William Fung

Managing Partner

Mr. Fung is a Managing Partner and co-Founder of Black Bear Asset Management. Mr. Fung is responsible for ensuring the firm’s adherence to its core investment philosophy, communicating with clients concerning products and strategies, and managing the firm. His real estate career spans a broad range of experience including acquisitions, dispositions, joint ventures, financing, development, and lending.

Mr. Fung began his real estate career after military service when he joined Heng Sang Realty Corp. (“HSR”), a New York-based real estate company that focuses on the acquisition, development, and management of prime real estate assets.  As a member of HSR’s team, Mr. Fung focused on the office, retail, and multi-family sectors.  At HSR, Mr. Fung’s primary responsibilities included evaluating new investments, leasing, construction, and asset management within the company’s portfolio. Mr. Fung is a consummate expert in New York City-based properties, specializing in the submarkets of SoHo, Nolita, Bowery/NoHo and Midtown.