Senior Investment Professionals


AP Capital has a seasoned team investment professionals, with extensive experience and track records delivering superior investment returns.

AP Asset Management //

AP Asset Management //

AP Special Situations Group //

Rudi Tsai

Managing Director

Mr. Rudi Tsai is a Managing Director with AP Special Situations Group, with a primary focus on investments in the renewable energy sector. He has over 25 years of experience in corporate and project finance advisory, equity raising and debt financing, with particular expertise in M&A advisory. During his banking tenure, he has built and led teams in a number of major investment banking product lines and held senior management positions with international and regional investment banks, including J.P. Morgan, DBS Bank, Fubon Financial, and Schroders.

Prior to joining AP Capital, Rudi was the Global Head of Project and Structured Finance at Canadian Solar, leading and overseeing regional teams based in Canada, the US, the UK, Japan, and Hong Kong in a global effort to develop and structure various sources of equity and debt funding for development, construction, and investment in utility scale solar photovoltaic projects around the world, with emphasis on financing activities in Japan and the UK, as well as in emerging markets. Rudi was a member of the Global Projects Investment Committee.

Rudi received a Master of Science in Industrial Administration from Tepper School of Business at Carnegie Mellon University and a Bachelor of Science in Applied Economics and Management from Cornell University.

Thomas Ng

Managing Director

Mr. Thomas Ng is a Managing Director with SSG and a specialist in the environmental and recycling industries with over 20 years of extensive management, marketing and operational experience in Asia, the US and Europe. He has been the General Manager for a global MNC responsible for the UK and EU markets, where Thomas restructured and turned the existing operations around from a near liquidation to profitable status. He was also previously involved with infrastructure direct investments with Delta Associates and AIG Investment Corporation. A native of Singapore, Thomas completed his undergraduate studies at Illinois State University and an MBA from Rensselaer University.

Ricky Ho

Chief Financial Officer

Mr. Ricky Ho is the Chief Financial Officer of SSG. He has over 16 years of experience in corporate finance, investment, Mergers & Acquisitions and operations. Prior to joining SSG, he was Financial Controller for Fulbond Holdings Ltd, a listed company on the Hong Kong Main Board. He is a member of the Association of Chartered Certified Accountants and he holds a Bachelor of Commerce from Curtin University of Technology, Australia.

Jessica Bao

Fund Manager

Ms Jessica Bao is a Manager with SSG. Prior to joining SSG, Jessica worked as a Senior Market Analyst with Reuters Asia, and an assistant manager with China Merchants Bank. She holds Bachelor in Economics from the Nanjing Audit University, China, and Master degrees in Economics from National University of Singapore.

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