People
Small team.
Institutional stack.
Two partners. Decades across capital markets, special situations, credit and fund operations. Every mandate is run by a partner directly — no associates, no back-channels.
Leadership
Co-Founder & CIO
Moe Ibrahim
Co-Founder & CIO
Best Asian Distressed Debt Fund
2004
Best Singapore Hedge Fund
2004
Best Distressed Fund
2006
Top 20 Rising Hedge Fund Stars — Institutional Investor
2007
Singapore Spirit of Enterprise
2008
Moe joined Lazard in New York in 1996 and was brought into the firm’s distressed debt trading group shortly after. In 1999 he founded Lazard’s Singapore debt trading operation and was made the firm’s youngest Vice President at the time.
In the early 2000s he left Lazard to launch a series of Asian credit and distressed debt funds. Across his fund-management career he raised over US$1 billion in client capital and delivered an average annual net return of 16%.
His track record was recognised repeatedly: Best Asian Distressed Debt Fund and Best Singapore Hedge Fund (2004), Best Distressed Fund (2006), Top 20 Rising Hedge Fund Stars in Institutional Investor (2007), and Singapore’s Spirit of Enterprise award (2008). He completed the Owner/President Management programme at Harvard Business School.
Today Moe leads YMC Capital’s investment strategy and portfolio construction. His focus is on special situations where control is the binding constraint — legacy LPs, defaulted credit, minority stakes without influence, and corporate subsidiaries that are no longer core. He applies the same capital-preservation discipline that has guided his career from the outset.
“The foremost emphasis must always be on the preservation of capital. Conservative and deliberate portfolio construction is always the best hedge.”
Operations
Co-Founder & COO
Clement co-founded YMC Capital and runs fund operations, technology and the digital-assets strategy. Earlier he co-founded ExPopulus, a gaming infrastructure company that raised US$15 million at a US$87.5 million valuation — one of the most recognised brands at the intersection of gaming and blockchain.
Inside the firm Clement covers the infrastructure that makes the mandate side possible — subscription tooling, investor reporting, the portal, and the governance around how a small team runs institutional-grade plumbing.
He also brings a forward-looking dimension to the firm’s investment capabilities through his active portfolio across technology and digital-asset ventures.
Clement Wong
Co-Founder & COO
The firm
Small by design.
Regulated by choice.
Regulatory structure, legal counsel, administration, audit and custody all sit at the same level as the funds we used to work with on the other side of the table. That is the precondition for a serious conversation with a family office.
It is also why mandates, segregated portfolios, and managed accounts all sit on the same rails — one governance standard across everything we run.
Investment Manager
YMC Capital Limited
A British Virgin Islands Business Company and an Approved Manager under the BVI Securities and Investment Business Act. The BVI Approved Manager regime is designed for managers of professional-investor funds with institutional-grade governance and FSC oversight.
Fund Platform
Nodal SPC
A Cayman Islands Segregated Portfolio Company regulated by the Cayman Islands Monetary Authority (CIMA) as a registered Mutual Fund. Strategies launch as segregated portfolios under Nodal SPC, each legally ring-fenced from the others.
Service Providers
Institutional stack
Tier-1 Cayman and BVI legal counsel. Independent third-party fund administration for NAV calculation, AML/KYC, and investor services. Independent annual audit. Specific counterparties disclosed under mutual NDA.
Footprint
Cayman · BVI
Regulated entities in the Cayman Islands and the British Virgin Islands. Mandates taken globally where our counsel can act — primarily Commonwealth jurisdictions, the United States via local counsel, and selective European markets.
Every mandate is run by one of us.
No associates. No back-channels. If you write to us, you hear back from a partner.