Franklin Tsung

CEO

Mr. Tsung brings over 10 years of hands on executive management. Mr. Tsung operated and grew AppCrown LLC between 2010-2015, adding over 4,000 advisors processing over $150 billion of AUM per day.

Since 2006, Franklin has operated as an independent deal professional. His first transaction was with Redding Bank & Deutsche Bank during the financial crises, creating a whole loan arbitrage between FDIC institutions and wall street trading desks. He accomplished a substantial asset swap that ensured the survival of Redding Bank.

It was during this time that Franklin was attracted to deal making in its purist form; being an independent sponsor.

Purpose Meets Performance

Why create BlackCrown?

I realized technology businesses faced with private equity opportunity could find a modern approach to growing revenue while maintaining innovations required to grow market share (without sacrificing operational profits).

Who will Benefit?

Our technology businesses will be able to truly partner with established private equity firms and grow into category market leaders utilizing our proprietary Gemini management system.

How is this Different?

We aren’t under pressure to transact nor have to be concerned regarding fund raising. Our sole focus is on deal sourcing and developing the appropriate industry economic thesis and industry investment thesis to act upon. We are 100% dedicated to maximizing the growth of the technology businesses we invest into, and completely aligned with structuring healthy LP returns. Because of our independent status as an independent private acquisition company, we are not beholden to traditional private equity restrictions; as such we are not focused and will never fund-raise a fund structure.

Notable Industry Highlights on Historical Role as an Operator/Owner