The Cheng family Rosewood sale is being explored as Hong Kong tycoon Henry Cheng Kar-shun seeks potential buyers for selected assets within the family’s luxury Rosewood Hotel Group, Bloomberg reported. Representatives for the Chengs have approached prospective investors to gauge interest, though discussions remain preliminary and terms may shift. Rosewood is owned by the family’s private investment arm, Chow Tai Fook Enterprises, and is overseen by Cheng’s daughter, Sonia Che

Temasek-owned Seviora Group will fold in fellow Singapore subsidiary Pavilion Capital to form an integrated asset manager overseeing about USD72bn of assets. The combined platform will strengthen offerings across private equity, private credit, public markets and financing. Pavilion will retain its brand and pan-Asia strategy while marketing products under the Seviora umbrella. Seviora CEO Gabriel Lim said the integration will broaden capabilities and help attract third-party

AI infrastructure fundraise Koo family backing is accelerating global ultra-rich investment into backbone AI assets. Taiwan billionaire Andre Koo Sr is anchoring two newly launched AI infrastructure funds with at least USD100m as Chailease Holding partners with US investor Jasper Lau’s Era to raise USD1.5bn from wealthy individuals and institutions. The funds will target data centres, power capacity and GPU-driven infrastructure, including firms aligned with Nvidia. Koo contr

More than 100 global investors from Singapore, Hong Kong, Australia, Japan, Europe, and the UK will convene in Ho Chi Minh City on 3–4 December for the Vietnam 2.0 investor conference, a two-day event aimed at channelling long-term foreign capital into Vietnam. Organised by Dynam Capital, Vantage Point Asset Management, and Shinec Vietnam, the event—titled “Vietnam 2.0 – Unlocking the Next Growth Phase”—will spotlight opportunities in infrastructure, energy, environment, tech

Blue Pool Capital private equity fund ambitions are expanding as the Hong Kong-based family office of Alibaba co-founder Joseph Tsai launches fundraising for its first private equity vehicle open to external investors, with a target of USD750m. The Riverside fund will pursue majority or minority stakes in mid-sized businesses valued at USD100m to USD1bn across high-end retail, fintech, digital banking, payments, and AI-enabled software. The move marks a strategic shift for Bl

Adams Street Partners Hong Kong office plans are advancing as the USD65bn private markets manager opens a new location to strengthen coverage of institutional, family office, and wealth clients across Asia-Pacific. The office, which will commence operations upon licensing, aims to enhance local deal sourcing and client engagement amid rising regional demand for diversified access to global private markets alongside domestic opportunities. The firm said the Adams Street Partne

Family‑office backed Aquilius Investment Partners is expanding into Hong Kong as it steps up its Asia private equity secondaries strategy with the hire of former HarbourVest executive Martin Yung as managing director and head of private equity secondaries. The Singapore‑headquartered firm, founded in 2021, has already invested several hundred million dollars in GP‑led and LP‑led deals and expects to deploy well over USD500m a year in private equity secondaries over the medium

Family-owned enterprises are expected to outperform non-family firms over the next decade, despite mounting risks, according to Deloitte Private. Companies with at least USD100m in revenue now represent 22 percent of large enterprises and are projected to grow 22% in number between 2020 and 2030, with turnover rising 84% versus 59% for other businesses. Singapore family businesses are especially optimistic: 54% expect revenue growth above 10% in 2025, more than double last ye

Family offices and institutional backers have participated in Kaya Founders’ USD25m final close, marking the Philippines venture firm’s first fund to include outside limited partners. The fund drew investors such as Singapore’s Pavilion Capital, Gabriel and Geraldine Sunshine of Bracebridge Capital, Concentric Equity Partners of Chicago, and other family offices and tech operators. Anchor investor AMTI backed the structure, which comprises two vehicles: USD5m “Zero to One” fo

GIC private equity secondaries 2025 plans involve Singapore’s GIC selling a portfolio of private-equity fund stakes valued at more than USD1bn, Bloomberg reported. The portfolio spans about 30 funds from Blackstone, Apollo Global Management, and TDR Capital, each averaging around USD100m, with vintages dating back to 2016. The sale, aimed at portfolio rebalancing, comes amid rising global secondary-market activity, which Jefferies said reached USD103bn in the first half of th

Asian family offices are increasingly allocating to semi-liquid alternatives such as private credit and secondaries to enhance returns and manage risk, according to Singapore-based multi-family office First Capital Global Management (FCGM). Lili Wang, the firm’s head of alternative investments, said FCGM is evaluating two private credit funds in Asia and the US and prioritises flexible, cash-generating structures with high single-digit yields. Alternatives now make up around

Family offices leverage strategies are expanding as ultra-wealthy investors adopt more sophisticated financing to capture opportunities and manage risk, according to a Deutsche Bank report. Over half of the 209 family offices surveyed by Germany’s largest lender view leverage as a key part of their investment approach, with real estate cited as the most common reason for increased borrowing in the past year. The report said family offices are better prepared than in previous

Fasset Islamic crypto bank has received regulatory approval from Malaysia’s Labuan FSA, becoming the world’s first Shariah-compliant digital bank powered by stablecoins. The UAE-based fintech will expand from digital asset services to full-scale on-chain banking through its superapp, offering zero-interest accounts and access to US stocks, gold, and cryptocurrencies. With over 500,000 users across 125 countries, the platform currently handles USD6bn in annualised volume and a

European pension funds and other long-term investors are reassessing China private equity opportunities as optimism returns to...

Hong Kong tycoon Adrian Cheng Chi-kong has launched ALMAD Group, a new firm focused on digital assets and emerging economies, a year...

Saison Capital USD50m blockchain fund has been launched under the name Onigiri Capital, targeting startups that focus on real-world asset...

Standard Chartered has launched the First Alternatives Fund in Taiwan’s Kaohsiung Asia Management Zone in partnership with First...

South Korea’s largest real estate asset manager, Igis Asset Management, has entered its final sale stage with Hanwha Life Insurance and...

The Tsao Family Office of Singapore, founded by the family behind maritime group Tsao Pao Chee, has expanded its African footprint with a...

Iris Capital Partners in Malaysia is targeting USD200m from institutional investors for a new private credit and private equity fund,...