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February 10, 2014 12:00 AM

Fortune Venture adds Singapore-based managing director of investments

Douglas Appell
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    Lee Yuen Wai joined Fortune Venture Investment Group in Singapore as managing director of investments (Asia), according to a news release from the Taipei-based venture capital and private equity investment firm.

    The position is new and focuses on the firm’s investments in Singapore, Malaysia, Indonesia, Thailand and the Philippines, according to an e-mail from a spokesman for the company.

    Mr. Lee was director and wealth manager in Singapore for UBS AG’s high-net-worth team.

    A UBS spokeswoman confirmed Mr. Lee’s departure but declined to comment further.

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