Gregory Van Bellinghen

Managing Partner @ Toppako Capital | Venture Capital | Africa | Board Member | Advisor

Rabat, Rabat-Salé-Kénitra, Morocco

About

With over 20 years of experience in private equity and venture capital, Gregory Van Bellinghen is a seasoned leader and investor specializing in helping SMEs grow and scale across emerging markets. As Managing Partner at Toppako Capital, he brings a strong track record of fund management, deal sourcing, investment execution, and value creation for portfolio companies. Gregory has led landmark transactions including the first closing of a Sino-Belgian fund with CIC and SFPI, and has invested in high-potential companies such as Bang & Olufsen, Sunpartner Technologies, and EpiGaN. Across these engagements, he has served as board member or observer, providing hands-on strategic guidance and governance oversight. Beyond returns, Gregory is driven by a commitment to backing SMEs that combine meaningful societal and environmental impact with innovative technologies and business models — making him a partner of choice for founders and stakeholders who believe growth and purpose go hand in hand.

Experience

  • Managing Partner at Toppako Capital
    Jan 2019 - Present · 7 yrs 7 mos

    Deploying Supply Chain financing solutions to support our clients' business growth in Emerging Markets. Previously managing a Sino-Belgian private equity fund invested in Industrial SMEs to help Eu companies grow in Asian markets.

  • Member of the Board of Directors as Observer at EpiGaN
    Sep 2016 - Aug 2018 · 2 yrs

    EpiGaN manufactures GaN-on-Si and GaN-on-SiC epitaxial wafer materials and supplies these to integrated device manufacturers to create high performance power and RF devices. www.epigan.com

  • Managing Director at China Belgium Mirror Fund
    Mar 2011 - Aug 2018 · 7 yrs 6 mos

    Leading the team on the first closing with CIC and SFPI as well as on the investments into Bang&Olufsen, Sunpartner Technologies and Epigan. Holding director or observer seats in the portfolio companies (Epigan, Sunpartner, Viadeo) . I'm the editor of the Dragon Index, a quarterly news brochure on Chinese outbound investments.

  • Economist (Regional Cooperation) in PRC Resident Mission at Asian Development Bank
    Jan 2010 - Mar 2011 · 1 yr 3 mos

    Mission: implementing and coordinating the ADB’s regional cooperation activities in relation to the PRC. I also coordinated the PRC-ADB Knowledge Sharing Platform, a multi-year platform fostering dialogue and development experience sharing between PRC and ADB developing member countries.

  • Business Manager at European Union Chamber of Commerce in China
    Sep 2007 - Dec 2009 · 2 yrs 4 mos

    I was responsible for developing a common lobby position and implementing a lobby action plan for the working groups related to the financial services, aerospace, aviation, automotive and auto component industry sectors. In this role, I launched the high level quarterly macro-economic seminars ‘Insight China’ and was the Chamber’s project leader for the first annual survey on the ‘Social and Economic Impact of Private Equity in China’ launched in partnership with Bain & Company.