Mr Cheng is based in Hong Kong and is the Managing Partner of Ancora Capital Management Limited, a private equity firm which invests in the natural resources sector in Asia. Previously, Mr Cheng has worked in investment banking in the resources sector at Schroders, Ord Minnett and JP Morgan in Australia, and was also based in Beijing, China, undertaking investment and advisory activities at Jade International Capital Partners. Born and educated in Australia, Mr Cheng holds a Bachelor of Commerce from Melbourne University and a Masters of Commerce from Sydney University.