Gary Rieschel
Chairman, Asia SocietyGary Rieschel is the Founding Managing Partner of Qiming Venture Partners, a firm he launched in Shanghai in 2006. Qiming invests in technology and healthcare and is widely known as the leading healthcare investor in China. Qiming has raised over $11B USD across its family of funds. Qiming has had over fifty IPOs among it’s portfolio companies.
Prior to founding Qiming, Mr. Rieschel was a senior executive at Intel, Sequent Computer, Cisco Systems, and Softbank Corporation. Gary started his VC career forming Softbank’s U.S. venture group in 1995 (SBVC), and while at Softbank he invested in twelve companies which grew to over $1B USD in market capitalization. Gary served on Softbank’s board of directors and sponsored several of China’s early VC firms, including Softbank China Ventures (2000), SAIF Partners (2001), and Ceyuan Ventures (2004), before moving to China in 2005 when he launched Qiming with his partner, Duane Kuang.
Mr. Rieschel is well regarded as a mentor to entrepreneurs and other venture capitalists. He helped create the China Greentech Initiative and sponsored the Rocky Mountain Institute’s entry to China (Re-Inventing Fire – China). Gary is the Chair of the Asia Society Northern California/Seattle, Co-Chair with Stephen Hadley of the Atlantic Council’s China Hub, a board member of PERC (free market environmentalism), the Climate Leadership Council, and the U.S. Olympic Paralympic Foundation where he and his wife Yucca underwrite the Mental Health support initiatives for all U.S. Olympic/Paralympic athletes, in what has become a global initiative. He is the Founder of the Big Barn Dialogues, a leading annual conference on U.S – China topics.
Mr. Rieschel attended Reed College (BA Biology) where he is a Trustee, and Harvard Business School (MBA). He has lived for 5 years in Japan and 12 in China. Mr. Rieschel and Yucca live in Seattle, WA and Montana, and are avid skiers, golfers, fishermen, and scuba divers.