From left to proper within the image above: Mingpo Cai, Founder and Chairman of Cathay Capital and Cathay Innovation Fund, Emmanuel Ullmo, Director of the Institut des Hautes Études Scientifiques (IHES), and Denis Barrier, Managing Partner of Cathay Capital and Co-founder of Cathay Innovation Fund.
On July 21, 2026, the Institut des Hautes Études Scientifiques (referred to as “IHES”) introduced that Cathay Capital has formally joined its neighborhood of supporters, committing to repeatedly help IHES in finishing up analysis and exchanges in primary science fields resembling arithmetic and theoretical physics over the subsequent decade.
This ten-year-long dedication not solely offers sustained and secure help for IHES, but in addition displays Cathay Capital’s profound understanding of the worth of primary science, educational freedom, and long-term exploration.
The related help will probably be primarily used to fund educational visits by students who conduct collaborative analysis with Hong Wang, a everlasting professor of arithmetic at IHES, to the institute, creating extra secure circumstances for cutting-edge mathematical analysis, worldwide educational exchanges, and long-term cooperation.
Founded in 1958, IHES is without doubt one of the most influential unbiased analysis establishments within the area of worldwide primary science analysis. The institute has lengthy been rooted in educational freedom, offering excellent scientists from everywhere in the world with a extremely targeted analysis setting free from the affect of short-term objectives, permitting them to repeatedly discover probably the most elementary and most difficult scientific issues.
For IHES, long-term and secure social help is a vital basis for safeguarding this uncommon analysis setting. Especially in opposition to the backdrop of the lengthy cycle of primary science analysis and the problem of pre-measuring outcomes, a dedication spanning ten years has significantly vital significance. It will not be solely in regards to the funds themselves, but in addition represents that supporters are keen to give researchers full belief, time, and freedom.
As an funding establishment that connects China, Europe, and the worldwide innovation ecosystem, Cathay Capital has lengthy targeted on technological and ideological forces that may drive profound social progress. This help for IHES additionally embodies Cathay Capital’s constant long-termism: respecting the legislation of information accumulation, and supporting explorations that haven’t but proven quick returns however could reshape the boundaries of science and know-how sooner or later.
Mingpo Cai, Founder and Chairman of Cathay Capital, mentioned: “Cathay has always believed that the real progress of the world comes from those who are willing to do difficult, slow, and long-term things. Basic science research may not generate immediate commercial returns, but it determines humanity’s ability to understand and change the world. Mathematics is the best representative of this. It is quiet and abstract, yet forms the underlying language for the development of many sciences and technologies. Supporting IHES is the most simple practice of long-termism for the Cathay Foundation.”
This cooperation is a vital a part of IHES’ efforts to collect international long-term help forces. By becoming a member of palms with enterprises, foundations, and people who acknowledge the worth of primary analysis, IHES can proceed to safeguard a free, open, and targeted scientific analysis setting, supporting researchers from completely different nations and generations to meet, change, and collectively increase the boundaries of human data.
IHES extends its honest gratitude to Cathay Capital and the Cathay Foundation, and is honored to welcome Cathay as an vital member of the institute’s long-term supporter neighborhood.