Winston Ma, CFA, Esq., is an investor, attorney, author, and adjunct professor in the global AI-digital economy. He is a partner of Dragon Global, an AI-focused family office (founding member: Dragon.AI), and he is also the executive director of the Global Public Investment Funds Forum and an Adjunct Professor (on Sovereign Investors) at New York University (NYU) School of Law. For the past 10 years, he was managing director and head of the North America Office for China Investment Corporation (CIC), China’s sovereign wealth fund. Prior to that, Ma served as the deputy head of equity capital markets at Barclays Capital, a vice president at J.P. Morgan investment banking, and a corporate lawyer at Davis Polk & Wardwell LLP. He is one of a small number of native Chinese who have worked as investment professionals and practicing capital markets attorneys in both the United States and China. Formerly a nationally certified software programmer, Ma is the author of more than 10 books on SWF funds, the digital economy, and global geopolitics, including The Hunt for Unicorns: How Sovereign Funds are Reshaping Investment in the Digital Economy and most recently Blockchain and Web3 (among the 2023 and 2024 “six must-read blockchain books” by TechTarget). He has been frequently interviewed by CNBC and Bloomberg TV and quoted by major financial media including The Wall Street Journal, Reuters, and the Financial Times. He was selected a 2013 Young Global Leader at the World Economic Forum (WEF), and in 2014 he received the NYU Distinguished Alumni Award.
What a US sovereign wealth fund means for markets: state-backed capital reshaping risks and opportunities across key industries.