Private company

Cherng Family Trust

Investment trust founded by the co-founders of Panda Restaurant Group,

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.2 Wikipedia text CC BY-SA 4.0

Last updated Oct 21, 2026.

Overview

Pandarestaurantgroupheadquarters
Photo: Coolcaesar, CC BY-SA 4.0, via Wikimedia Commons3

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.2

Sources

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