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Mr. William Ma, CFA, CAIA, MBA is the Co-Chief Investment Officer of Noah Holdings (Hong Kong) Limited and the Co-Chief Investment Officer, Partner of Gopher Asset Management. Gopher is one of the largest Fund of Hedge Funds manager in China with USD18.2billion AUM. Previously Mr. Ma was the CIO of Gottex Penjing Asset Management (GPAM), the Asia asset management arm of Gottex Fund Management, a Swiss-listed alternative investment management firm with peak AUM of USD22billion. At GPAM, Mr. Ma managed USD2billion of client assets and the Asian investment team, and was the lead portfolio manager of all of Gottex’s Asian fund of hedge funds focusing on portfolio management, hedge fund due diligence and manager selection. Prior to joining GPAM, Mr. Ma was Founder and Portfolio Manager of Penjing Asset Management managing Asian funds of hedge funds. Before founding Penjing in 2005, he worked at Vision Investment Management (Asia) Ltd specializing in Asian hedge funds due diligence. Previously, he served as a research analyst at HT Capital Management Ltd, a Pan Asia Long/Short equity hedge fund management firm. Mr. Ma joined the investment industry as an Intern at Merrill Lynch’s San Francisco office in 2001.