Sanford J. Selman, Managing Director
Sandy Selman is a highly experienced financial executive with deep domain experience in technology and innovation. He has several technology start-ups to his credit, including CPROP which develops and deploys proprietary and white-labeled software applications across the real estate value chain, incorporating blockchain where it adds value, to help its partners and clients reduce business risk, address pain points and capture new revenue opportunities.
Mr. Selman previously founded the Asia West Environment Fund LP, an early-stage venture capital fund with a unique focus on investing in privately-held companies in North America and Europe possessing proprietary technology that is commercially and environmentally relevant to China and India. Over a 9 year period, Mr. Selman’s portfolio companies endured the difficult transition of scaling their businesses from bench-scale technology “experiments” to viable global enterprises. As Chairman of three of his portfolio companies, Mr. Selman guided his management teams over an often bumpy road to cash flow breakeven and beyond. Managing these transitions required Mr. Selman to assume operational control as CEO during particularly challenging times to design and execute a turnaround or restructuring of the business.
Prior to Asia West, during his industrial and investment banking career, Mr. Selman specialized in developing and financing a diverse range of industrial and infrastructure projects with a particular focus on energy and the environment. He arranged approximately $1.5 billion in project, trade and lease financing serving as financial advisor to governments and private sector clients in North America, Latin America, China, Indian sub-continent and Eastern Europe.
Mr. Selman holds a Master of Business Administration in Finance and Investments from The George Washington University and a Bachelor of Science in Mechanical Engineering (with Distinction) from Worcester Polytechnic Institute.
US: +1 (203) 434-3005
Richard McCombs, Managing Director
Richard McCombs has over 35 years of professional experience, the majority of which has been in executive-level management positions. He served as CEO or President of MBA Polymers, Inc. for twelve years and led the Company from an early-stage, pre-revenue company with unproven technology to a global enterprise with commercial manufacturing facilities on three continents utilizing MBA’s revolutionary plastics recycling technology.
Mr. McCombs was responsible for negotiating, constructing and commissioning MBA’s first commercial facility in China in conjunction with a Chinese joint venture partner, hiring the Chinese Managing Director and together, developing a customer network including leading global electronic OEMs. Mr. McCombs then repeated these steps for MBA’s European plants in Austria and the UK. In order to support this expansion, Mr. McCombs raised seven rounds of private equity financing from some of the largest VC/PE firms in the world.
Prior to MBA Polymers, Mr. McCombs was CFO of a publicly-held company and started a joint venture in the rice industry in Vietnam. This company grew to become the largest foreign-owned exporter of rice during his tenure.
Mr. McCombs has considerable fundraising experience having negotiated equity, debt and non-dilutive financing from diverse sources such as angel investors, venture capital firms, private equity funds, government agencies, banks and public bond markets.
Mr. McCombs earned his MBA from Stanford University and a B.A. from Amherst College.
US: +1 (415) 497-8509
Eric Wang, Managing Director
Eric Wang has deep experience in M&A, direct investment, venture capital and private equity across multiple industry verticals. He is a veteran of post-acquisition integration with hands-on success on JV and WOFE management. He has been based in the US, Europe, Hong Kong and key cities across Mainland China.
Mr. Wang previously served as Country General Manager for China of a World Top 100 cleantech company and a US multinational, growing their China businesses from greenfield to commercial success stories. At Hutchison Whampoa, Eric closed more than 20 M&A transactions in TMT, media, entertainment, sports, etc.
Mr. Wang received IMBA degrees from University of South Carolina (USA) and Vienna Economic University (Austria) and a Bachelor of Arts in Accounting. Eric is married and with a daughter. He is an active golfer and university lecturer.
China: +86 186 0134 2443