Read more about our portfolio company Carta.
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Carta has opened its first office in Hong Kong, anchoring a dual-hub network across the city’s $240 billion private capital market. Together with Carta’s Singapore regional headquarters—opened in 2021 and recently expanded—the new office gives fund managers and investors the tools to operate in Asia’s most active private capital centers, including the Greater Bay Area (GBA).
“For years, we’ve watched the Hong Kong-Singapore corridor emerge as the primary route for private capital in Asia,” said Bhavik Vashi, Managing Director, Asia Pacific, Middle East, and Africa at Carta. “Opening Carta’s Hong Kong hub allows us to meet fund managers where they are, providing the modern infrastructure they need to manage the next generation of Asian capital with confidence.”
As the region’s second-largest private markets hub managing $240 billion in assets, Hong Kong’s return to the top of global IPO rankings has created strong demand for fund services across the private capital ecosystem.
Carta’s expansion to Hong Kong formalizes years of active involvement in the financial community. As a participant in major industry forums, including HKVCA’s Asia Private Equity Forum (APEF), and the Asia Venture Capital Journal (AVCJ) Private Equity Forum, Carta has regularly convened regional fund managers, LPs, and other stakeholders to discuss best practices and emerging trends in private markets across the region. This new physical presence allows Carta to serve both emerging and established firms in the Greater Bay Area, offering services tailored to local market requirements.
The Hong Kong office—Carta’s fifteenth location worldwide—opens with a team spanning sales, marketing, customer experience, and fund administration. These in-house experts will offer support in Cantonese, Mandarin, and English for the full investment lifecycle—from fund formation and capital calls to automated waterfall modeling.
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