Paul Asel
Venture Partner
Paul is a Venture Partner and the co-founder of NGP Capital and is based in the U.S. Paul has a successful investment track record of over 25 years.
Paul has realized over 20 successful exits, including 5 IPOs and four exits exceeding $1 billion of which UCWeb and Ganji are two of the largest technology acquisitions in China. His investment in Ganji and subsequent sale for $3.6 billion received recognition as Deal of the Year in 2016. Other notable exits include KongZhong (KZ: NASDAQ), Gridsum (GSUM: NASDAQ), KPIT Technologies (KPITTECH.NS), DQ Entertainment (DQEN.BO), Morpho (IPO Japan), Madhouse (Blue Focus Group), Whistle (Mars Petcare), CityMaps (TripAdvisor), Intermedia (Madison Dearborn Partners) and Xnor (Apple). Current investments include Workfusion, Lime, Fetchr, Juvo, Next Trucking, Scoop, Zoomcar and Zum. Paul has completed acquisitions and IPOs valued cumulatively at over $25 billion.
Prior to NGP Capital, Paul led technology investments in Southeast Asia at the International Finance Corporation. Previously, he was a Partner at Telos Venture Partners, oversaw M&A and investments at Cadence Design Systems and worked at Merrill Lynch in investment banking. Paul is a current member of the Global Corporate Venturing Leadership Society and an advisor to Garage Capital in Canada.
He received an MBA from Stanford University and a BA from Dartmouth College. He has taught International Entrepreneurship at the George Mason School of Public Policy and at the China Europe International Business School in Shanghai and was a guest lecturer at the Stanford Graduate School of Business and the Wharton School at University of Pennsylvania.
Paul is a co-author to two books, including Upward Bound, which has been published in multiple languages.