Family-Office Backed Aquilius Investment Partners Enters Hong Kong for Asia Private Equity Secondaries Push

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 term.

Aquilius also operates a real estate secondaries platform investing more than USD500m annually.

The firm closed its debut fund in 2023 with USD400m and recently raised USD750m for its second real estate secondaries fund along with co‑investment capital.

Targeting mid‑market transactions of USD25m to USD150m, Aquilius now oversees about USD2bn in assets.