According to Fortune, David Gan, founder of Inception Capital, lost contact with investors after going to China to assist his father in an investigation, triggering a fund liquidation storm. According to documents from the U.S. Securities and Exchange Commission (SEC), Inception Capital manages nearly $100 million in assets. At the end of June, during the period when investors voted to liquidate the fund, Gan reappeared and agreed to give up certain key responsibilities of the company. Inception Capital is currently working with limited partners to develop a transition strategy.