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Founder of Inception Capital reappeared after months of disappearance, agreeing to relinquish some key responsibilities within the company.

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ForesightNews
308Words
Sep 19, 2024

According to Foresight News, as reported by Fortune, David Gan, the founder of Inception Capital, lost contact with investors after traveling to China to assist his father with an investigation, triggering a fund liquidation crisis. Based on documents from the U.S. Securities and Exchange Commission (SEC), Inception Capital manages nearly $100 million in assets. At the end of June, during a fund liquidation vote by investors, Gan reappeared and agreed to relinquish certain key responsibilities of the company. Currently, Inception Capital is working with limited partners to develop a transition strategy.

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