D3’s team has had several decades of successful experience in finance, corporate management, and investing.


Teo Cheng Kwee

Chairman and Co-Founder

Mr Teo has four decades of entrepreneurial and business experience across Asia. He is the founder, former CEO, and director of Sapphire Corporation Limited (SGX mainboard listed), which has a 40 year history in construction and natural resources. He has built many condominium and public housing projects in Singapore and elsewhere, as well as the Singapore Supreme Court and Nanyang Technological University. He has also founded several other successful companies and led the IPOs of multiple companies in Singapore and Hong Kong, raising hundreds of millions for companies worth US$2B+. He currently serves as a board director of many listed and private companies.

Daphne Teo

Co-Founder and Managing Director

Daphne has substantial investing and finance experience, having served in this role for years and having previously worked at Goldman Sachs and HSBC in the Investment Banking Division in Hong Kong and Singapore, where she gained a large amount of investment and transactional exposure. She primarily worked in the metals & mining and industrials sectors and the Asia, Africa, and Europe markets. At D3, she has executed and overseen a number of multi-million investments in real estate and natural resources across Asia and USA. She also serves as a board director at selected portfolio companies. In addition, she acts as a consultant to real estate developments and has participated deeply on Myanmar market entry, investment and business development activities. Most recently, she was a co-founder and investor in the 3.6M sq. ft. Golden City integrated real estate development in Yangon, Myanmar.

Daphne received her master's from Stanford University and her bachelor's from Purdue University (highest honors).

Jeffrey Lu

Senior Advisor

Jeff has over a decade of experience in entrepreneurship, corporate management, and investing. He has held CEO and senior corporate executive roles at multinational enterprises, growth-stage companies, and start-ups, such as Engine Biosciences, AAE Travel (partially acquired by Expedia at $345M valuation), and AirAsia Group.

He also has been actively investing both together with D3 Capital and as a Managing Director of Goodman Capital, which invests in both early and late stage (up to pre-IPO) private companies in USA and Asia and has achieved many profitable exits in recent years across sectors.

Jeff began his career at Bain & Company and received his bachelor's degree summa cum laude from the University of Pennsylvania.

Jamie Ng

Operations Director

Jamie has over a decade of experience at D3, DBS Bank, and Singapore Tourism Board in finance, business development, and operations roles. Jamie graduated from the National University of Singapore with a Bachelor's Degree in Business Administration with Merit majoring in Marketing.