The 2006 Yale School of Management Private Equity Conference

Paul S. Wolansky is the Chairman and CEO of New China Management Corp., and New China Capital Management LLC, the Investment Managers of The Cathay Group of Funds. The Cathay Group has been investing in private equity in China since 1992, operating out of offices in Stamford, Connecticut, Beijing and Hong Kong. Total capital exceeds US$850 million.

Cathay has invested in a wide range of consumer, industrial and media projects including China’s largest producer and distributor of high-quality tissue paper products; China’s largest provider of financial software services to China’s banking industry; China’s largest consumer magazine group; a deep-water seaport; a provider of consumer finance, insurance and other services; an LCD screen-based advertising network on city buses; a leading producer of wireless repeater equipment; one of the largest residential property developers in Guangdong Province; China’s largest private wholesale book distributor; and a toll bridge in Zhejiang Province.

Cathay was the largest shareholder in the operator of 163.net, China’s largest E-mail service, and was a founding shareholder of Hong Kong Stock Exchange-listed China Resources Land, Ltd., one of China’s largest property developers.

Mr. Wolansky received a BA degree from Amherst College, and a JD degree from The Harvard Law School.