright University with a bachelor’s degree in Economics and a minor in Applied Mathematics.

Manuel Ravago
Manuel Ravago
Vice President, Portfolio Management
Manuel Ravago Vice President, Portfolio Management

Manuel oversees Wavemaker’s Portfolio Management Team (PMT) and Information Systems (IS). Prior to his current role, Manuel was Head of Research for the Firm. He was previously a Research Director for a regional IT Services advisory firm, where he led consulting projects for Fortune 500 clients and institutional bodies such as the Inter-American Development Bank (IADB) and the World Bank.

Prior, Manuel was a Research Manager for International Data Corporation (IDC), heading country operations in the Philippines. In this role, he was responsible for leading market research and consulting projects for regional and country ICT sectors. Manuel graduated with a Master’s degree in Information Sciences from the Universidad de Navarra (Spain) and completed his undergraduate studies at the University of Asia & the Pacific (Philippines).

Camille Escalante
Camille Escalante
Senior Associate, Portfolio Management
Camille Escalante Senior Associate, Portfolio Management

Camille manages a selection of portfolio companies under the Firm’s Portfolio Management Team (PMT). She provides cross-functional support across IR, Finance and Investment Teams. Camille also manages the Firm’s portfolio management platform.

Prior to Wavemaker, Camille was part of the External Reporting Team in Procter & Gamble International Operations where she was the Front Office Manager for the Pakistan market. In this role, she supported company stakeholders in P&G Pakistan, as well as the preparation and filing of financial statements.

Camille graduated Magna Cum Laude and Valedictorian from the De La Salle University (Philippines) holding a double degree in Applied Economics where she majored in Financial Economics and Legal Management.

Micah Tanjuatco
Micah Tanjuatco
Associate, Portfolio Management
Micah Tanjuatco Associate, Portfolio Management

Micah manages a selection of portfolio companies under the Firm’s Portfolio Management Team (PMT) and works closely with the Investment, Comms and IR Teams. Micah is also a co-administrator for Wavemaker’s Information Systems (IS).

Prior to Wavemaker, Micah was part of the Equity Research Team of CLSA. He provided investment recommendations to foreign and local clients as the analyst covering the port industry in the Philippines. He also had a stint in GCash as a Product Manager for the Wealth Management group. Micah graduated from Ateneo de Manila University (Philippines) where he majored in Management Engineering.

Ysabela Narvasa
Ysabela Narvasa
Associate, ESG
Ysabela Narvasa Associate, ESG

Ysabela is Wavemaker’s resident ESG Associate and looks after the development and integration of the Firm’s ESG Practice. As a member of the Portfolio Management Team, Ysabela typically liaises with the Investor Relations and Investment Teams to implement Wavemaker’s Environmental and Social Management Policies. Prior to this role, she drove strategic projects that centered on sustainability and social impact as a Special Projects Analyst for the Firm.

She was previously an intern for Disini Law and PwC Southeast Asia Consulting where she assisted in operations management and worked on future impact analyses of workforce transformation.

Ysabela is passionate about social impact and sustainability, which she developed as a volunteer for Children’s International Summer Villages (CISV) and her University’s student-led organization in aid of UNICEF. She completed an exchange term in France at IESEG School of Management, and graduated Magna Cum Laude from De La Salle University (Philippines) with a Major in Psychology and Minor in Economic Studies. Ysabela recently earned the CFA Institute Certificate in ESG Investing.

Yanna Arcilla
Yanna Arcilla
Analyst, Portfolio Management
Yanna Arcilla Analyst, Portfolio Management

Yanna handles a selection of companies for Wavemaker’s Portfolio Management Team. She also manages the Firm’s Portfolio Monitoring & Reporting platform, and is tasked to provide data analytics to support the IR and Communication Teams. Yanna also assists in the administration of the Firm’s portfolio management platform.

Prior to Wavemaker, she was an intern under the Privatization and Corporate Affairs Group of the Philippine government’s Department of Finance. She assisted in the oversight of government-owned and controlled corporations in the power and housing sectors, and supported the evaluation of public-private partnership deals in the transportation sector.

Yanna graduated Cum Laude from the Ateneo de Manila University (Philippines) with a Bachelor of Science in Management Engineering.

Julianne Lee
Julianne Lee
Analyst, Portfolio Management
Julianne Lee Analyst, Portfolio Management

Julianne handles companies under Wavemaker Impact for Wavemaker’s Portfolio Management Team. Prior to Wavemaker, she was working with a Singapore-based mental health tech start up leading product and go-to-market strategy initiatives. She was previously an Intern at J.P. Morgan, CLEAR (consulting arm of the M&C Saatchi Group), and a Philippine-based healthcare venture builder where she drove various strategy and operations projects. Julianne graduated from the Ateneo de Manila University in the Philippines with a Bachelor of Arts in Management Economics and a Minor in Finance.

Sam Tongco
Sam Tongco
Analyst, Portfolio Management
Sam Tongco Analyst, Portfolio Management

Sam manages Wavemaker’s databases and systems under the Portfolio Management Team, creating automations and process improvements that enable seamless, cross-functional workflows across Investment, IR, and Comms Teams. Sam is on her last year in the Ateneo de Manila University with a Bachelor of Science in Management Engineering. She is passionate about data, AI, and systems thinking that optimize and empower organizations.

Joel Ang
Joel Ang
Principal, Investment
Joel Ang Principal, Investment

Joel joined Wavemaker Partners in 2016. He is now one of Wavemaker’s Investment Principals, co-leading the firm’s Investment team.

Joel has a soft spot for deep tech opportunities that provide that 10x improvement over the status quo, and also focuses on the hardware opportunities for the firm. He is involved in sourcing, bringing investments through the entire deal process, and managing a segment of the portfolio.

Prior to joining Wavemaker, Joel worked under the M&A Advisory team of PwC Singapore and the Finance team of government-owned venture capital firm Infocomm Investments (now SG Innovate). Joel graduated Summa Cum Laude from Singapore Management University with a double degree in Business Management and Accountancy.

Paul Santos
Paul Santos
Co-founder and Managing Partner
Paul Santos Co-founder and Managing Partner

“B. Paul Santos is Co-Founder and Managing Partner of Wavemaker Partners, Southeast Asia’s leading VC firm investing in early-stage Enterprise, Deep Tech, and Sustainability startups. Since 2012, the firm has backed 200+ companies across the region, with over US$600 million in AUM and exits generating over US$1.8 billion in enterprise value. These exits include TradeGecko’s acquisition by Intuit, and Moka’s and Coins.ph’s acquisitions by Gojek. Notable portfolio companies include eFishery, Growsari, Lhoopa, and Silent Eight. Today, 85% of Wavemaker’s active portfolio startups in Southeast Asia are aligned with at least one Sustainable Development Goal of the United Nations.

In 2021, the firm launched Wavemaker Impact, Southeast Asia’s first-of-its-kind climate-tech venture builder, where Paul sits as one of the founding partners. Raising US$60 million for its debut fund, Wavemaker Impact co-founds climate-tech startups with proven entrepreneurs, with the goal of reducing the global carbon budget by 10%. Paul is an advisor to the SMU Institute of Innovation and Entrepreneurship and he chaired the investment committee of the Asian Development Bank’s inaugural venture fund, which focuses on climate tech. Prior to starting Wavemaker Partners, Paul was an entrepreneur who co-founded six companies and sold three. He started his career as a product manager at Procter & Gamble. He graduated from the Ateneo de Manila University with a B.S. in Management Engineering and a Joint Minor in International Management with the University of Antwerp.”

Eric Manlunas
Eric Manlunas
Co-founder and General Partner
Eric Manlunas Co-founder and General Partner

Eric is a Co-Founder and General Partner of Wavemaker Partners. He started his career in management consulting in March 1991 at Arthur Andersen’s retail management division. Eric became a 2-time entrepreneur starting in 1996 when he founded Interfoods, a specialty food e-commerce business acquired by La Reina in mid-1999. Then later in 1999 shortly after his first exit, Eric founded Sitestar, an Internet Service Provider that was acquired by Lynchburg.net in December 2002. After two successful outcomes over seven years as a startup founder, Eric tried his luck in venture capital in March 2003 when he founded Frontera Group, an early stage venture capital firm that essentially served as an on-ramp and ultimately became Wavemaker’s predecessor company. Since then, Eric has made over 200 investments including 8 companies he helped seed that eventually became unicorns – Mindbody, Viagogo, Digital Globe, Floqast, Daily Pay, AuditBoard, VideoAmp and Icon Build.

On a personal capacity, Eric is a major co-owner of 2XU, a global leader in high performance sports compression apparel after he co-led its acquisition from L Catterton in April 2024. In addition, he also has commercial interests across various industries.

Eric earned a Communications degree from Florida International University in 1990 and got his MBA from Pepperdine University in 1995.

Phuong Tran
Phuong Tran
Principal, Investment / Head of Vietnam
Phuong Tran Principal, Investment / Head of Vietnam

Prior to Wavemaker, Phuong was one of the founding members of Vietnam’s local VC VinaCapital Ventures, where she sourced, executed, and added value to Seed and Series A investments. She also worked as a project coordinator to develop a joint venture project between a Singaporean petrochemical firm and Vietnam’s largest refinery (Dung Quat).

Phuong has a Master of Science in Business Administration and Management, General, from the University College London, U. of London.

She was one of the Forbes 30 Under 30 for Vietnam in 2022.

Andy Hwang
Andy Hwang
General Partner
Andy Hwang General Partner

Andy joined Wavemaker as a General Partner in 2022.

He is an angel investor, startup coach, and was a former global and regional leader at Facebook, Google, and Stripe. During his 10 years at Facebook, Andy helped the company launch in Asia and served as Managing Director for the SMB and mid-market advertising business, growing it to over 2 million customers and $6 billion in annual revenue.

Andy holds a bachelor’s degree in Business Administration from the University of California, Berkeley and an MBA from The Wharton School.

Michael Mizrahi
Michael Mizrahi
Vice President, Investment / Head of US
Michael Mizrahi Vice President, Investment / Head of US

Michael heads Wavemaker’s US efforts through his extensive reach and knowledge of the US corporate and VC landscape. He will spend the majority of his time in supporting existing portfolio companies, engaging with current and new LPs and identifying potential investment opportunities. Michael’s professional career spans over fifteen years advising and working with technology and media companies in finance and strategy, operations and business development positions. He also co-founded a start-up addressing the inefficiencies of buying/leasing a new car. He started his career as a classically trained investment banker and has advised on over $1B in transactions across tech and media. Michael received his BS from USC’s Marshall School of Business.

Doug Parker
Doug Parker
Founding Partner
Doug Parker Founding Partner

Doug is a deep tech entrepreneur, having built and exited nuTonomy, one of the very few successful self-driving car companies. He is now 100% focused on investing in clean tech, including green energy, climate change and water and waste technologies.

John Wisnioski
John Wisnioski
Vice President, Investment
John Wisnioski Vice President, Investment

John focuses on the sourcing and evaluation of deals across Southeast Asia. He has experience with startups across B2C (Grab & JD.id) & B2B (Horangi & Skuad) sectors across various industries within SEA; engaging in roles from analytics, strategic operations to growth. Prior to Wavemaker, John was the Head of Growth & Chief of Staff for a HR Tech company. John holds a double degree from the University of California, Berkeley and completed his Masters at Imperial College London

Junius Said
Junius Said
Senior Associate, Investment
Junius Said Senior Associate, Investment

Junius is involved in sourcing and evaluation of deals, due diligence, and the preparation of investment proposal for the fund’s investment decisions. He focuses on Retail, Supply-chain and Fintech as well as the Indonesian market. Prior to Wavemaker, Junius was a consultant at EY Indonesia’s Strategy and Transaction where he did numerous M&A transactions and strategic advisories in various sectors, namely; digital economy, power & energy, infrastructure, retail, financial services, media, and real estate. Junius graduated from Loyola Marymount University with a Bachelor of Business Administration (Finance).

Steve Melhuish
Steve Melhuish
Founding Partner
Steve Melhuish Founding Partner

Steve is an entrepreneur who has built businesses in Asia and Europe. This includes most recently as co-founder of PropertyGuru Group, which he grew into a market leader in Southeast Asia, serving 37 million people monthly. He is a sustainability advocate, angel investor and mentor focused on climate and social impact in Asia.

Shannon Tan
Shannon Tan
Associate, Investment
Shannon Tan Associate, Investment

Shannon is involved in the sourcing and evaluation of deals, due diligence, and the preparation of investment proposals for the fund’s investment decisions. Prior to Wavemaker, Shannon was part of the investment team at Tembusu Partners focusing on sectors across sustainability and impact, in areas such as climate action and inclusion. She also had a previous stint as an analyst with a local venture fund in Beijing, focusing on China’s health and wellness industries through the National University of Singapore (NUS) Overseas Colleges program. Shannon graduated from NUS with a Bachelor of Business with Honours (Highest Distinction), with a specialisation in Finance.

Bernie Margulies
Bernie Margulies
Associate, Investment
Bernie Margulies Associate, Investment

Bernie focuses on investments in Generative AI and the Philippine market. Since joining the firm in 2020, he has played a key role in deal sourcing, evaluation, due diligence, and preparing investment proposals for the fund’s decision-making.

Before joining Wavemaker, Bernie honed his skills developing and managing data systems at a Rocket Internet startup and a well-known Philippine F&B brand. Despite being a Korean-American based in Singapore, he spent over a decade in the Philippines and pursued a BS in Management Engineering at Ateneo de Manila University.

In addition to Generative AI, Bernie also has a keen interest in Data Science, Machine Learning, Developer Tools, and Low Code-No Code solutions.

Fun fact: This bio and Bernie’s headshot were crafted by generative AI!

Kelvin Sutedja
Kelvin Sutedja
Associate, Investment
Kelvin Sutedja Associate, Investment

Kelvin is involved in the sourcing and evaluation of deals, due diligence, and the preparation of investment proposals for the fund’s investment decisions. Prior to Wavemaker, Kelvin had worked in the Consulting department at EY and was part of the Business Development team at Lifepal. Kelvin graduated with Honours from Nanyang Business School, with a major in Banking and Finance, and was given the NTU President Research Scholar award. During his time in university, Kelvin co-founded 180 Degrees Consulting NTU, a branch of the world’s largest consultancy for non-profits and social enterprises.

Vince Velilla
Vince Velilla
Associate, Investment
Vince Velilla Associate, Investment

Vince is involved in the sourcing and evaluation of deals, due diligence, and the preparation of investment proposals for the fund’s investment decisions. For the firm, he focuses on deals in climate tech and the Philippine market. Prior to joining Wavemaker, Vince was running his own sustainability startup. He also interned for Unilever, where he helped launch a global brand in the Philippines; and in Jefferies-Regis Partners, where he did equity sales and research. He studied in Ateneo de Manila University, where he majored in Management Engineering and minored in Information Technology. He was also the President of the Ateneo MEA, a student organization that advocates for sustainable business.

Chris Le
Chris Le
Analyst, Investment
Chris Le Analyst, Investment

Chris is involved in the sourcing and evaluation of deals, due diligence, and the preparation of investment proposals for the fund’s investment decisions. 

Prior to Wavemaker, Chris was a Management Trainee at Generali Life Insurance, where he primarily engaged in business intelligence. He also has internship experience with startups in Vietnam, including VNG and Coderschool. At VNG, he served as a project manager for an internal optimization project, and at Coderschool, he helped in product development and go-to-market strategy.

Chris graduated with Honors from Fulbright University with a bachelor’s degree in Economics and a minor in Applied Mathematics.

Manuel Ravago
Manuel Ravago
Vice President, Portfolio Management
Manuel Ravago Vice President, Portfolio Management

Manuel oversees Wavemaker’s Portfolio Management Team (PMT) and Information Systems (IS). Prior to his current role, Manuel was Head of Research for the Firm. He was previously a Research Director for a regional IT Services advisory firm, where he led consulting projects for Fortune 500 clients and institutional bodies such as the Inter-American Development Bank (IADB) and the World Bank.

Prior, Manuel was a Research Manager for International Data Corporation (IDC), heading country operations in the Philippines. In this role, he was responsible for leading market research and consulting projects for regional and country ICT sectors. Manuel graduated with a Master’s degree in Information Sciences from the Universidad de Navarra (Spain) and completed his undergraduate studies at the University of Asia & the Pacific (Philippines).

Camille Escalante
Camille Escalante
Senior Associate, Portfolio Management
Camille Escalante Senior Associate, Portfolio Management

Camille manages a selection of portfolio companies under the Firm’s Portfolio Management Team (PMT). She provides cross-functional support across IR, Finance and Investment Teams. Camille also manages the Firm’s portfolio management platform.

Prior to Wavemaker, Camille was part of the External Reporting Team in Procter & Gamble International Operations where she was the Front Office Manager for the Pakistan market. In this role, she supported company stakeholders in P&G Pakistan, as well as the preparation and filing of financial statements.

Camille graduated Magna Cum Laude and Valedictorian from the De La Salle University (Philippines) holding a double degree in Applied Economics where she majored in Financial Economics and Legal Management.

Micah Tanjuatco
Micah Tanjuatco
Associate, Portfolio Management
Micah Tanjuatco Associate, Portfolio Management

Micah manages a selection of portfolio companies under the Firm’s Portfolio Management Team (PMT) and works closely with the Investment, Comms and IR Teams. Micah is also a co-administrator for Wavemaker’s Information Systems (IS).

Prior to Wavemaker, Micah was part of the Equity Research Team of CLSA. He provided investment recommendations to foreign and local clients as the analyst covering the port industry in the Philippines. He also had a stint in GCash as a Product Manager for the Wealth Management group. Micah graduated from Ateneo de Manila University (Philippines) where he majored in Management Engineering.

Ysabela Narvasa
Ysabela Narvasa
Associate, ESG
Ysabela Narvasa Associate, ESG

Ysabela is Wavemaker’s resident ESG Associate and looks after the development and integration of the Firm’s ESG Practice. As a member of the Portfolio Management Team, Ysabela typically liaises with the Investor Relations and Investment Teams to implement Wavemaker’s Environmental and Social Management Policies. Prior to this role, she drove strategic projects that centered on sustainability and social impact as a Special Projects Analyst for the Firm.

She was previously an intern for Disini Law and PwC Southeast Asia Consulting where she assisted in operations management and worked on future impact analyses of workforce transformation.

Ysabela is passionate about social impact and sustainability, which she developed as a volunteer for Children’s International Summer Villages (CISV) and her University’s student-led organization in aid of UNICEF. She completed an exchange term in France at IESEG School of Management, and graduated Magna Cum Laude from De La Salle University (Philippines) with a Major in Psychology and Minor in Economic Studies. Ysabela recently earned the CFA Institute Certificate in ESG Investing.

Sui Ling Cheah
Sui Ling Cheah
Operating Partner
Sui Ling Cheah Operating Partner

Sui Ling joined Wavemaker in 2017. As Operating Partner, she is responsible for helping the mature companies in Wavemaker’s portfolio with business development, follow-on financing, and eventual exits. She spent 20 years in investment banking raising capital for high growth companies and executing cross-border M&A. In her most recent role, she served as the Head of Corporate Finance SEA at BNP Paribas. Prior to becoming a venture capitalist, she was Executive Director of Investment Banking at JP Morgan Singapore. Sui Ling started her career with Merrill Lynch New York followed by stints in Singapore and London. She graduated from Wellesley College with a Bachelor of Arts in French and Economics.

Yanna Arcilla
Yanna Arcilla
Analyst, Portfolio Management
Yanna Arcilla Analyst, Portfolio Management

Yanna handles a selection of companies for Wavemaker’s Portfolio Management Team. She also manages the Firm’s Portfolio Monitoring & Reporting platform, and is tasked to provide data analytics to support the IR and Communication Teams. Yanna also assists in the administration of the Firm’s portfolio management platform.

Prior to Wavemaker, she was an intern under the Privatization and Corporate Affairs Group of the Philippine government’s Department of Finance. She assisted in the oversight of government-owned and controlled corporations in the power and housing sectors, and supported the evaluation of public-private partnership deals in the transportation sector.

Yanna graduated Cum Laude from the Ateneo de Manila University (Philippines) with a Bachelor of Science in Management Engineering.

Julianne Lee
Julianne Lee
Analyst, Portfolio Management
Julianne Lee Analyst, Portfolio Management

Julianne handles companies under Wavemaker Impact for Wavemaker’s Portfolio Management Team. Prior to Wavemaker, she was working with a Singapore-based mental health tech start up leading product and go-to-market strategy initiatives. She was previously an Intern at J.P. Morgan, CLEAR (consulting arm of the M&C Saatchi Group), and a Philippine-based healthcare venture builder where she drove various strategy and operations projects. Julianne graduated from the Ateneo de Manila University in the Philippines with a Bachelor of Arts in Management Economics and a Minor in Finance.

Sam Tongco
Sam Tongco
Analyst, Portfolio Management
Sam Tongco Analyst, Portfolio Management

Sam manages Wavemaker’s databases and systems under the Portfolio Management Team, creating automations and process improvements that enable seamless, cross-functional workflows across Investment, IR, and Comms Teams. Sam is on her last year in the Ateneo de Manila University with a Bachelor of Science in Management Engineering. She is passionate about data, AI, and systems thinking that optimize and empower organizations.

Andrea Lim
Andrea Lim
Analyst, Investment
Andrea Lim Analyst, Investment

Andrea is involved in the sourcing and evaluation of deals, due diligence, and the preparation of investment proposals for the fund’s investment decisions. Prior to joining Wavemaker, Andrea interned at Vulpes Ventures, focusing on early-stage SEA investments; and at Deloitte, where she drove the execution of strategic innovation partnerships by establishing key collaborations with start-ups and venture builds. Andrea graduated from Nanyang Technological University with a Bachelor’s degree in Economics (Highest Distinction), specializing in Finance. During her university years, she took on a leadership role in NTU Entrepreneurship Society, which serves as NTU’s entrepreneurial ecosystem for aspiring student entrepreneurs.

Partners

Paul Santos
Paul Santos
Founding Partner
Paul Santos Founding Partner

“B. Paul Santos is Co-Founder and Managing Partner of Wavemaker Partners, Southeast Asia’s leading VC firm investing in early-stage Enterprise, Deep Tech, and Sustainability startups. Since 2012, the firm has backed 200+ companies across the region, with over US$600 million in AUM and exits generating over US$1.8 billion in enterprise value. These exits include TradeGecko’s acquisition by Intuit, and Moka’s and Coins.ph’s acquisitions by Gojek. Notable portfolio companies include eFishery, Growsari, Lhoopa, and Silent Eight. Today, 85% of Wavemaker’s active portfolio startups in Southeast Asia are aligned with at least one Sustainable Development Goal of the United Nations.

In 2021, the firm launched Wavemaker Impact, Southeast Asia’s first-of-its-kind climate-tech venture builder, where Paul sits as one of the founding partners. Raising US$60 million for its debut fund, Wavemaker Impact co-founds climate-tech startups with proven entrepreneurs, with the goal of reducing the global carbon budget by 10%. Paul is an advisor to the SMU Institute of Innovation and Entrepreneurship and he chaired the investment committee of the Asian Development Bank’s inaugural venture fund, which focuses on climate tech. Prior to starting Wavemaker Partners, Paul was an entrepreneur who co-founded six companies and sold three. He started his career as a product manager at Procter & Gamble. He graduated from the Ateneo de Manila University with a B.S. in Management Engineering and a Joint Minor in International Management with the University of Antwerp.”

Shiv Choudhury
Shiv Choudhury
Founding Partner
Shiv Choudhury Founding Partner

Shiv Choudhury is one of the Co-Founders of Growsari and a Partner at Wavemaker. Previously, he served as Managing Director at The Boston Consulting Group (BCG) and held multiple regional leadership roles at Procter & Gamble (P&G). With over a decade of experience leading the Consumer and Retail practice in ASEAN, he is a seasoned entrepreneur, investor, and advisor. He is also a member of YPO and a 2X Endeavor Outlier.

Xue Koh
Xue Koh
Founding Partner
Xue Koh Founding Partner

Xue heads the investment team for Black Kite Capital, a Singapore-based single family office. He manages a diversified portfolio across multiple asset classes, from public equity to early-stage direct investments into angel, pre-seed, and seed stage companies.

Prior to Black Kite Capital, Xue honed his investment acumen at Silver Lake, one of the largest technology-focused private equity buyout firms. He worked closely with Silver Lake’s portfolio companies as an operator in Silicon Valley and subsequently opened Silver Lake’s Singapore office and led their Southeast Asia practice from 2020-2023.

Xue began his career as a Consultant with the Boston Consulting Group in San Francisco. Xue graduated with distinction from Stanford University with a BS and MS in Chemical Engineering.

Investment

Andrea Lim
Andrea Lim
Analyst, Investment
Andrea Lim Analyst, Investment

Andrea is involved in the sourcing and evaluation of deals, due diligence, and the preparation of investment proposals for the fund’s investment decisions. Prior to joining Wavemaker, Andrea interned at Vulpes Ventures, focusing on early-stage SEA investments; and at Deloitte, where she drove the execution of strategic innovation partnerships by establishing key collaborations with start-ups and venture builds. Andrea graduated from Nanyang Technological University with a Bachelor’s degree in Economics (Highest Distinction), specializing in Finance. During her university years, she took on a leadership role in NTU Entrepreneurship Society, which serves as NTU’s entrepreneurial ecosystem for aspiring student entrepreneurs.

Paul Santos
Paul Santos
Founding Partner
Paul Santos Founding Partner

“B. Paul Santos is Co-Founder and Managing Partner of Wavemaker Partners, Southeast Asia’s leading VC firm investing in early-stage Enterprise, Deep Tech, and Sustainability startups. Since 2012, the firm has backed 200+ companies across the region, with over US$600 million in AUM and exits generating over US$1.8 billion in enterprise value. These exits include TradeGecko’s acquisition by Intuit, and Moka’s and Coins.ph’s acquisitions by Gojek. Notable portfolio companies include eFishery, Growsari, Lhoopa, and Silent Eight. Today, 85% of Wavemaker’s active portfolio startups in Southeast Asia are aligned with at least one Sustainable Development Goal of the United Nations.

In 2021, the firm launched Wavemaker Impact, Southeast Asia’s first-of-its-kind climate-tech venture builder, where Paul sits as one of the founding partners. Raising US$60 million for its debut fund, Wavemaker Impact co-founds climate-tech startups with proven entrepreneurs, with the goal of reducing the global carbon budget by 10%. Paul is an advisor to the SMU Institute of Innovation and Entrepreneurship and he chaired the investment committee of the Asian Development Bank’s inaugural venture fund, which focuses on climate tech. Prior to starting Wavemaker Partners, Paul was an entrepreneur who co-founded six companies and sold three. He started his career as a product manager at Procter & Gamble. He graduated from the Ateneo de Manila University with a B.S. in Management Engineering and a Joint Minor in International Management with the University of Antwerp.”

Shiv Choudhury
Shiv Choudhury
Founding Partner
Shiv Choudhury Founding Partner

Shiv Choudhury is one of the Co-Founders of Growsari and a Partner at Wavemaker. Previously, he served as Managing Director at The Boston Consulting Group (BCG) and held multiple regional leadership roles at Procter & Gamble (P&G). With over a decade of experience leading the Consumer and Retail practice in ASEAN, he is a seasoned entrepreneur, investor, and advisor. He is also a member of YPO and a 2X Endeavor Outlier.

Xue Koh
Xue Koh
Founding Partner
Xue Koh Founding Partner

Xue heads the investment team for Black Kite Capital, a Singapore-based single family office. He manages a diversified portfolio across multiple asset classes, from public equity to early-stage direct investments into angel, pre-seed, and seed stage companies.

Prior to Black Kite Capital, Xue honed his investment acumen at Silver Lake, one of the largest technology-focused private equity buyout firms. He worked closely with Silver Lake’s portfolio companies as an operator in Silicon Valley and subsequently opened Silver Lake’s Singapore office and led their Southeast Asia practice from 2020-2023.

Xue began his career as a Consultant with the Boston Consulting Group in San Francisco. Xue graduated with distinction from Stanford University with a BS and MS in Chemical Engineering.

Andrea Lim
Andrea Lim
Analyst, Investment
Andrea Lim Analyst, Investment

Andrea is involved in the sourcing and evaluation of deals, due diligence, and the preparation of investment proposals for the fund’s investment decisions. Prior to joining Wavemaker, Andrea interned at Vulpes Ventures, focusing on early-stage SEA investments; and at Deloitte, where she drove the execution of strategic innovation partnerships by establishing key collaborations with start-ups and venture builds. Andrea graduated from Nanyang Technological University with a Bachelor’s degree in Economics (Highest Distinction), specializing in Finance. During her university years, she took on a leadership role in NTU Entrepreneurship Society, which serves as NTU’s entrepreneurial ecosystem for aspiring student entrepreneurs.

Portfolio Management

Manuel Ravago
Manuel Ravago
Vice President, Portfolio Management
Manuel Ravago Vice President, Portfolio Management

Manuel oversees Wavemaker’s Portfolio Management Team (PMT) and Information Systems (IS). Prior to his current role, Manuel was Head of Research for the Firm. He was previously a Research Director for a regional IT Services advisory firm, where he led consulting projects for Fortune 500 clients and institutional bodies such as the Inter-American Development Bank (IADB) and the World Bank.

Prior, Manuel was a Research Manager for International Data Corporation (IDC), heading country operations in the Philippines. In this role, he was responsible for leading market research and consulting projects for regional and country ICT sectors. Manuel graduated with a Master’s degree in Information Sciences from the Universidad de Navarra (Spain) and completed his undergraduate studies at the University of Asia & the Pacific (Philippines).

Camille Escalante
Camille Escalante
Senior Associate, Portfolio Management
Camille Escalante Senior Associate, Portfolio Management

Camille manages a selection of portfolio companies under the Firm’s Portfolio Management Team (PMT). She provides cross-functional support across IR, Finance and Investment Teams. Camille also manages the Firm’s portfolio management platform.

Prior to Wavemaker, Camille was part of the External Reporting Team in Procter & Gamble International Operations where she was the Front Office Manager for the Pakistan market. In this role, she supported company stakeholders in P&G Pakistan, as well as the preparation and filing of financial statements.

Camille graduated Magna Cum Laude and Valedictorian from the De La Salle University (Philippines) holding a double degree in Applied Economics where she majored in Financial Economics and Legal Management.

Micah Tanjuatco
Micah Tanjuatco
Associate, Portfolio Management
Micah Tanjuatco Associate, Portfolio Management

Micah manages a selection of portfolio companies under the Firm’s Portfolio Management Team (PMT) and works closely with the Investment, Comms and IR Teams. Micah is also a co-administrator for Wavemaker’s Information Systems (IS).

Prior to Wavemaker, Micah was part of the Equity Research Team of CLSA. He provided investment recommendations to foreign and local clients as the analyst covering the port industry in the Philippines. He also had a stint in GCash as a Product Manager for the Wealth Management group. Micah graduated from Ateneo de Manila University (Philippines) where he majored in Management Engineering.

Ysabela Narvasa
Ysabela Narvasa
Associate, ESG
Ysabela Narvasa Associate, ESG

Ysabela is Wavemaker’s resident ESG Associate and looks after the development and integration of the Firm’s ESG Practice. As a member of the Portfolio Management Team, Ysabela typically liaises with the Investor Relations and Investment Teams to implement Wavemaker’s Environmental and Social Management Policies. Prior to this role, she drove strategic projects that centered on sustainability and social impact as a Special Projects Analyst for the Firm.

She was previously an intern for Disini Law and PwC Southeast Asia Consulting where she assisted in operations management and worked on future impact analyses of workforce transformation.

Ysabela is passionate about social impact and sustainability, which she developed as a volunteer for Children’s International Summer Villages (CISV) and her University’s student-led organization in aid of UNICEF. She completed an exchange term in France at IESEG School of Management, and graduated Magna Cum Laude from De La Salle University (Philippines) with a Major in Psychology and Minor in Economic Studies. Ysabela recently earned the CFA Institute Certificate in ESG Investing.

Yanna Arcilla
Yanna Arcilla
Analyst, Portfolio Management
Yanna Arcilla Analyst, Portfolio Management

Yanna handles a selection of companies for Wavemaker’s Portfolio Management Team. She also manages the Firm’s Portfolio Monitoring & Reporting platform, and is tasked to provide data analytics to support the IR and Communication Teams. Yanna also assists in the administration of the Firm’s portfolio management platform.

Prior to Wavemaker, she was an intern under the Privatization and Corporate Affairs Group of the Philippine government’s Department of Finance. She assisted in the oversight of government-owned and controlled corporations in the power and housing sectors, and supported the evaluation of public-private partnership deals in the transportation sector.

Yanna graduated Cum Laude from the Ateneo de Manila University (Philippines) with a Bachelor of Science in Management Engineering.

Julianne Lee
Julianne Lee
Analyst, Portfolio Management
Julianne Lee Analyst, Portfolio Management

Julianne handles companies under Wavemaker Impact for Wavemaker’s Portfolio Management Team. Prior to Wavemaker, she was working with a Singapore-based mental health tech start up leading product and go-to-market strategy initiatives. She was previously an Intern at J.P. Morgan, CLEAR (consulting arm of the M&C Saatchi Group), and a Philippine-based healthcare venture builder where she drove various strategy and operations projects. Julianne graduated from the Ateneo de Manila University in the Philippines with a Bachelor of Arts in Management Economics and a Minor in Finance.

Sam Tongco
Sam Tongco
Analyst, Portfolio Management
Sam Tongco Analyst, Portfolio Management

Sam manages Wavemaker’s databases and systems under the Portfolio Management Team, creating automations and process improvements that enable seamless, cross-functional workflows across Investment, IR, and Comms Teams. Sam is on her last year in the Ateneo de Manila University with a Bachelor of Science in Management Engineering. She is passionate about data, AI, and systems thinking that optimize and empower organizations.

People

Rachel Ng
Rachel Ng
Principal, People
Rachel Ng Principal, People

Rachel leads strategic projects and supports the organisational development of Wavemaker. She also leads the Community and Platform team to help accelerate growth of portfolio companies.

Rachel has 15 years’ experience in HR and Talent Acquisition from Singapore, New Zealand, and Malaysia. During her four years at 90 Seconds from seed stage to Series B, she was the Head of Talent, hired as the 17th employee and helped grow the business to over 180 employees, spanning across Singapore, Australia, New Zealand, Japan, US, and UK. Partnering with the Founder/CEO and leading a team of eight, Rachel built the entire talent organization, including Talent Acquisition (engineering and non-engineering), Talent Management, and HR and Compliance.

Tiffany Lau
Tiffany Lau
Senior Associate, People
Tiffany Lau Senior Associate, People

Tiffany helps to build the teams at Wavemaker and its portfolio companies. She also helps to grow the community of founders and talent leaders to create value for their companies.

Before Wavemaker, Tiffany started her career in marketing roles at early stage tech companies. She then discovered a love for Talent and People, and was most recently a recruiter at Stripe. Previously, she led the Talent team at Entrepreneur First Singapore to find founders through sourcing and partnerships, and built the EF founder community.

Hannah Baltazar
Hannah Baltazar
Associate, People
Hannah Baltazar Associate, People

Hannah obtained her Bachelor’s degree in Psychology at Ateneo de Manila University, where she developed her passion for creating solutions and assessment tools that help organizations with screening and performance management, backed by psychology-driven principles. Prior to Wavemaker, Hannah was involved in various non-profit organizations, raising awareness on pressing social and environmental issues. Through her years of experience with the campus chapter of Habitat for Humanity, she was able to assess, analyze, and address core issues surrounding sustainable community development.

Leong Charlie
Leong Charlie
Analyst
Leong Charlie Analyst

Charlie supports the internal and external events and initiatives at Wavemaker Partners. She facilitates community building between founders and stakeholders through events, programmes, and workshops, and plays a role in the planning and execution of small, mid, and large scale events in multiple markets (Singapore, Indonesia, Philippines, Vietnam).

Charlie first started working with small-producing creative artisans in Vietnam and Thailand under the supervision of ASEAN Foundation, where she sourced and maintained meaningful partnerships between the communities and businesses. She then did a short stint with the United Nations Global Compact Network in Singapore, organising sustainability-themed events such as the inaugural GCNS Youth Summit and Apex Corporate Sustainability Awards.

Outside of work, she enjoys camping outdoors, reading memoirs, and writing down her thoughts about anything under the sun.

Investor Relations

Vasundhara Tankha
Vasundhara Tankha
Vice President, Investor Relations
Vasundhara Tankha Vice President, Investor Relations

Vasundhara is focusing on building relationships with investors and corporates. She has 8 years of experience in investor relations and finance. Prior to joining Wavemaker, Vasundhara was an Investor Relations Manager at PayPal in San Francisco. She started her career with Morgan Stanley where she spent 6 years between London and New York. Vasundhara holds a Masters in Management from the London School of Economics, and a Bachelors in Economics from the Delhi University.

Gary Wong
Gary Wong
Senior Associate, Investor Relations
Gary Wong Senior Associate, Investor Relations

Gary is involved in supporting and building relationships with institutional and accredited investors at Wavemaker Partners. Prior to joining Wavemaker Partners, Gary was an analyst in GLP’s Global Fund Management team and has helped supported global capital raising initiatives, and investor relations across the real estate and private equity fund management business.

Gary graduated with a Bachelor’s in Business Management (Magna Cum Laude) from Singapore Management University and is currently undertaking his Master’s of Science in Real Estate from the University of Manchester.

Yasmin Bastida
Yasmin Bastida
Project Manager
Yasmin Bastida Project Manager

Yasmin works closely with the Investor Relations team to ensure that fundraising, and other cross-functional projects run smoothly.
Prior to Wavemaker, Yasmin was part of the Quality Assurance Team at Procter & Gamble where she managed a team of 6 and supported operations in Asia, the Middle East, and Western Europe. She also worked briefly in Bain as a Case Team Assistant where she took part in strategy building for a startup.
Yasmin graduated from the University of the Philippines with a degree in Economics.

Communications

Jum Balea
Jum Balea
Vice President, Communications
Jum Balea Vice President, Communications

Jum is passionate about crafting narratives and telling meaningful stories. Before joining Wavemaker, she spent 15 years as a journalist, reporting on business and technology in Southeast Asia. She was part of the founding team behind The Ken Southeast Asia, a leading subscription-driven media organization in the region. Previously, she was Managing Editor of Tech in Asia, a Y Combinator-backed media, events, and jobs platform, where she supervised a team of reporters regionally and co-led Editorial strategy. Other previous stints include writing and editing roles at media organizations Rappler and ABS-CBN Corporation in the Philippines.

Marella Putri
Marella Putri
Analyst, Communications
Marella Putri Analyst, Communications

Marella specializes in providing communications support for Wavemaker and its portfolio companies. She holds a Bachelor of Arts degree in International Relations from President University, Indonesia, where she cultivated her passion for research and writing. This passion paved the way for her career as a writer at Forbes Indonesia, where she dedicated 4.5 years covering compelling profiles spanning from business to lifestyle. Eventually, she transitioned to join the team at Wavemaker.

Finance

Mac Hong
Mac Hong
Principal, Finance
Mac Hong Principal, Finance

Mac oversees Finance at Wavemaker. He has more than a decade of experience in Private Equity/Venture Capital, sell-side services and Audit. Prior to joining Wavemaker, Mac was a Finance Director of a US headquartered Private Equity firm managing the finance, risk & compliance and operation functions across Singapore, India, Hong Kong and India offices. Mac is a Chartered Accountant, holds a Master of Science (Finance) from University College Dublin and ACCA.

Chyn Chyi Sing
Chyn Chyi Sing
Senior Associate, Finance
Chyn Chyi Sing Senior Associate, Finance

Chyn Chyi supports financial reporting, budgeting, forecasting, and liaising with external auditors and tax agents. Prior to Wavemaker, she worked as an account executive in Forevertrust, a wholly-owned subsidiary of Continental Hope Group which is one of the largest high-tech based diversified corporation in China. She has experience in setting up accounting systems and frameworks for a new entity in Vietnam. She also managed accounting matters for Hong Kong- and Indonesia-based subsidiary. In addition to that, she also participated in the acquisition project of an SGX-listed property company.

Domino Ractis
Domino Ractis
Senior Associate, Finance
Domino Ractis Senior Associate, Finance

Dom supports the Finance Team at Wavemaker Partners.

Prior to joining Wavemaker, Dom accumulated over 9 years of experience at multinational financial institutions, specializing in various fund administration processes including Trade Capture, Reconciliations, Clearing & Settlements, and Investor Accounting. He holds a Bachelor’s Degree in Management from the University of the Philippines and a Master’s Degree in Business Administration (MBA) from the Ateneo Graduate School of Business, where he received a Gold Medal Award.

Dom is also a part-time college instructor in his hometown in the Philippines, teaching Financial Management classes under the College of Business Administration.

Wendy Hii
Wendy Hii
Analyst, Finance
Wendy Hii Analyst, Finance

Wendy supports the finance team at Wavemaker Partners. Prior to joining Wavemaker, she worked as a group accountant for one of Singapore’s leading SGX-listed IoT service providers. She has experience in financial reporting, handling audits and tax queries, budget planning, and forecasting. She has also participated in projects such as IPOs, mergers, and acquisitions. Wendy graduated from City, University of London with a Bachelor of Science with Honours in Accounting and Finance.

Legal

Wenshan Huang
Wenshan Huang
General Counsel
Wenshan Huang General Counsel

Wenshan practiced as an intellectual property and tech lawyer for 5 years before making the shift in-house as a dedicated legal counsel. Across stints in Mediacorp, ZALORA, 90 Seconds and Circles.Life, he has encountered and helped to solve a wide variety of problems and legal issues for companies across various stages of growth.

James Chan
James Chan
Senior Associate, Legal
James Chan Senior Associate, Legal

James supports Wavemaker’s legal matters. Prior to joining Wavemaker, James began his legal career as a capital markets lawyer, advising on several successful IPOs. He then made the shift to in-house roles in Lazada Group and Wing Tai Asia, working on a wide range of legal issues and advising on key business projects.

Executive Support

Mandy Thong
Mandy Thong
Executive Assistant
Mandy Thong Executive Assistant

Mandy is Executive Assistant at Wavemaker Partners. Prior to joining Wavemaker, she held various administrative and secretarial roles, directly supporting C-suite executives and senior management across industries, including professional services, FMCG, and hospitality. She was also a part-time lecturer preparing students for a variety of administrative and secretarial qualifications in a vocational education institution and the LCCI. She is an expert in shorthand, such as Pitman New Era and Pitman 2000.

Evelyn Leong
Evelyn Leong
Executive Assistant
Evelyn Leong Executive Assistant

Evelyn is an Executive Assistant at Wavemaker Partners, she also helps with managing Wavemaker events.

Prior to joining Wavemaker, Evelyn held several secretarial roles supporting Hospitality leaders having worked at CÉ LA VI Singapore, Fairmont Singapore and Swissotel The Stamford.

Evelyn graduated with an Advanced Diploma in Hospitality and Tourism Management and holds several marketing and hospitality certifications from the Shatec International Hotel & Tourism School. She is also a certified Personal Trainer under the National Council of Strength and Fitness.

Chris Leong
Chris Leong
Operations Manager
Chris Leong Operations Manager

Chris manages HR, finance, and administration for Wavemaker, providing guidance and support for our portfolio companies in these areas whenever required. Prior to joining Wavemaker, she was HR and Administration manager for 3I Infotech where she managed the full spectrum of HR support for 400 employees in Singapore, Malaysia, India and Australia.

Harumi Marin
Harumi Marin
Office Manager
Harumi Marin Office Manager

Harumi is the Office Manager at Wavemaker Partners, leveraging extensive experience in operations management and customer service across diverse hospitality markets in Peru, the US, Dubai, and Singapore. She holds a BA in Hospitality Management from San Ignacio de Loyola University and certifications in Digital Marketing and Media Communications.

Mac Hong
Mac Hong
Principal, Finance
Mac Hong Principal, Finance

Mac oversees Finance at Wavemaker. He has more than a decade of experience in Private Equity/Venture Capital, sell-side services and Audit. Prior to joining Wavemaker, Mac was a Finance Director of a US headquartered Private Equity firm managing the finance, risk & compliance and operation functions across Singapore, India, Hong Kong and India offices. Mac is a Chartered Accountant, holds a Master of Science (Finance) from University College Dublin and ACCA.

Mandy Thong
Mandy Thong
Executive Assistant
Mandy Thong Executive Assistant

Mandy is Executive Assistant at Wavemaker Partners. Prior to joining Wavemaker, she held various administrative and secretarial roles, directly supporting C-suite executives and senior management across industries, including professional services, FMCG, and hospitality. She was also a part-time lecturer preparing students for a variety of administrative and secretarial qualifications in a vocational education institution and the LCCI. She is an expert in shorthand, such as Pitman New Era and Pitman 2000.

Chyn Chyi Sing
Chyn Chyi Sing
Senior Associate, Finance
Chyn Chyi Sing Senior Associate, Finance

Chyn Chyi supports financial reporting, budgeting, forecasting, and liaising with external auditors and tax agents. Prior to Wavemaker, she worked as an account executive in Forevertrust, a wholly-owned subsidiary of Continental Hope Group which is one of the largest high-tech based diversified corporation in China. She has experience in setting up accounting systems and frameworks for a new entity in Vietnam. She also managed accounting matters for Hong Kong- and Indonesia-based subsidiary. In addition to that, she also participated in the acquisition project of an SGX-listed property company.

Evelyn Leong
Evelyn Leong
Executive Assistant
Evelyn Leong Executive Assistant

Evelyn is an Executive Assistant at Wavemaker Partners, she also helps with managing Wavemaker events.

Prior to joining Wavemaker, Evelyn held several secretarial roles supporting Hospitality leaders having worked at CÉ LA VI Singapore, Fairmont Singapore and Swissotel The Stamford.

Evelyn graduated with an Advanced Diploma in Hospitality and Tourism Management and holds several marketing and hospitality certifications from the Shatec International Hotel & Tourism School. She is also a certified Personal Trainer under the National Council of Strength and Fitness.

Chris Leong
Chris Leong
Operations Manager
Chris Leong Operations Manager

Chris manages HR, finance, and administration for Wavemaker, providing guidance and support for our portfolio companies in these areas whenever required. Prior to joining Wavemaker, she was HR and Administration manager for 3I Infotech where she managed the full spectrum of HR support for 400 employees in Singapore, Malaysia, India and Australia.

Domino Ractis
Domino Ractis
Senior Associate, Finance
Domino Ractis Senior Associate, Finance

Dom supports the Finance Team at Wavemaker Partners.

Prior to joining Wavemaker, Dom accumulated over 9 years of experience at multinational financial institutions, specializing in various fund administration processes including Trade Capture, Reconciliations, Clearing & Settlements, and Investor Accounting. He holds a Bachelor’s Degree in Management from the University of the Philippines and a Master’s Degree in Business Administration (MBA) from the Ateneo Graduate School of Business, where he received a Gold Medal Award.

Dom is also a part-time college instructor in his hometown in the Philippines, teaching Financial Management classes under the College of Business Administration.

Wendy Hii
Wendy Hii
Analyst, Finance
Wendy Hii Analyst, Finance

Wendy supports the finance team at Wavemaker Partners. Prior to joining Wavemaker, she worked as a group accountant for one of Singapore’s leading SGX-listed IoT service providers. She has experience in financial reporting, handling audits and tax queries, budget planning, and forecasting. She has also participated in projects such as IPOs, mergers, and acquisitions. Wendy graduated from City, University of London with a Bachelor of Science with Honours in Accounting and Finance.

Manuel Ravago
Manuel Ravago
Vice President, Portfolio Management
Manuel Ravago Vice President, Portfolio Management

Manuel oversees Wavemaker’s Portfolio Management Team (PMT) and Information Systems (IS). Prior to his current role, Manuel was Head of Research for the Firm. He was previously a Research Director for a regional IT Services advisory firm, where he led consulting projects for Fortune 500 clients and institutional bodies such as the Inter-American Development Bank (IADB) and the World Bank.

Prior, Manuel was a Research Manager for International Data Corporation (IDC), heading country operations in the Philippines. In this role, he was responsible for leading market research and consulting projects for regional and country ICT sectors. Manuel graduated with a Master’s degree in Information Sciences from the Universidad de Navarra (Spain) and completed his undergraduate studies at the University of Asia & the Pacific (Philippines).

Camille Escalante
Camille Escalante
Senior Associate, Portfolio Management
Camille Escalante Senior Associate, Portfolio Management

Camille manages a selection of portfolio companies under the Firm’s Portfolio Management Team (PMT). She provides cross-functional support across IR, Finance and Investment Teams. Camille also manages the Firm’s portfolio management platform.

Prior to Wavemaker, Camille was part of the External Reporting Team in Procter & Gamble International Operations where she was the Front Office Manager for the Pakistan market. In this role, she supported company stakeholders in P&G Pakistan, as well as the preparation and filing of financial statements.

Camille graduated Magna Cum Laude and Valedictorian from the De La Salle University (Philippines) holding a double degree in Applied Economics where she majored in Financial Economics and Legal Management.

Micah Tanjuatco
Micah Tanjuatco
Associate, Portfolio Management
Micah Tanjuatco Associate, Portfolio Management

Micah manages a selection of portfolio companies under the Firm’s Portfolio Management Team (PMT) and works closely with the Investment, Comms and IR Teams. Micah is also a co-administrator for Wavemaker’s Information Systems (IS).

Prior to Wavemaker, Micah was part of the Equity Research Team of CLSA. He provided investment recommendations to foreign and local clients as the analyst covering the port industry in the Philippines. He also had a stint in GCash as a Product Manager for the Wealth Management group. Micah graduated from Ateneo de Manila University (Philippines) where he majored in Management Engineering.

Ysabela Narvasa
Ysabela Narvasa
Associate, ESG
Ysabela Narvasa Associate, ESG

Ysabela is Wavemaker’s resident ESG Associate and looks after the development and integration of the Firm’s ESG Practice. As a member of the Portfolio Management Team, Ysabela typically liaises with the Investor Relations and Investment Teams to implement Wavemaker’s Environmental and Social Management Policies. Prior to this role, she drove strategic projects that centered on sustainability and social impact as a Special Projects Analyst for the Firm.

She was previously an intern for Disini Law and PwC Southeast Asia Consulting where she assisted in operations management and worked on future impact analyses of workforce transformation.

Ysabela is passionate about social impact and sustainability, which she developed as a volunteer for Children’s International Summer Villages (CISV) and her University’s student-led organization in aid of UNICEF. She completed an exchange term in France at IESEG School of Management, and graduated Magna Cum Laude from De La Salle University (Philippines) with a Major in Psychology and Minor in Economic Studies. Ysabela recently earned the CFA Institute Certificate in ESG Investing.

Yanna Arcilla
Yanna Arcilla
Analyst, Portfolio Management
Yanna Arcilla Analyst, Portfolio Management

Yanna handles a selection of companies for Wavemaker’s Portfolio Management Team. She also manages the Firm’s Portfolio Monitoring & Reporting platform, and is tasked to provide data analytics to support the IR and Communication Teams. Yanna also assists in the administration of the Firm’s portfolio management platform.

Prior to Wavemaker, she was an intern under the Privatization and Corporate Affairs Group of the Philippine government’s Department of Finance. She assisted in the oversight of government-owned and controlled corporations in the power and housing sectors, and supported the evaluation of public-private partnership deals in the transportation sector.

Yanna graduated Cum Laude from the Ateneo de Manila University (Philippines) with a Bachelor of Science in Management Engineering.

Julianne Lee
Julianne Lee
Analyst, Portfolio Management
Julianne Lee Analyst, Portfolio Management

Julianne handles companies under Wavemaker Impact for Wavemaker’s Portfolio Management Team. Prior to Wavemaker, she was working with a Singapore-based mental health tech start up leading product and go-to-market strategy initiatives. She was previously an Intern at J.P. Morgan, CLEAR (consulting arm of the M&C Saatchi Group), and a Philippine-based healthcare venture builder where she drove various strategy and operations projects. Julianne graduated from the Ateneo de Manila University in the Philippines with a Bachelor of Arts in Management Economics and a Minor in Finance.

Sam Tongco
Sam Tongco
Analyst, Portfolio Management
Sam Tongco Analyst, Portfolio Management

Sam manages Wavemaker’s databases and systems under the Portfolio Management Team, creating automations and process improvements that enable seamless, cross-functional workflows across Investment, IR, and Comms Teams. Sam is on her last year in the Ateneo de Manila University with a Bachelor of Science in Management Engineering. She is passionate about data, AI, and systems thinking that optimize and empower organizations.

Harumi Marin
Harumi Marin
Office Manager
Harumi Marin Office Manager

Harumi is the Office Manager at Wavemaker Partners, leveraging extensive experience in operations management and customer service across diverse hospitality markets in Peru, the US, Dubai, and Singapore. She holds a BA in Hospitality Management from San Ignacio de Loyola University and certifications in Digital Marketing and Media Communications.

Wenshan Huang
Wenshan Huang
General Counsel
Wenshan Huang General Counsel

Wenshan practiced as an intellectual property and tech lawyer for 5 years before making the shift in-house as a dedicated legal counsel. Across stints in Mediacorp, ZALORA, 90 Seconds and Circles.Life, he has encountered and helped to solve a wide variety of problems and legal issues for companies across various stages of growth.

James Chan
James Chan
Senior Associate, Legal
James Chan Senior Associate, Legal

James supports Wavemaker’s legal matters. Prior to joining Wavemaker, James began his legal career as a capital markets lawyer, advising on several successful IPOs. He then made the shift to in-house roles in Lazada Group and Wing Tai Asia, working on a wide range of legal issues and advising on key business projects.

Vasundhara Tankha
Vasundhara Tankha
Vice President, Investor Relations
Vasundhara Tankha Vice President, Investor Relations

Vasundhara is focusing on building relationships with investors and corporates. She has 8 years of experience in investor relations and finance. Prior to joining Wavemaker, Vasundhara was an Investor Relations Manager at PayPal in San Francisco. She started her career with Morgan Stanley where she spent 6 years between London and New York. Vasundhara holds a Masters in Management from the London School of Economics, and a Bachelors in Economics from the Delhi University.

Gary Wong
Gary Wong
Senior Associate, Investor Relations
Gary Wong Senior Associate, Investor Relations

Gary is involved in supporting and building relationships with institutional and accredited investors at Wavemaker Partners. Prior to joining Wavemaker Partners, Gary was an analyst in GLP’s Global Fund Management team and has helped supported global capital raising initiatives, and investor relations across the real estate and private equity fund management business.

Gary graduated with a Bachelor’s in Business Management (Magna Cum Laude) from Singapore Management University and is currently undertaking his Master’s of Science in Real Estate from the University of Manchester.

Yasmin Bastida
Yasmin Bastida
Project Manager
Yasmin Bastida Project Manager

Yasmin works closely with the Investor Relations team to ensure that fundraising, and other cross-functional projects run smoothly.
Prior to Wavemaker, Yasmin was part of the Quality Assurance Team at Procter & Gamble where she managed a team of 6 and supported operations in Asia, the Middle East, and Western Europe. She also worked briefly in Bain as a Case Team Assistant where she took part in strategy building for a startup.
Yasmin graduated from the University of the Philippines with a degree in Economics.

Jum Balea
Jum Balea
Vice President, Communications
Jum Balea Vice President, Communications

Jum is passionate about crafting narratives and telling meaningful stories. Before joining Wavemaker, she spent 15 years as a journalist, reporting on business and technology in Southeast Asia. She was part of the founding team behind The Ken Southeast Asia, a leading subscription-driven media organization in the region. Previously, she was Managing Editor of Tech in Asia, a Y Combinator-backed media, events, and jobs platform, where she supervised a team of reporters regionally and co-led Editorial strategy. Other previous stints include writing and editing roles at media organizations Rappler and ABS-CBN Corporation in the Philippines.

Marella Putri
Marella Putri
Analyst, Communications
Marella Putri Analyst, Communications

Marella specializes in providing communications support for Wavemaker and its portfolio companies. She holds a Bachelor of Arts degree in International Relations from President University, Indonesia, where she cultivated her passion for research and writing. This passion paved the way for her career as a writer at Forbes Indonesia, where she dedicated 4.5 years covering compelling profiles spanning from business to lifestyle. Eventually, she transitioned to join the team at Wavemaker.

Rachel Ng
Rachel Ng
Principal, People
Rachel Ng Principal, People

Rachel leads strategic projects and supports the organisational development of Wavemaker. She also leads the Community and Platform team to help accelerate growth of portfolio companies.

Rachel has 15 years’ experience in HR and Talent Acquisition from Singapore, New Zealand, and Malaysia. During her four years at 90 Seconds from seed stage to Series B, she was the Head of Talent, hired as the 17th employee and helped grow the business to over 180 employees, spanning across Singapore, Australia, New Zealand, Japan, US, and UK. Partnering with the Founder/CEO and leading a team of eight, Rachel built the entire talent organization, including Talent Acquisition (engineering and non-engineering), Talent Management, and HR and Compliance.

Tiffany Lau
Tiffany Lau
Senior Associate, People
Tiffany Lau Senior Associate, People

Tiffany helps to build the teams at Wavemaker and its portfolio companies. She also helps to grow the community of founders and talent leaders to create value for their companies.

Before Wavemaker, Tiffany started her career in marketing roles at early stage tech companies. She then discovered a love for Talent and People, and was most recently a recruiter at Stripe. Previously, she led the Talent team at Entrepreneur First Singapore to find founders through sourcing and partnerships, and built the EF founder community.

Hannah Baltazar
Hannah Baltazar
Associate, People
Hannah Baltazar Associate, People

Hannah obtained her Bachelor’s degree in Psychology at Ateneo de Manila University, where she developed her passion for creating solutions and assessment tools that help organizations with screening and performance management, backed by psychology-driven principles. Prior to Wavemaker, Hannah was involved in various non-profit organizations, raising awareness on pressing social and environmental issues. Through her years of experience with the campus chapter of Habitat for Humanity, she was able to assess, analyze, and address core issues surrounding sustainable community development.

Leong Charlie
Leong Charlie
Analyst
Leong Charlie Analyst

Charlie supports the internal and external events and initiatives at Wavemaker Partners. She facilitates community building between founders and stakeholders through events, programmes, and workshops, and plays a role in the planning and execution of small, mid, and large scale events in multiple markets (Singapore, Indonesia, Philippines, Vietnam).

Charlie first started working with small-producing creative artisans in Vietnam and Thailand under the supervision of ASEAN Foundation, where she sourced and maintained meaningful partnerships between the communities and businesses. She then did a short stint with the United Nations Global Compact Network in Singapore, organising sustainability-themed events such as the inaugural GCNS Youth Summit and Apex Corporate Sustainability Awards.

Outside of work, she enjoys camping outdoors, reading memoirs, and writing down her thoughts about anything under the sun.