David Zeng is a Managing Director at New Frontier Group and is a Director of the Board of New Frontier Health Corporation (NYSE: NFH). Mr. Zeng is primarily responsible for the investments efforts at New Frontier Group and the operations of portfolio companies. Mr. Zeng led the acquisition of United Family Healthcare by New Frontier Corporation (renamed to New Frontier Health Corporation) with a total enterprise valuation of $1.44 billion.
Prior to joining New Frontier, Mr. Zeng was a Senior Associate at Blackstone’s Private Equity Group in Hong Kong. At Blackstone, he executed a number of investments across multiple industries in China, including the take-private of Global Sources Limited (one of world’s largest electronics exhibition operators) and the buyout of Shya Hsin Packaging (one of world’s largest color cosmetics plastic packagers). Mr. Zeng was also actively involved in the operations of Blackstone portfolio companies. He was most recently the interim-CFO and Executive Director of Shya Hsin Packaging and led a number of key operational initiatives. Prior to joining Blackstone, Mr. Zeng was a member of the Mergers & Acquisitions Group at Barclays in Hong Kong.