Danny Yong Investment Leader Dymon Asia

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Danny Yong is a highly accomplished investment leader, and his work with Dymon Asia is a testament to his expertise.

As the founder and CEO of Dymon Asia, Danny Yong has built a reputation for making savvy investment decisions.

One of his notable achievements is leading Dymon Asia to become one of the largest distressed debt investors in Asia.

Dymon Asia has a strong track record of delivering high returns to its investors, with a focus on private equity and distressed debt investments.

Danny Yong

Danny Yong is a self-made millionaire, hedge-fund manager, and philanthropist.

He co-founded Dymon Asia Capital in 2008 and serves as the Co-Chief Executive Officer, playing a pivotal role in the firm's operations and strategic direction.

As Co-Chief Investment Officer of the firm's flagship Multi-Strategy Investment Fund (MSIF), he guides the investment strategy.

Before co-founding Dymon Asia, Danny was a founding partner and Chief Investment Officer at Abax Global Capital.

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He held the position of Managing Director at Citadel Investment Asia, where he established and successfully ran the Asia Macro trading business from 2005 to 2007.

Earlier in his career, he served as the Head of Trading for South East Asian FX and Derivatives at Goldman Sachs.

He began his trading career at JP Morgan in 1997 as an FX currency and interest rate derivatives trader.

Danny is also the Chairman of The Majurity Trust, a philanthropic organization that works with donors and charities to build a thriving and sustainable community for all in Singapore.

In 2015, he made a S$5 million cash donation to the National Gallery Singapore to fund art acquisitions for the establishment's national collection.

Career

Danny Yong has had a successful career, with one of his active positions being Chief Executive Officer of Dymon Asia Capital (Singapore) Pte Ltd.

He has been in this role since December 31, 2021.

Background

Growing up in a single-parent household motivated Danny Yong to work hard and push his boundaries. His mom encouraged him to be diligent, and he would wake up at 5 a.m. every morning to run.

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At 17, Yong joined the national badminton team, juggling his 'A' Levels studies with rigorous training. He slept at the badminton courts to save time commuting to study for exams.

Yong graduated from Nanyang Business School with a first-class honours degree in banking and finance in 1997. He then applied to JP Morgan as an Asian currency derivatives trader, competing with 1,000 other applicants.

A trader at JP Morgan recognized Yong's photo and rescued his application from the reject pile, allowing him to secure the job. This small action changed the course of his career.

After a three-year stint with JP Morgan, Yong joined Goldman Sachs in February 2000, eventually becoming the head of trading for South Asia derivatives. He then joined Citadel in November 2005.

A fresh viewpoint: John Paulson Trader

Frequently Asked Questions

Who owns Dymon Asia?

Dymon Asia is wholly owned by Danny Yong and Keith Tan. They acquired full ownership in December.

What does Dymon stand for?

Dymon is an acronym for Danny Yong Macro Opportunities Navigator. It's a name that reflects the founder's approach to investing.

Carole Veum

Junior Writer

Carole Veum is a seasoned writer with a keen eye for detail and a passion for financial journalism. Her work has appeared in several notable publications, covering a range of topics including banking and mergers and acquisitions. Veum's articles on the Banks of Kenya provide a comprehensive understanding of the local financial landscape, while her pieces on 2013 Mergers and Acquisitions offer insightful analysis of significant corporate transactions.

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