Why we exist
Southeast Asia’s succession gap.
Southeast Asia is home to thousands of exceptional industrial, service and manufacturing businesses. Many were built over decades by founders who poured their lives into them, but who now face a difficult question: What comes next?
When it’s time to step back, the traditional options such as Private Equity or Strategic Buyers may not be the right fit if their targets and timelines compromise the culture.
Enduring Ventures is the third way. We are permanent successors, not financial buyers. We acquire great businesses from founders and steward them responsibly for the long term. Entrusted with the legacy, we build for the future.
Having recently welcomed our first company, we are looking to partner with more enduring businesses in the years to come.
The founders
Lucien Ong
Co-Founder & CEO
Prior to founding Enduring Ventures, Lucien was Director of M&A and Corporate Development at Jebsen & Jessen Group, leading new business development and capital allocation across the region. Before that, he ran JJ-Lapp (a B2B cable distribution business) as General Manager in the Philippines, growing the business across multiple verticals and offices. He has also held senior commercial partnership roles for the U.S. Department of State and APEC CEO Summit.
Lucien holds an MBA from INSEAD and has studied at the Wharton School. He has lived and worked in Singapore, Australia, Brunei, Cambodia, Indonesia and the Philippines. He is Director of Yutaka, Enduring Ventures’ first acquisition.
Heinrich Jessen
Co-Founder & Chairman
Heinrich Jessen is Chairman of Jebsen & Jessen Group, a global diversified industrial group present in Southeast Asia for over sixty years. Heinrich brings decades of owner-operator perspective and a network that spans every major industrial sector across the region. He is also Co-Founder of Aglaia, a leading Asian-based multi-family office located in Singapore.
Heinrich co-founded Enduring Ventures in his personal capacity to help build a permanent, responsible home for the region’s founder-led industrial businesses.
Get in touch
If any of this resonates
Whether you are a founder, a family office, or an intermediary who knows one, we would love to hear from you.
Start a conversation