Co-Founder (retired),
Capital Group Private Markets

Phuong Lam


In January 2018, Lam retired as Senior Managing Partner, Co-founder and Co-head of the Private Markets division of Capital Group. He served as Chief Investment Officer from 1992 to 2016, when he oversaw the making of over 80 Private Equity investments totaling nearly USD 6 billion in emerging markets around the world, from Asia to Latin America, Eastern Europe, and Africa. Based in Singapore since 1995, Lam also served as CEO of Capital International Inc.’s Singapore branch until his retirement.

Prior to joining Capital Group in 1992, Lam was a director of Ermgassen & Co. Ltd., a London-based mergers & acquisitions advisory firm which he had co-founded in 1988. Prior to that, he worked at JP Morgan & Co in New York, Brussels and London, primarily in corporate finance and mergers & acquisitions. He also worked as a commercial banker covering Latin America for Republic Bank Dallas.

On a part time basis, Lam has taught classes in Investment Management or Corporate Finance at Pace University – New York (B.A. Level), The University of Texas at Dallas (B.A. Level), and Boston University – Brussels (M.B.A. Level).

In addition to serving on the Asia Partners Advisory Board since 2019, Lam has served on: the National University of Singapore (Investment Committee); the Ascent Myanmar Growth Fund (Investment Committee Chairman); and the Asia Philanthropy Circle (Chairman of Finance Committee, and member of Board of Directors).

Lam is involved (as an advocate donor, and mentor) with numerous social enterprises and NGOs, including Transformational Business Network Asia, and the global organisations,, and The philanthropic activities of Lam’s family aim primarily at promoting inner transformation and systems change, in pursuit of human dignity and social justice. 

‍He holds a Diplôme d’Ingénieur (equivalent to B.Sc/M.Sc degree) from Ecole Centrale (Paris, France), and a Master of Business Administration from the Stanford Graduate School of Business

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