Paul Santos is the Managing Partner of Wavemaker Partners, Southeast Asia’s leading VC firm investing in early-stage Enterprise, Deep Tech, and Sustainability startups. Since 2012, Wavemaker has backed 200+ companies across the region, with over US$500 million in total committed capital and exits generating over US$2 billion in enterprise value. Notable portfolio companies include Growsari, Lhoopa, and Silent Eight. Paul is also one of the founding partners of Wavemaker Impact, a US$60 million venture-building fund in Southeast Asia, and Wavemaker Growth, Wavemaker’s Growth Opportunities Fund, with a US$30 million first close. Paul was recently appointed to the Enterprise Singapore board, and is currently part of the Monetary Authority of Singapore’s Enterprise and Markets Workstream. He also previously chaired the investment committee of the Asian Development Bank’s inaugural venture fund focused on climate tech. Before starting Wavemaker Partners, Paul was an entrepreneur who co-founded six companies and sold three. He started his career as a product manager at Procter & Gamble. He holds a B.S. in Management Engineering from the Ateneo de Manila University, along with a Joint Minor in International Management with the University of Antwerp.

Shiv Choudhury is one of the Co-Founders of Growsari and a Partner at Wavemaker. Previously, he served as Managing Director at The Boston Consulting Group (BCG) and held multiple regional leadership roles at Procter & Gamble (P&G). With over a decade of experience leading the Consumer and Retail practice in ASEAN, he is a seasoned entrepreneur, investor, and advisor. He is also a member of YPO and a 2X Endeavor Outlier.

Xue heads the investment team for Black Kite Capital, a Singapore-based single family office. He manages a diversified portfolio across multiple asset classes, from public equity to early-stage direct investments into angel, pre-seed, and seed stage companies.

Prior to Black Kite Capital, Xue honed his investment acumen at Silver Lake, one of the largest technology-focused private equity buyout firms. He worked closely with Silver Lake’s portfolio companies as an operator in Silicon Valley and subsequently opened Silver Lake’s Singapore office and led their Southeast Asia practice from 2020-2023.

Xue began his career as a Consultant with the Boston Consulting Group in San Francisco. Xue graduated with distinction from Stanford University with a BS and MS in Chemical Engineering.