Hong Kong:
Asante Capital Group (“Asante”), a number one unbiased non-public fairness placement and advisory group, at this time introduced a sequence of strategic progress initiatives that can improve the agency’s potential to attach Asia-based GPs with allocators throughout the globe and strengthen their potential to penetrate Asian swimming pools of capital.
Asante has GP shoppers all through the area, together with in China, India, Southeast Asia, Japan, and Australia. The agency has a demonstrated observe file of harnessing their understanding of the market and investor calls for to lift established funds throughout the area.
Among these initiatives and based mostly on his confirmed business experience, relationships and management throughout the agency, Asante introduced the promotion of Ricardo Felix, Head of Asia-Pacific, to Partner. Ricardo leads Asante’s already sizable Asian workplace, based mostly in Hong Kong. Throughout his eight years at Asante, Ricardo has developed important connections with traders all through Asia, the Middle East and Europe. Ricardo has deep expertise working in non-public markets at high monetary companies establishments, together with HSBC and J.P. Morgan, and since then has expanded on this via his expertise main non-public fairness fundraisings at Asante.
“At Asante, we are fully dedicated to supporting successful fundraising for our clients from launch to final close. That focus has allowed us to thrive and expand across Asia,” stated Ricardo. “This growth of talent and our expansive network of LPs in the Asia-Pacific market have enhanced our ability to grow our customer base and help our clients reach allocators around the world.”
Asante additionally just lately introduced the hiring of Steven Chan as a Director in the Hong Kong workplace. Steven beforehand labored as an Executive Director at Goldman Sachs’ Alternative Capital Markets Group and as a Vice President at MVision Private Equity Advisers, in each roles driving the execution of main fundraising, co-investment and secondary advisory mandates throughout the Asia-Pacific area. Steven provides to the present bench of expertise in the Hong Kong workplace whose data of the area, potential to work cross-culturally, and expertise with the alternate options market make them nice belongings to Asian GPs.
“Given the challenging fundraising market, Asante is strategically investing in our business to help our clients identify new sources of capital,” stated Warren Hibbert, Managing Partner at Asante. “In addition to strengthening our team, we are enhancing our global marketing and communications efforts, building our technological capabilities, and expanding our data analytics to drive further efficiencies and optimise outcomes.”
“Over the past 12 years, Asante has become a leader across North America and Europe,” stated Fraser van Rensburg, Managing Partner at Asante. “We are bringing the strength we have built in other markets to Asia-Pacific, strengthening our access and exposure to fundraising pools for our managers from the US and Europe, and bridging capital flows to our growing Asian GP base from other parts of the world. Our sizable Hong Kong team, led by Ricardo, provides us with a key connection to this essential market. We will continue to build upon our long-term success supporting GPs globally by investing further in this region.”
About Asante
Asante Capital Group is a number one unbiased non-public fairness placement and advisory group. Founded in 2010, the agency has workplaces in London, New York City, Hong Kong, and Munich. The workforce has suggested on over $80 billion of profitable non-public capital raisings throughout the globe, elevating capital from North American, European, Middle East and Asia-Pacific-based traders. With a workforce of 65, Asante specializes in GP advisory and fundraising assist throughout main, direct and secondary investments.
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