Expon Capital is thrilled to announce the promotion of Lily Wang to Partner. This promotion is the recognition of her instrumental role since joining the firm in 2019, and a logical step in the development and ambition of the firm.

Expon Capital is one of the few alternative investment managers born in Luxembourg with all partners based here. Founded 8 years ago, it focuses on investing in the technology sector and has today more than 30 portfolio companies across 9 countries.

“As we continue to evolve and launch new generations of funds, we are confident that Lily will bring invaluable contributions to our team and limited partners alike. This promotion is a testament to her hard work and a symbol of our commitment to nurturing talent and fostering a culture of excellence”, states Jérôme Wittamer, Managing Partner.

A young mathematics student from Harbin, Lily left China more than a decade ago, first for the US, where she conducted academic research in behavioral economics and statistics at UC Berkeley. Then for Europe, Paris then London where she participated in multiple M&A, IPO and financing transactions as an investment banker. Since joining Expon Capital she focused on sourcing and executing investment opportunities, managing portfolio companies, and integrating ESG considerations. She notably led the investment into Cascade, Videobot and Hellobetter.

“I consider myself fortunate to engage every day with seasoned investors at Expon and visionary entrepreneurs we back. I am glad to be part of the entrepreneurial journey and look forward to further growing our platform”, states Lily Wang, Partner.