According to Qilu Evening News, Lougassi is a China FOF fund manager who went abroad in 1990s, and also a well-known angel investor. Since 2004, he has managed the well-known wall street fund MarketWizardFund, and since then, he has successively served as an executive of noah wealth, a top enterprise in China's wealth management industry, and lufax, an Internet finance unicorn enterprise with a market value of 300 billion.