LionRock became a significant minority shareholder of InterMilan in 2019 after acquiring a 31.05% stake in the club. Founded in 1908, InterMilan is an European football club and has won many domestic and international champion titles. As a board director of Inter Milan, Mr. Tseung has helped drive strategic changes and improvements in the club’s performance including the signing of Romelu Lukaku in the 2019/20 season. With the support of LionRock, InterMilan was able to expand its influence in Asia, especially in China by arranging various Asia tours, as well as partnership with Asia-based corporations. LionRock Capital successfully exited its investment in 2021.