Asia’s deal-making Ong brothers

Brothers in business: RRJ Capital bosses Richard Ong (left) and his brother Charles in front of their office in Hong Kong.

BLACK Monday, the Black Friday mini crash in 1989, the 1997 Asian financial crisis and the 2008 subprime crisis. Asia’s deal-making Ong brothers have come a long way to becoming household names in private equity.

Malaysian brothers Richard and Charles Ong had somewhat similar career paths, rising to senior positions in giant firms before taking the leap of faith to set up their own investment firm RRJ Capital, based in Hong Kong and Singapore.