Affinity Equity Partners

Affinity Equity Partners is an independently owned private equity fund managers established in March 2004 following the spin-off of the UBS Capital Asia Pacific team, the successful private equity arm of UBS AG in the region.  Affinity raised its fifth fund of US$6.0 billion in December 2017.  Affinity currently advises and manages approximately US$14 billion of funds and assets, making it one of the largest independent financial sponsors in the region. Affinity operates out of 6 offices: Hong Kong, Singapore, Seoul, Sydney, Beijing and Jakarta.

Bain Capital

Bain Capital, LP is one of the world’s leading private multi-asset alternative investment firms with over $105 billion of assets under management that creates lasting impact for our investors, teams, businesses, and the communities in which we live. Since our founding in 1984, we’ve applied our insight and experience to organically expand into several asset classes including private equity, credit, public equity, venture capital and real estate. We leverage our shared platform to capture cross-asset class opportunities in strategic areas of focus. With offices on four continents, our global team aligns our interests with those of our investors for lasting impact.

Baring Private Equity Asia

Baring Private Equity Asia (BPEA) is one of the largest private alternative investment firms in Asia, with total committed capital of over USD 18 billion. The firm runs a private equity investment program, sponsoring buyouts and providing growth capital to companies for expansion or acquisitions with a particular focus on the Asia Pacific region, as well as investing into companies globally that can benefit from further expansion into the Asia Pacific region. BPEA also manages dedicated funds focused on private real estate and private credit. The firm has a 22 year history and over 180 employees located across offices in Hong Kong, China, India, Japan, Australia, and Singapore. BPEA currently has approximately 38 portfolio companies active across Asia with a total of over 190,000 employees and sales of approximately USD 36 billion.

BC Partners

BC Partners is a leading international investment firm with over €20 billion of assets under management in private equity, private credit and real estate. Established in 1986, BC Partners has played an active role in developing the European buy-out market for three decades. Today, BC Partners executives operate across markets as an integrated team through the firm’s offices in North America and Europe.

Since inception, BC Partners has completed 105 private equity investments in companies with a total enterprise value of €130 billion and is currently investing its tenth private equity fund.

The Carlyle Group

The Carlyle Group (NASDAQ: CG) is a global investment firm with deep industry expertise that deploys private capital across four business segments: Corporate Private Equity, Real Assets, Global Credit and Investment Solutions. With $221 billion of assets under management as of June 30, 2020, Carlyle’s purpose is to invest wisely and create value on behalf of its investors, portfolio companies and the communities in which we live and invest. The Carlyle Group employs more than 1,800 people in 31 offices across six continents.

Carlyle has been investing in Asia Pacific for over two decades and is one of the largest private equity investors in the region, with a focus on both buyout and growth opportunities. Across 9 offices, the firm has recruited experienced teams comprising approximately 90 investment professionals, who have deep local connections and relationships that give Carlyle a truly local perspective. Carlyle has invested over US$21.5 billion of equity in more than 240 investments across Asia Pacific, as of June 30, 2020.

Citic Capital

Founded in 2002, CITIC Capital Holdings Limited is an alternative investment management and advisory company. The firm manages over USD29 billion of capital across 100 funds and investment products through its multi-asset class platform covering private equity, real estate, structured investment & finance, and asset management. CITIC Capital has over 150 portfolio companies that span 11 sectors and employ over 820,000 people around the world.

CITIC Capital’s private equity arm, CITIC Capital Partners, focused on control buyout opportunities globally, has completed over 70 investments in the past years in China, Japan, Europe, and the U.S. etc.  It currently manages USD7.4 billion of committed capital.

Lexington Partners

Lexington Partners is one of the world’s largest and most successful independent managers of secondary private equity and co-investment funds. Since 1990, Lexington Partners has organized 20 secondary funds and 9 co-investment pools with total commitments of $52 billion. Our investors include more than 1,000 leading public and corporate pension funds, sovereign wealth funds, insurance companies, financial institutions, endowments, foundations, and family offices from more than 40 countries. Lexington has acquired over 3,300 secondary and co-investment interests through more than 850 transactions with a total value in excess of $56 billion, including $15 billion of syndications. Lexington also invests in private investment funds during their initial formation and has committed to more than 450 primary funds. Lexington Partners is a global firm with offices located in major centers for private equity and alternative investing – New York, Boston, Menlo Park, London, Hong Kong, Santiago and Luxembourg.  In addition, Lexington has senior advisors located in Asia, Australia, and the United States.

KPMG Hong Kong

KPMG China is based in 23 offices across 21 cities with around 12,000 partners and staff in Beijing, Changsha, Chengdu, Chongqing, Foshan, Fuzhou, Guangzhou, Haikou, Hangzhou, Nanjing, Qingdao, Shanghai, Shenyang, Shenzhen, Tianjin, Wuhan, Xiamen, Xi’an, Zhengzhou, Hong Kong SAR and Macau SAR. Working collaboratively across all these offices, KPMG China can deploy experienced professionals efficiently, wherever our client is located.

KPMG is a global network of professional services firms providing Audit, Tax and Advisory services. We operate in 153 countries and territories and have 207,000 people working in member firms around the world. The independent member firms of the KPMG network are affiliated with KPMG International Cooperative (“KPMG International”), a Swiss entity. Each KPMG firm is a legally distinct and separate entity and describes itself as such.

The KPMG Private Equity group brings together our leading transaction advisory, deal origination and M&A tax professionals who work on deals for private equity funds. They combine industry-specific skills with a deep understanding of the requirements of private equity funds as they search for the value-enhancing attributes of each deal. Our professionals work closely with the management of portfolio companies, embedding ‘best practices’ and helping build value prior to exit. Depending on the exit route, we also help prepare companies for IPOs, or manage the sales process.

Adamantem Capital

Adamantem Capital is an Australian Private Equity firm established in 2016. Adamantem invests in mid market companies with an enterprise value between A$100 - $300m based in Australia and New Zealand and typically invests in buyout and partnership opportunities alongside founders and management teams. Adamantem is an opportunistic investor and sector agnostic, but with extensive networks and experience in Australian and New Zealand healthcare, business services and consumer staples. Adamantem has an investment team of 18 professionals with extensive experience in private equity, management consulting, corporate strategy and a long track record of successful partnerships with management teams.

Alvarez & Marsal

Companies, investors and government entities around the world turn to Alvarez & Marsal (A&M) for leadership, action and results. Privately held since its founding in 1983, A&M is a leading global professional services firm that provides advisory, business performance improvement and turnaround management services. When conventional approaches are not enough to create transformation and drive change, clients seek our deep expertise and ability to deliver practical solutions to their unique problems. With over 4,500 people across four continents, we deliver tangible results for corporates, boards, private equity firms, law firms and government agencies facing complex challenges. Our senior leaders, and their teams, leverage A&M’s restructuring heritage to help companies act decisively, catapult growth and accelerate results. We are experienced operators, world-class consultants, former regulators and industry authorities with a shared commitment to telling clients what’s really needed for turning change into a strategic business asset, managing risk and unlocking value at every stage of growth.

China Renaissance Capital Investment (CRCI)

China Renaissance Capital Investment (CRCI) is an independent mid-market private equity investment manager focused on investment in companies in services, healthcare, energy, and advanced manufacturing. Founded in 2005, CRCI manages China Harvest Funds, providing growth capital and making buyout investments in its focused sectors.

It is an essential investment philosophy of CRCI to fund companies that are led by strong entrepreneurs where Partners of CRCI can add substantial value through their prior business operation, advisory and principal investing experiences in the Greater China market. CRCI currently has a team of 40 professionals with offices located in Hong Kong, Beijing, Shanghai and Chengdu.

Coller Capital

Coller Capital is one of the world’s leading investors in private equity’s secondary market. The firm acquires interests in private equity funds and portfolios of private companies from their original owners.

Founded in 1990, the firm is headquartered in London, and has offices in New York and Hong Kong. Coller’s multinational investment team – the world’s largest dedicated to secondaries – has a truly global reach.

In December 2015, the firm closed Coller International Partners VII, with capital commitments of $7.15 billion and backing from approximately 170 of the world’s leading institutional investors.

Hahn & Company

Founded in 2010, Hahn & Co. is a private equity investment firm focused on making corporate acquisitions and investments in Korea. Based in Seoul, Hahn & Co. primarily acquires controlling positions in companies with a focus on situations in which it believes value can be derived by bringing to bear the firm’s expertise and experience as owners and operators of businesses. Hahn & Co. manages the largest Korea country fund raised to date and has invested more capital than any private equity firm in Korea since the firm’s inception.

HQ Capital

HQ Capital is a leading independent manager of alternative assets, investing on behalf of institutions and families in global private equity and U.S. real estate since 1989. The firm’s 139 employees manage US$11.9 billion in total assets from 10 offices in North America, Europe and Asia.

Through HQ Capital Private Equity and HQ Capital Real Estate, we develop private equity and real estate investment solutions that meet specific client objectives. To deliver these solutions we leverage our investment experience, global network and the business relationships of our local teams. With our innovative and entrepreneurial culture, strong investment acumen, and commitment to social responsibility, HQ Capital is a trusted partner to our clients worldwide.

HQ Capital Private Equity provides a full range of investment programs through commingled funds and separate accounts. We invest in funds on a primary basis, acquire private assets on a secondary basis and co-invest directly alongside our relationship fund managers. Since inception, we have invested in 426 North American, European and Asian private equity funds established by 219 fund managers and have invested directly in 72 companies. HQ Capital currently manages US$6.4 billion in original private equity commitments.

Madison India

Madison India Capital is one of India’s leading private investment firms specializing in the consumer, business services, technology and financial services industries. Since we are specialists in our sectors of focus we are a value added investor with a deep set of industry and capital markets relationships. We strive to build long-term partnerships with other institutional co-investors as well as management teams of high growth middle market companies that strive to shape their respective industries in India. Our typical investment consideration is $10 to $35 million in companies. We are currently investing out of our most recent fund, Madison India Opportunities IV.

North Summit Capital

North Summit Capital is a tech-intrinsic investment firm, offering resourceful capital and domain-specific AI solutions for the digital transformation of the traditional industries. The mission of North Summit Capital is "to advance inclusive technology for social good". It is a solution + capital model to make AI as actionable, accessible, and affordable intelligence.

NSSK

NSSK is an investment business with a focus on Japan. The Founding Members have been core members of the Japan business of TPG and NSSK is an extension of the investment activities performed by the Founding Members and its Senior Advisors.

NSSK’s mission is to build a best-in-class investment firm to generate superior returns on our investments. We protect the interests and reputation of our business partners at all times. NSSK will provide expansion capital, critical business processes for operational improvement and management talent from its network of domestic and international operating executives.

We identify and recruit the very best person for every job, take great pride in the professional quality of our daily interaction, stress creativity in everything we do, emphasize teamwork as a culture and ensure that integrity is at the heart of everything we do.

Ocean Link

Ocean Link is a pioneering consumer PE fund with a focus on China’s travel and leisure sectors. Through a USD fund and an RMB Fund, Ocean Link currently has over US$700 million under management. With teams in Shanghai, Beijing and Hong Kong, Ocean Link invests across the value chain and sub-verticals of the travel and leisure sectors, including online & offline travel services, hotels and resorts management companies, destination services and entertainment, sector-related technology and business solutions providers. Ocean Link actively applies its deep sector insights and network to create value every step along investment life cycle.

Ocean Link’s strategic partners and shareholders include Ctrip - the largest online travel agency in China, and General Atlantic - a leading global growth equity firm. The funds’ LPs include Chinese and global corporates, financial institutions, and sovereign wealth funds.

Pagoda Capital

Pagoda Capital is a healthcare focused private equity firm founded in 2015 with offices in Beijing, Hong Kong and New York. Pagoda Capital offers an innovative global healthcare investment platform with significant China synergies, leveraging a seasoned and experienced team, operational expertise, and strategic partnerships to help global healthcare firms tap opportunities in the China healthcare sector. Pagoda Capital focuses on investing in global innovations and advanced healthcare solutions spanning key verticals including Biopharmaceuticals, Medical Devices, Tools & Diagnostics, Services, and Digital Technologies.

ShawKwei & Partners

ShawKwei & Partners is one of the oldest independent private equity fund managers in Asia with offices in Hong Kong, Singapore and Shanghai.

ShawKwei has been investing in middle-market industrial and service companies operating across Asia for over 25 years. Our deep knowledge and experience enable us to understand the unique challenges faced by Asia companies competing in today’s global markets.

We take significant ownership stakes in our investments coupled with a disciplined and hands-on management of those investments. Our investment philosophy includes teamwork to build better businesses and achieve long-term success.

The ShawKwei strategy, methods and practices are specially crafted for private equity investments in businesses operating in Asia. Together they form the partnership between ShawKwei and our portfolio companies.

The Longreach Group

The Longreach Group is an established independent private equity firm with offices in Hong Kong and Tokyo. The firm focuses on Japan and related Greater China control buyouts in the mature industrial and technology, consumer, business services and financial services sectors. The firm manages three Funds which have accumulated approximately US$2.1 billion of committed limited partner and co-investment capital and has a strong track record of portfolio company value creation and realizations.

Longreach currently has 14 investment professionals located in Tokyo and Hong Kong. The firm also enjoys the support of prominent and highly committed Advisors located in Tokyo, Taipei, Shanghai, New York, London and San Francisco.

Unison Capital

Unison Capital, originally founded in 1998 by three founding members, operates mid-cap buyout funds in Japan and Korea. In Japan, Unison Capital is widely recognized as a pioneer in the industry and has the longest track record in its space. In 2014, Unison Capital expanded in Korea to apply its well-tested mid-cap strategy and harness its deep Japan network for value-add.

Since its inception, Unison has launched four Japan-focused funds and invested in 41 companies with 26 exits. Today, Unison manages JPY 70 billion (~$640 million) for Japan Fund IV and KRW 500 billion (~$450 million) for Korea Fund II, respectively.

Unison’s Tokyo and Seoul office comprise of 34 investment professionals, having diverse professional backgrounds in finance, strategy consulting and operations. Furthermore, Unison’s broader network extends to in-house management advisers, financial institutions, consulting firms, and other experts in two countries and beyond to drive the robust growth of our portfolio companies.

Mourant

We are a leading offshore law firm with expertise in Cayman Islands, British Virgin Islands, Jersey and Guernsey law. Our clients include many of the world's leading financial institutions, corporations, public organisations, private equity houses and investment funds, as well as ultra-high-net-worth individuals and family offices. We routinely work in partnership with the most prestigious international legal and accountancy firms.

Our Hong Kong office provides multi-jurisdictional offshore legal advice to our clients based in the Asia-Pacific region.

Our highly-rated team consists of partners and senior lawyers with significant experience across the leading offshore jurisdictions. As a result, we’re able to match the most appropriate jurisdiction to a client's particular situation and needs.

Globis Capital Partners

Globis Capital Partners is one of Japan's leading independent venture capital firm that primarily invests in Japanese IT startups from early stage to pre-IPO stage.  Globis has managed six funds totaling over USD 1 billion, including Globis VI (JPY 40 billion) raised in 2019. All closed funds were ranked in the top quartile in global VC benchmarks in their respective vintage years*, and it has multiple unicorn and unicorn potential startups in its current portfolio.  About 80% of LPs are institutional investors both from and outside of Japan.

Globis takes a lead role in a financing round and provides hands-on management support to its portfolio companies.  Its key strengths are in the network of talents in the venture ecosystem that Globis Capital Partners has built, and the unequaled experience in guiding portfolio companies to Japanese public markets.

With its unique combination of western style investment expertise obtained through a joint venture with Apax Partners and Japan-local business expertise through Globis Group, which runs No.1 MBA program in Japan, Globis continues to lead the VC market in Japan.

*Source: Cambridge Associates, Globis analysis

Openspace Ventures

Openspace Ventures focuses on investments in technology companies based in Southeast Asia. It operates out of offices in Singapore, Jakarta and Bangkok with a team of 24 people across over 10 different nationalities. Since launching in 2014, Openspace Ventures is now managing over US$350mn of total committed capital across three funds focused on Series A/B opportunities. Openspace Fund I has been identified as a top 5% global performer by Cambridge Associates and Preqin compared to global benchmarks. It also operates OSV+ which is an Opportunity Fund addressing the mid-stage technology opportunity in Southeast Asia with a focus on follow-ons from existing portfolio and new situations relevant to Openspace technology operations and regional value-add. Openspace has invested in 32 companies across the region including Gojek, Halodoc, Biofourmis, FinAccel, Love, Bonito, Tanihub, Tradegecko, Kumu and Whispir.

Vickers Venture Partners

Vickers was founded in 2005 by Dr. Finian Tan and his 4 partners with offices in Singapore, Shanghai, Hong Kong, San Francisco, New York, London and a presence in San Diego. Our portfolio covers life sciences, technology, media, and telecommunications as well as consumer businesses and financial services. Vickers seeks to create long term value for our investors by investing in and building a stable of companies with large growth potential. With people on the ground trawling for deals, Vickers’ competitive advantage stems from its multi-nationality, its experience and knowledge of the markets, its network of government and industry leaders, and its track record in the region and beyond.

Track Record:

Vickers has invested in and led co-investments for a total of $999 million in 58 early stage companies across five funds. The total value as of Q2’19 is $2.98 billion, with a net multiple of 2.83x. Three out of five funds are currently in the top quartile when compared to Preqin’s database and Vickers Fund IV is currently the best performing vintage 2012 fund.

Proprietary Sourcing:

Highly differentiated network of prospective investments. Network built over 14 years from a combination of market recognition of high profile past successes, a growing prior investment pipeline and active out-reach by the firm’s principals. Vickers consistently reviews over 6,000 deals a year with, on average, ten investments coming to fruition.

Proven Investment Process:

The firm’s Investment Committee operates a proprietary risk allocation model and deal filtering process. This is an iterative process that is continuously reviewed and honed to maximize the best risk reward in portfolio. This process has led to 80% success rate for early stage investments; approximately 30% of successful transactions have generated at least a 5x MOIC or 25% IRR.

Cooley

Cooley LLP is an international law firm representing clients in a wide range of industries from our offices in Asia, Europe and the United States. With 1000+ lawyers, Cooley has the range and expertise to serve clients of all sizes to seize opportunities in today's global marketplace.

Our dedication to China's fund industry is unparalleled and unrivaled by any other law firm. Cooley has been advising on China-related matters over three decades, dating back to 1989, when the firm advised on the formation of the first institutional venture capital fund investing in China. Today, we are counsel to 500+ private investment fund organizations worldwide, including more than 80 fund managers with their primary operations in China and numerous other managers outside of the PRC making investments in portfolio companies in China. We form considerably more dollar-denominated China venture capital and growth equity funds in dollar terms than any other law firm worldwide. We have a team of 40+ specialist fund formation lawyers and dozens of other practitioners dedicated to serving our clients headquartered and doing business in China. Multiple members of our team are Mandarin-speaking, Chinese native fund formation specialists who assist our China funds clients and their investors in both USD and RMB fund formation matters. Cooley has offices in Beijing, Shanghai, Hong Kong and soon in Singapore, and works closely with Cooley’s United States and European offices to serve fund clients worldwide.

As a full service global law firm, we regularly assist our China fund clients and their portfolio companies with complex mergers, acquisitions and disposition transactions, a wide variety of private financing and capital markets transactions, public company disclosure issues, share distributions, local and cross-border intellectual property issues, licensing transactions, joint ventures, as well as supply and distribution arrangements, among other matters.

Adams Street Partners

Adams Street Partners is a global private markets investment manager with investments in more than thirty countries across five continents. Drawing on 45+ years of private markets experience, proprietary intelligence, and trusted relationships, Adams Street strives to generate actionable investment insights across market cycles. Adams Street is 100% employee-owned and has approximately $40 billion in assets under management. Adams Street has offices in Beijing, Boston, Chicago, London, Menlo Park, Munich, New York, Seoul, Singapore, and Tokyo.

HarbourVest Partners

HarbourVest is an independent, global private markets investment specialist with 36 years of experience and more than $64 billion in assets under management, as of June 30, 2019. The Firm’s powerful global platform offers clients investment opportunities through primary fund investments, secondary investments, and direct co-investments in commingled funds or separately managed accounts. HarbourVest has more than 500 employees, including more than 125 investment professionals across Asia, Europe, and the Americas. This global team has committed more than $37 billion to newly-formed funds, completed over $21 billion in secondary purchases, and invested over $11 billion directly in operating companies. Partnering with HarbourVest, clients have access to customized solutions, longstanding relationships, actionable insights, and proven results.

Alvarez & Marsal

Companies, investors and government entities around the world turn to Alvarez & Marsal (A&M) for leadership, action and results. Privately held since its founding in 1983, A&M is a leading global professional services firm that provides advisory, business performance improvement and turnaround management services. When conventional approaches are not enough to create transformation and drive change, clients seek our deep expertise and ability to deliver practical solutions to their unique problems. With over 4,500 people across four continents, we deliver tangible results for corporates, boards, private equity firms, law firms and government agencies facing complex challenges. Our senior leaders, and their teams, leverage A&M’s restructuring heritage to help companies act decisively, catapult growth and accelerate results. We are experienced operators, world-class consultants, former regulators and industry authorities with a shared commitment to telling clients what’s really needed for turning change into a strategic business asset, managing risk and unlocking value at every stage of growth.

Baker McKenzie

Baker McKenzie is a transactional powerhouse with over 2,500 deal lawyers and expertise in over 46 countries. We excel in cross-border deals - over 60% of our deals are multi-jurisdictional. We are global and local, combining money market sophistication with local excellence.

We lead on major transactions with expertise which spans banking and finance, capital markets, corporate finance, funds, M&A, private equity and projects.

We provide a full end to end service which incorporates all key specialisms including tax, merger control, employment, pensions, litigation, and intellectual property, and we continue to help clients integrate new businesses after they acquire them. Many of our specialists are best in class in their fields.

Our sector expertise has been developed over decades working with leading multinational corporations and investors in technology, healthcare and life sciences, consumer goods, retail, manufacturing, and in the energy and infrastructure sectors.

The combination of our deep sector local expertise, and our ability to work seamlessly across each of the countries and specialisations means we can add unique value in shaping, negotiating and closing the deal.

The results speak for themselves - we lead on and close 3 deals a day.

Affinity Equity Partners

Affinity Equity Partners is an independently owned private equity fund managers established in March 2004 following the spin-off of the UBS Capital Asia Pacific team, the successful private equity arm of UBS AG in the region.  Affinity raised its fifth fund of US$6.0 billion in December 2017.  Affinity currently advises and manages approximately US$14 billion of funds and assets, making it one of the largest independent financial sponsors in the region. Affinity operates out of 6 offices: Hong Kong, Singapore, Seoul, Sydney, Beijing and Jakarta.