Overview
Asia Alternatives Management was founded in 2005 and has built one of the most established fund-of-funds platforms focused exclusively on Asian private equity markets. The firm manages approximately $10 billion from offices in Hong Kong, Beijing, Shanghai, Singapore, and San Francisco.
Asia Alternatives invests across the full range of Asian private equity strategies including buyout, growth equity, venture capital, and real estate through primary fund commitments, secondary transactions, and co-investments. The firm’s exclusive focus on Asia sets it apart from generalist fund-of-funds managers that may cover the region as part of a global mandate.
The firm’s team includes professionals with deep experience across Asian private equity markets, combining local language capabilities and cultural understanding with institutional-grade investment processes. Asia Alternatives serves as an access point for global institutional investors seeking exposure to Asian private equity through a specialist manager with on-the-ground presence and relationships.
How to Approach
GPs managing Asia-focused private equity or venture capital funds will find Asia Alternatives to be a knowledgeable and experienced LP. The firm understands the nuances of different Asian markets and can evaluate strategies with a level of local insight that generalist fund-of-funds managers may not offer.
Asia Alternatives is open to both established managers and emerging GPs with strong prior track records in Asian markets. The firm values local market knowledge, differentiated sourcing capabilities, and demonstrated ability to create value in Asian portfolio companies. GPs should engage with Asia Alternatives’ investment professionals who cover their specific market and strategy.
Frequently Asked Questions
What is Asia Alternatives' geographic focus?
Asia Alternatives focuses exclusively on Asian private equity and real estate markets, with coverage spanning Greater China, Japan, South Korea, India, Southeast Asia, and Australia. The firm's dedicated Asia focus provides deep local knowledge that generalist global fund-of-funds managers may lack, including understanding of local regulatory environments, GP ecosystems, and market dynamics.
What types of Asian PE funds does Asia Alternatives invest in?
Asia Alternatives invests across the full spectrum of Asian private equity strategies including buyout, growth equity, venture capital, and real estate. The firm backs both pan-Asian managers and country-specific GPs, and invests across fund sizes from emerging managers to large-cap firms. Asia Alternatives also pursues secondary transactions and co-investments in the region.
How does Asia Alternatives conduct due diligence on Asian GPs?
Asia Alternatives' on-the-ground presence across major Asian markets enables direct, in-person due diligence of GP teams, portfolio companies, and local market conditions. The firm's team includes professionals with deep networks in China, Japan, India, and Southeast Asia who conduct reference checks, regulatory assessments, and competitive analysis in local languages and contexts.
