Yee Hean Teo is a Principal Investment Specialist at the Asian Development Bank (ADB), where he leads the institution’s private equity fund investments within the Private Sector Operations Department. Since joining ADB in 2015, he has focused on building resilient private capital ecosystems by investing in funds and co-investments that combine commercial discipline with measurable development impact.
Mr. Teo has over 20 years of experience in global investing. He began his career at GIC, Singapore’s sovereign wealth fund, where he developed risk and allocation models and later advised on private market transactions across multiple sectors and regions. He also spent time at Temasek, assessing private equity opportunities.
His career spans the full investment lifecycle, including portfolio strategy, origination, evaluation, structuring, and active management of investments across multiple asset classes. At ADB, he has helped shape the institution’s approach to private capital, advised on governance and alignment between limited and general partners, and supported blended-finance solutions that attract private investors into under-penetrated markets.
His work consistently reflects ADB’s development mandate, with a strong emphasis on advancing gender equality, encouraging climate-aligned practices across diverse industries, and mobilizing private capital toward sectors that deliver both returns and sustainable growth.
A Singaporean national, Mr. Teo served in the Singapore Armed Forces for 2.5 years. He holds double degrees in Business Management and Economics, both awarded summa cum laude from the Singapore Management University, and has completed an executive program at Stanford University. He is fluent in English and Mandarin Chinese.
Mr. Teo has served on ADB’s Pension Committee and currently sits on advisory committees for several of ADB’s fund investments. He is also a member of the Singapore Venture Capital Association’s LP Committee.