Assets beyond private equity and venture capital have come on the impact investing radar for family offices in Hong Kong and Singapore.
Family Offices
Family offices in Singapore, Hong Kong and India are leading the charge in joining AVPN, which aims to bring together investors to facilitate impact initiatives.
Investing in emerging managers offers diversification and opportunities to drive change through seed capital, according to a single-family office.
Some investors are taking advantage of a rush for the exits by real estate funds and REITs.
Family office managing over $10 billion for Indian software tycoon increases AI investments; decarbonization focused fund passes $1 billion target; NPS will allocate 65% of its assets in risky assets under new long-term asset allocation rules; and more.
Wealth capital from the two cities are showing distinctive characteristics, survey shows.
A Singapore-based family office offers the low-down on impact investing and philanthropy, both of which have a relatively notorious reputation for doing good without offering attractive returns.
Family offices are planning to set up or expand operations in Hong Kong; Indonesia's INA scouts for partnerships to develop electric vehicle ecosystem; NPS to hire managers for private markets; and more.
Riding on the wealth growth in Asia, the alternative investment giant is looking to expand its designated private wealth solutions business to more Asian markets.
All three destinations are pulling out all the stops in terms of making the business environment easier, offering tax incentives and showcasing quality of life to family offices.
Hong Kong has joined a handful of jurisdictions around the world to offer spot virtual assets ETFs. Will it attract demand from institutional investors, especially family offices?
Asia’s challenging environment for private equity exits is set to fuel demand for the private equity secondaries markets.