Yong Zhang
张勇
Yong Zhang (张勇, also known by his alias 逍遥子 / "Xiaoyaozi") is a former top executive at Alibaba who transitioned into private equity. He served as chairman and CEO of Alibaba Cloud and earlier as chairman and CEO of the Alibaba Group, stepping down from those roles in September 2023 . In March 2024, he joined Primavera Capital (晨壹基金) as managing partner alongside founder Liu Xiaodan , a move that surprised some observers who had expected him to launch his own fund . Alibaba had previously committed $1 billion to support him in establishing a technology fund . At Primavera, a buyout-focused firm, Zhang's operational background is seen as complementary to Liu's deal-making expertise . As 暗涌Waves noted, both are regarded by acquaintances as "truly low-key" .
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Coverage
Countless Lies About M&A in China, and One Truth
All we hear are footsteps on the stairs, but no one ever comes down.
暗涌Waves·10 Facts About 1,000 Chinese Billionaires
The currents of the era, all contained within the sequence.
暗涌Waves·The Alibaba investment executive who bet big on Kimi has left, and she sent off her departure with a rock song
"To be part of the wave can't stop."
暗涌Waves·Exclusive | Daniel Zhang Joins Primavera Capital, Continuing His Unfettered Path in M&A
"Industry consolidators prefer winter."
暗涌Waves·Is investor Zhang Yong someone to watch?
The revelry has ended.
暗涌Waves·
