Hong Kong · Seed–Late Stage · 9 people tracked
Find your way into Asia Alternatives Management
641 people in our graph share verified history with the Asia Alternatives Management team — schools, employers, funds. One of them is your warm intro.
Investment thesis
Asia Alternatives operates a solution platform dedicated to helping institutional investors deploy capital into private equity and secondaries across Asia. Through a series of Asia-focused private equity funds-of-funds, the firm commits capital to top-performing private equity managers throughout the region, primarily in Greater China (Mainland China, Taiwan and Hong Kong), Japan, Korea, South East Asia, India and Australia. Its portfolio is diversified across buyout, growth and expansion, venture capital and special situations funds, pursuing a consistent risk-adjusted return strategy across successive fund vintages.
Source: firm website, verified Sep 15, 2026.
Team · 9 people
from the firm's website & public directories
Fund performance · per public LP disclosures · 15
as of Jun 2025| Fund | Vintage | Committed | Net IRR | TVPI | DPI |
|---|---|---|---|---|---|
| Asia Alternatives FL Investor IV, LPLPs: Florida State Board of Administration | 2024 | — | -12.2% | 0.90x | 0.00x |
| Asia Alternatives FL Investor III LPLPs: Florida State Board of Administration | 2020 | — | 8.1% | 1.20x | 0.14x |
| Asia Alternatives Capital Partners VLPs: Minnesota State Board of Investment, Pennsylvania Public School Employees' Retirement System | 2017 | — | 6.3% | 1.29x | 0.35x |
| Asia Alternatives FL Investor II LPLPs: Florida State Board of Administration | 2017 | — | 6.9% | 1.32x | 0.31x |
| Asia Alternatives FL Investor Il LPLPs: Florida State Board of Administration | 2017 | — | 11.7% | 1.33x | 0.09x |
| Asia Alternatives Capital Partners IV, LPLPs: Empire State Development – New York Ventures, Annie E. Casey Foundation | 2014 | — | — | 1.60x | 0.76x |
| Asia Alternatives FL Investor LPLPs: Florida State Board of Administration | 2014 | — | 8.4% | 1.57x | 0.90x |
| Asia Alternatives Capital Partners IIILPs: Empire State Development – New York Ventures, Pennsylvania Public School Employees' Retirement System | 2011 | — | — | 1.67x | 1.38x |
| Asia Alternatives Korea Buyout Investors (Hahn & Co)LPs: Pennsylvania Public School Employees' Retirement System | 2011 | — | 9.3% | 1.50x | 1.42x |
| AACP India Investors CLPs: California Public Employees' Retirement System | 2009 | — | -1.5% | 0.89x | 0.45x |
| AACP China Debt Investors, LPLPs: California Public Employees' Retirement System | 2008 | — | 8.3% | 1.27x | 1.27x |
| Asia Alternatives Capital Partners IILPs: Empire State Development – New York Ventures, California Public Employees' Retirement System, Pennsylvania Public School Employees' Retirement System | 2008 | — | 16.7% | 2.51x | 2.46x |
| AACP AP Investors, L.P.LPs: California Public Employees' Retirement System | 2007 | — | 2.0% | 1.13x | 1.13x |
| AACP India Investors BLPs: California Public Employees' Retirement System | 2007 | — | 12.8% | 4.00x | 3.89x |
| Asia Alternatives Capital PartnersLPs: California Public Employees' Retirement System, Pennsylvania Public School Employees' Retirement System, Surdna Foundation Inc | 2007 | — | 11.0% | 1.79x | 1.77x |
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 Asia Alternatives Management invest at?
- Asia Alternatives Management invests at the Seed, Series A, Series B, Series C, Growth, Late Stage stages.
- What sectors does Asia Alternatives Management focus on?
- Asia Alternatives Management focuses on Sector Agnostic.
- Where is Asia Alternatives Management located?
- Asia Alternatives Management is headquartered in Hong Kong, HK.
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