Cherng Family Trust

Cherng Family Trust
Company typePrivate trust
IndustryInvestment trust
Founded2001 (2001)
FoundersAndrew Cherng and Peggy Cherng
Headquarters
Rosemead, California
,
United States
Websitewww.cherngfamilytrust.com

The Cherng Family Trust is an investment trust founded by Andrew Cherng and Peggy Cherng, the co-founders of Panda Restaurant Group, parent company of Panda Express. Founded in 2001, the trust owns Panda Restaurant Group, and has other ownership stakes in a variety of businesses, including an announced ownership stake in the Portland Trail Blazers. The family trust is headquartered in Rosemead, California, and has $3.1 billion in assets.