People

Management Team

Simon Murray CBE

Chairman

Simon Murray CBE

Simon is the Chairman and founder of GEMS. Having lived in Asia for over 40 years, Simon has extensive experience investing and operating in natural resources, infrastructure and power sectors. He has served in key directorships and advisory roles in companies around the world.

At present, Simon is the Chairman of Gulf Keystone Petroleum Ltd, an independent oil and gas exploration and production company with operations in the Kurdistan Region of Iraq. He is also a director of Essar Energy, IRC Limited and Greenheart Group. Essar is involved in oil and gas exploration and production, steel production, and power generation across the world; IRC Limited is an iron ore company with Russian assets listed on the Hong Kong Stock Exchange; and Greenheart Group is a leading forestry operators with strong links to China. Simon is also a member of International Advisory Council of Huawei Technologies Co. Ltd., a multinational networking and telecommunications equipment and services company in China.

Previously, Simon was the Chairman of Glencore plc, the world’s largest natural resources trading company. He was a member of the Advisory Board of CNOOC and General Electric. He was also a director of Vodafone Group Plc, Usinor Sacilor (now ArcelorMittal), the largest steel producer in Europe and MacMillan-Jardine a forestry operator in Indonesia.  He has worked extensively across the coal and power markets.

Prior to founding GEMS, Simon was the Group Managing Director of Hutchison Whampoa responsible for the development of the Group’s energy business through the acquisitions of Hong Kong Electric and Husky Oil.  He also helped transform the Group into the world’s leading port operator. He remains a director of Cheung Kong Holdings which controls transport, infrastructure and power businesses across China.

David Van Oppen

Senior Partner

David Van Oppen

David has been with GEMS since it was founded in 1998. He is responsible for general management, deal sourcing, investment execution and fund raising. He serves on the Investment Committee and sits on investee company boards. David has over 17 years of experience in direct investment throughout Asia and is especially active in forestry and services related opportunities.

Prior to joining GEMS, David was on the principal investment side of Lazard, where he managed the Hong Kong office and participated in private equity investments throughout Asia. He also worked at Smith Barney (now Citibank) on direct investments, initial public offerings and mergers and acquisitions. In addition, David has a background in shipping and logistics, having worked as Operations Manager for an international cargo transportation firm.

He holds a Bachelor of Arts degree in International Relations from Pomona College and a Master of Arts degree in International Economics from the Johns Hopkins University, where he was an Olmsted Fellow.

Nick Powell

Senior Partner

Nick Powell

Nick joined GEMS in 1998 and is primarily responsible for fundraising and deal sourcing. He serves on the Investment Committee and sits on a number investee company boards. Within GEMS, Nick manages relationships with the capital markets, having extensive prior experience in investment banking, much of it in Asia. He began his career with Jardine Matheson and subsequently spent time with the corporate finance division of Nomura International, involved primarily in their underwriting and IPO business. He then moved to Robert Fleming as an Asian Specialist in Institutional Sales and Corporate Broking.

Nick is focused on supporting GEMS established relationships as well as continuing to broaden our networks across Asia and throughout the world.

Tim Baldwin

Partner

Tim Baldwin

Tim has been with GEMS since 2008 and plays a key role in deal sourcing, execution, and management. He serves on the Investment Committee and is also active in fund raising. Tim’s strength lies in the oil and gas sector but he has worked extensively on mining opportunities, particularly related to the energy sector.

Prior to joining GEMS, Tim held various management, corporate, and operational roles for BP. He has experience in all areas of oil and gas having been involved in upstream, LNG, shipping, trading, and downstream businesses.  In addition, he has extensive Asian experience having worked in all countries around the region.

Tim holds a Bachelor of Business from Monash University and an MBA from INSEAD.

Patricia Toh

Director

Patricia Toh

Patricia has been with GEMS since 2008 having moved from Goldman Sachs where she gained experience across the resources sector. At GEMS, she is largely focused on sourcing, executing, and managing mining investments across the region.

At Goldman Sachs, she was part of the Global Commodities Principal Investment Group in London, involved in private equity investments  including mining (bulk, base and precious metals), energy (upstream and downstream),  and carbon-related investments. Prior to this, Patricia worked in the Global Investment Research division at Goldman Sachs in Hong Kong, covering Asian resource companies with a particular emphasis on China and Thailand.

Patricia holds a Bachelor of Commerce (Finance) and a Bachelor of Laws (LLB), both from the University of New South Wales.

Jannal Lee

Associate

Jannal Lee

Jannal joined GEMS in 2007 and is primarily responsible for analysis and investment committee preparation. He has also worked across all resource sectors. He has direct investment experience across most of the Asia Pacific region.

Jannal previously worked as a broker in a Hong Kong-based securities firm. He was responsible for sales and trading with institutional investors and involved in equity research.

He holds a Bachelor of Economics and Finance degree from The University of Hong Kong and is a CFA Charterholder.

Patrick Lam

Chief Administrative Officer

Patrick Lam

Patrick Lam has been with GEMS since 2001. He is responsible for general administration; company secretarial function; legal compliance; internal control and risk management.

Prior to joining GEMS, Patrick was a Senior Manager with Deloitte Touche Tohmatsu with responsibilities for company secretarial services.

He is a chartered secretary with more than 20 years of experience in corporate service, legal compliance and administration. He is also an Associate member of the Chartered Institute of Linguists. He holds an MBA from the University of Strathclyde and a Master degree in Laws from the University of London.