

Tsao Family Office acts as the investment arm of the Tsao family, formerly founders of the IMC Group. Its diversified portfolio includes long/short equity, private equity, fixed income (including impact bonds), private credit, real estate, and liquid alternatives. TFO pursues impact strategies aimed at social and environmental outcomes, alongside investments supporting the family's philanthropy. With risk-based allocation and a target of 3-5% returns above the risk-free rate, the office emphasizes consistency, compounding, and sustainable diversification across asset classes and geographies.
“Tsao Family Office invests in impact funds that focus on climate and inclusion (priority areas for inclusion are access to healthcare and education, financial inclusion and social housing). We invest in Equities, Fixed Income, Private Equity (venture, growth and buyout), Private Credit and Real Estate. TFO has a global mandate, with a growing interest in impact funds that benefit emerging and frontier markets. We have an allocation of capital that can be used for highly innovative impact opportunities; this is theme agnostic and enables us to work with a broader range of impact partners.”
—Diana Watson, Head of Sustainability & Impact Investment
Asset class
Impact theme
Investment geographies



