We are excited to announce that Bruce Ou is our newest partner here at Grove Street. Bruce has worked closely with each of us over the past 8 years, so his addition to the ranks is sure to be a natural and smooth evolution of the team.
For those of you that don’t know Bruce, he was born in Chengdu and moved to the US at the age of 19 to pursue the “American dream.” After attending Williams, Bruce worked for 3 years at Monitor Group and was introduced to Grove Street by one of our underlying managers (GGV Capital) for which we are forever appreciative. We were drawn to his combination of consulting experience and corporate finance acumen (if you need any further evidence of this, his wife Wendy teaches finance over at nearby Babson).
Bruce is a proud father of two young girls but is always generous with his time and willing to take the incremental call, meeting or flight to talk to anyone seeking his advice. During his tenure here, Bruce has sourced and led investments across our venture, growth and private equity portfolios. We won’t ask him to pick his favorite funds.
What makes a partnership successful (or unsuccessful)? It’s an important question that is fundamental to what we do here at Grove Street as Limited Partners. Our firm was originally founded in 1998 with the mindset of assembling a small group of experienced people with complementary personal styles and backgrounds. For those of you that know us well, each of the partners are quite different. We feel this is a true strength and core tenet of who we are. Bruce will continue to contribute to this diversity and based on our shared experiences together, we all trust both his investment judgment and moral compass.
From a generational standpoint, we now have partners that are in their 50’s, 40’s and 30’s. Given everything we observe from our perch as LPs, we feel this stability and continuity is critical to how we run our company and invest our clients’ capital.
If you see Bruce in the normal course of business, please congratulate him on a job well done.
Chris Yang, Managing Partner