According to a report in Fortune magazine, David Gan, founder of Inception Capital, disappeared from contact with investors after traveling to China to assist his father, leading to a fund liquidation crisis. Inception Capital managed close to $100 million in assets, according to documents filed with the Securities and Exchange Commission (SEC). In late June, during a vote by investors to liquidate the fund, Gan reappeared and agreed to relinquish some key responsibilities at the company. Inception Capital is currently working with its limited partners to develop a transition strategy.