AboutSingapore
Kelvin Fu
Managing Director, Thrive Alternatives Group | Asia Secondaries & Continuation Vehicles | Former GP, LP/CIO & Operator
Contact
Current roles
- Thrive Alternatives Group
- Managing DirectorMay 2026–
- Gunung Capital
- AdvisorMar 2026–
- BlueMark
- Advisory Board MemberApr 2023–
- RSVP Singapore
- Fundraising CommitteeApr 2026–
Previously
- Gunung Capital
- Managing Partner (single-family office, CIO)2021–2026
- PT Gunung Raja Paksi Tbk
- Chief Transformation Officer2024–2025
- GL Capital
- Partner & CIO, US commercial real estate2016–2020
- Interprise Partners
- Vice President2017–2020
At PT Gunung Raja Paksi, led the US$450M carve-out of the structural steel division to Yamato Kogyo, Hanwa and Siam Yamato Steel (ALB Deal of the Year 2024).
Credentials
- SID Accredited Director (2025)
- SMU–SID Accredited Diploma in Directorship (2026)
- Harvard Business School, Owner/President Management (in progress)
- Johns Hopkins Carey, Global MBA
- Macquarie University, Master of Applied Finance
- National University of Singapore, Political Science
- Oxford Private Markets Investments Programme (2025)
Member, YPO and Milken Institute Young Leaders Circle (since 2021).
Talks & press
Selected- Speaker, The Economist Sustainability Week, Bangkok · Mar 2025
- Speaker, ADB CEO Forum, Milan · date to confirm
- Forging a greener future · Barclays Private Bank · 2024
- ‘A matter of survival’: Why Indonesian steel giant Gunung Raja Paksi is going net-zero · Eco-Business · 2023
- S’pore’s Gunung Capital to invest $500m to decarbonise assets · The Straits Times · 2022
- Private equity makes a pitch for decarbonising Asia · Financial Times (partner content) year