China Fundamental Acquisition Corporation, which is in the process of changing its name to Wowjoint Holdings Limited, has named Anthony Hung as CFO of the company.
Prior to joining Wowjoint, Hung was a member of the investment banking team at Deutsche Bank AG Hong Kong for four years, where he managed transactions and client coverage in the infrastructure (ports and rail), energy (solar and renewables), real estate, technology (Internet) and consumer sectors. The transactions Hung worked on include: Taiwan High-Speed Rail's US$300 million CB offering; Dubai Ports & Swire's HK$3 billion divestiture of interests in Shekou Container Terminal; Renesola's US$212 million follow-on offering; Neo-China's HK$620 million equity placement; and Far East Consortium's HK$2.2 billion syndicated loan.
Previously, Hung was a private equity associate with Bastion Capital Corporation, LLC, in Los Angeles, CA, where he analyzed and helped manage existing and potential portfolio investments, including Spanish media company Telemundo. Prior to Bastion, Hung was co founder of Ave3D Inc., a Santa Clara, CA based 3D Internet software company where he developed, executed and helped finance the company's business model and strategic vision.
Before founding Ave3D, Mr. Hung served as a member of the Technology Investment Banking Group of Bear, Stearns & Co. Inc. in New York, NY, where he provided analysis on over $20 billion of mergers and acquisitions, and financings.
Hung received his Master of Business Administration degree at the University of California at Berkeley, and his Bachelor of Science degree from New York University, Stern School of Business.