Affirma Capital

Affirma Capital is the newly formed, independent emerging market private equity firm owned and operated by the long-standing senior leadership of Standard Chartered Private Equity. We manage over US$3.5 billion in assets for leading global limited partners and sovereign wealth funds.

Affirma Capital helps build and nurture national and regional champions by investing in companies backed by strong management teams and founders. Throughout the management teams’ 17-year history of investing in emerging markets, we have deployed over US$6 billion in 100 companies across Asia, Africa and the Middle East and have returned over US$5 billion in cash proceeds to our investors at highly attractive rates of return. Our senior leadership spent over 10 years working together at Standard Chartered Private Equity prior to founding Affirma Capital.

Our investment philosophy, focused on selective origination, disciplined deal structuring and intensive portfolio management, has helped us build a superior track record with realized returns at a significant premium to the MSCI Emerging markets index.

CVC

CVC Capital Partners is one of the world’s leading private equity and investment advisory firms. Founded in 1981, CVC has completed over 300 investments in a wide range of industries and countries across the globe. Since establishment in 1999, CVC Asia has raised 4 dedicated Asia funds with total commitment of over US$10 billion. As of 30 September 2019, CVC Asia has completed over 60 investments in the region.

Recent Asian investments include:

• MAP Active: the #1 retailer and distributor for sport-related and children-related products in Indonesia with more than 900 stores nationwide
• Arteria: the largest independent enterprise broadband network operators in Japan with well invested nationwide fibre network
• Nirvana: the largest pan-Asian integrated bereavement services provider, with operations across Southeast Asia
• RKE: China’s #1 foreign toll road operator
• Good Choice: Korea’s #2 provider of online accommodation booking services
• UnitedLex: India’s tech-based technology based enterprise legal services provider

As of 30 September 2019, CVC Asia consists of 51 investment professionals across 9 offices in the region.

CCV

CCV was founded by former KPCB China Managing Partner, Wei Zhou, together with his TMT investment team of 10 years at the firm.

Leading the top-tier Silicon Valley VC China fund for 10 years, CCV brings a dynamic combination of investors with global perspective and local experience to TMT investment, focusing on early stage and growth stage investments, including innovation in technology, consumer internet and enterprise.

For over 10 years, our team have backed founders building iconic companies from the early stage. Nearly 30% of investments have become unicorns, including JD.com (NASDAQ:JD), CreditEase (NYSE:YRD), Rong360 (NYSE:JT), Himalaya FM, Tan Tan (acquired by NASDAQ:MOMO), VenusTech (SZ:002439), Manzuo.com (acquired by SuNing), Yixia.com, ULUCU (NEEQ:837110), Miaozhen Systems, Asia Innovation Group, Scinor Water (acquired by TRCE:300332), KJY Water (NEEQ:835159), and Arrail Dental.

Wanka Online (HKSE:1762) went public in December 2018, less than 18 months after CCV’s series B investment. Besides, many of CCV’s portfolio companies have seen significant business growth and closed multiple funding rounds, including JD Digits, Perfect, Ice Kredit, Zuzuche, Veer VR, Menya, Bizvane, Joyrun, Cowa Robot, Lomotif, Dingdong Class, Shukun Technology, and Yunhu Health. Several portfolio companies are also preparing for IPOs in the next 18 months.

CCV is widely recognized as a top emerging TMT venture capital firm by peers and the entrepreneur community. It was named among China’s Top 3 High Growth Venture Capital Firms by CV, 2019 China’s Top 10 Growth Venture Capital Firms and 2019 China’s Top 20 Fintech Venture Capital Firms by CVCRI, China’s Top 15 Early-stage Venture Capital Firms by FoF Weekly, China’s Top 30 Internet Venture Capital Firms by Zero2IPO. CCV has won nearly 70 awards within 2 years, and its partner was named among China’s Best Venture Capital Investors by Forbes and Fortune.

EV Growth

EV Growth is a venture capital firm that aims at Southeast Asia pioneering companies, especially Indonesia, to provide growth-stage capital injections, particularly in Series B and above.

The fund is sponsored by 3 key strategic firms that bring together different backgrounds, capabilities, and strengths:

• East Ventures is the leading early-stage venture capital firm in SE Asia.

• SMDV is the VC arm of the Sinar Mas group, a major corporation with deep resources and network in Indonesia and SE Asia.

• YJ Capital is CVC of Yahoo Japan, a leading publicly traded internet property in Japan.

EV Growth has been actively operating since 2018 and supported multiple prominent startups in the region including Sociolla, Moka, IDN Media, Warung Pintar, and ShopBack.

KPMG Singapore

KPMG in Singapore is part of a global network of professional services firms providing Audit, Tax and Advisory services. With 207,000 people in the network working together to deliver value in 153 countries and territories, we offer a globally-consistent standard of service based on professional capabilities, industry insight and local knowledge.

In the ASEAN region, KPMG member firms operate across all 10 countries. Our industry focus helps KPMG firms’ professionals develop a rich understanding of clients' businesses and the insight, skills and resources required to address industry-specific issues and opportunities.

Our dedicated Private Equity (PE) group in ASEAN comprises leading transaction advisory, deal origination, portfolio value creation and mergers and acquisitions (M&A) Tax professionals. We firmly believe in accompanying portfolio companies throughout their investment lifecycle. Our value creation professionals specialise in working closely with the management of companies to embed best practices, improve operating and financial performance and build value prior to exit. We also help organisations prepare for an IPO and manage the sales process to enhance value upon exit.

NewQuest Capital Partners

NewQuest Capital Partners is a leading secondaries private equity platform focused on the Asia-Pacific region. The firm specializes in providing alternative liquidity solutions to private equity asset owners on a direct and indirect basis. It acquires private equity positions directly through portfolio and single asset transactions and can also partner with incumbent managers to provide liquidity to limited partners. 

The firm was established in 2011 from the spin out of Bank of America Merrill Lynch’s Asian Private Equity team. NewQuest currently manages four funds with aggregate capital commitments of over US$2.48 billion.

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.

Square Peg

Square Peg supports outstanding early stage tech founders across Australia, Israel and South East Asia. They are an experienced team who have invested over A$600m and who have deep alignment with founders and investors. The geographies they operate in have attractive tech thematics with Australia now having a virtuous tech cycle that is building momentum, Israel ranking top three in the world for innovation and South East Asia combining favourable demographics with an inflection point in tech growth. Importantly for its investors, Square Peg has delivered a strong track record of performance including three IPOs and four acquisitions of portfolio companies.

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.