Affinity Equity Partners
Private equitySingapore · Growth–Late Stage
Also known as Affinity Capital Advisors Llc · Affinity Equity Partners (S) Pte. Ltd.
Investment thesis
Affinity Equity Partners pursues a consistent buyout-focused strategy centered on sectors transforming the Asian region. Leveraging a long-established regional presence, deep local market knowledge, and strong relationships, the firm targets a broad set of enterprises across multiple industries. Its differentiation lies in a partnership approach and active ownership model, working closely with business founders, entrepreneurs, and portfolio company management teams to drive sustainable transformation and create long-term value.
Source: firm website, verified Aug 25, 2026.
Fund performance · per public LP disclosures · 5
as of Jun 2025| Fund | Vintage | Committed | Net IRR | TVPI | DPI |
|---|---|---|---|---|---|
| Affinity Asia Pacific Fund V (NO.2) L.P.LPs: California State Teachers' Retirement System | 2018 | — | 6.7% | 1.19x | 0.29x |
| Affinity Asia Pacific Fund IV, L.P.LPs: Washington State Investment Board, Empire State Development – New York Ventures, Michigan Municipal Employees' Retirement System +1 more | 2013 | — | 14.5% | 1.66x | 1.26x |
| Affinity Ventures V, L.P.LPs: Minnesota State Board of Investment | 2008 | — | -12.3% | 0.47x | 0.41x |
| Affinity Asia Pacific Fund III, L.P.LPs: California Public Employees' Retirement System, California State Teachers' Retirement System, Oregon Public Employees Retirement System +3 more | 2007 | — | 8.7% | 1.39x | 1.39x |
| Affinity Ventures IV, L.P.LPs: Minnesota State Board of Investment | 2004 | — | -34.9% | 0.39x | 0.39x |
Source: public limited-partner disclosures (CalPERS, CalSTRS). Net IRR / TVPI / DPI as reported by the limited partner; a fund's early-year IRR is an interim estimate (J-curve).
Frequently asked questions
- What stage does Affinity Equity Partners invest at?
- Affinity Equity Partners invests at the Growth, Late Stage stages.
- What is Affinity Equity Partners's typical check size?
- Affinity Equity Partners typically writes checks of $250M – $1B.
- What sectors does Affinity Equity Partners focus on?
- Affinity Equity Partners focuses on Consumer, Enterprise Software, Fintech, FoodTech, Healthtech, Media & Entertainment, SaaS, Sector Agnostic.
- Where is Affinity Equity Partners located?
- Affinity Equity Partners is headquartered in Singapore, SG.
- Does Affinity Equity Partners lead rounds?
- Yes, Affinity Equity Partners leads investment rounds.
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