Mingpo Cai’s journey started at age 20 when he arrived in France with no capital, no network and not a word of French. Today, he’s the founder of Cathay Capital and an influential figure in Sino-French economic relations.
It’s through pure determination and believing that sincerity is the universal language, that Mingpo made his way from China to France, taught himself the language and worked his way through business school.
Mingpo started his first company Stonest to transform the archaic gravestone industry and learned life-long lessons around the value of trust and simply doing what you say. He developed relationships early in his academic years, leading him to open a representative office in Shanghai for France’s Groupe SEB, now an active investor in Cathay Capital.
When he met tenured French private equity investor Edouard Moinet, they bonded immediately over the idea of bridging economic cultures. The two started Cathay Capital and built a global investment platform, with an impressive ecosystem of corporate LPs, to share knowledge and local expertise to help companies go beyond their borders.
It’s when Mingpo moved to New York that he met Denis Barrier, the French venture capitalist living in Silicon Valley who shared the same vision in a global ecosystem that would be useful to entrepreneurs and corporate executives alike. Together, they infused venture into Cathay Capital to push forward digital transformation and scale technologies that will have a positive impact on the world.