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

Hong Kong family office growth continues as regulators and wealth managers intensify efforts to serve increasingly sophisticated investors shifting allocations toward private markets and global diversification. The city now counts more than 2,700 single-family offices as of September 2025, after meeting its 2022 goal to attract at least 200, and aims to bring in another 220 between 2026 and 2028. Raffles Family Office, led by group CEO Chi Man Kwan, is expanding into the Midd