Business Daily Media

Men's Weekly

.

Altive appointed by Morgan Stanley as an underlying investment manager for the fund "Global Pre-IPO Fund, 2022 series"

  • Written by PR Newswire

SYDNEY and HONG KONG, July 19, 2022 /PRNewswire/ -- Altive[1], Hong Kong's leading alternative investment platform backed by PCG Group and Alibaba Entrepreneurs Fund, has been officially appointed by Morgan Stanley as one of the underlying investment managers for the "Global Pre-IPO Fund, 2022 series" (The Fund).

The Fund, which is expected to launch in September 2022, aims to generate a 20% annual net return by tapping into private market opportunities and focusing on giant unicorns heading for stock exchanges. As one of the underlying investment managers of The Fund, Altive will utilize its extensive network and in-depth experience in private markets to source late-stage unicorn, pre-IPO placements and listed opportunities from China, South-East Asia, and the US via its Altive Unicorn Fund.

"We are honoured to be working alongside three renowned fund managers including Regal Funds Management, Lazard Asset Management, and Perennial Partners for Morgan Stanley's 'Global Pre-IPO Fund, 2022 series'", said Hardy Liu, Managing Partner of Altive.

Regarding Altive's outlook for the prospects of private market investments, Mr. Liu stated, "We continue to see the strong growth potential of private companies in South-East Asia and a robust recovery story in China. We are keen to leverage our expertise and network to capture significant upside for our investors by investing into unicorns and other high-growth private companies from our target areas".

"With the public equity market continuing to show signs of volatility, we believe the private market will be of even greater significance to the portfolios of high-net-worth investors in the coming years", added Mr. Liu.

About Altive[2][3]

Altive is a one-stop alternative investment platform backed by Pacific Century Group and Alibaba Entrepreneurs Fund. Empowered by technology, we offer exclusive private market investments to Professional Investors globally. Altive sources, screens, manages and unlocks institutional quality alternative investment opportunities for Wholesale Investors[4]. Our investment options range from private equity, private credit to private REITs. Established and based in Hong Kong since 2019, Altive has expanded the business to Australia and Singapore and achieved an AUM of over USD 500 million by 2022 Q1.

Disclaimer

Altive Limited ("Altive") is licensed with Australian Financial Services License (Licence No: 532545). Nothing contained herein shall be construed as a solicitation of an offer to buy or offer, or recommendation, to acquire or dispose of any security, commodity, investment or to engage in any other transaction. No information contained herein shall be construed as investment advice or as a recommendation or a representation about the suitability or appropriateness of any advisory product or service; or an offer to buy or sell, or the solicitation of an offer to buy or sell, any security, financial product, or instrument; or to participate in any particular trading strategy.

 

 

References

  1. ^ Altive (www.altive.com)
  2. ^ About (www.altive.com)
  3. ^ Altive (www.altive.com)
  4. ^ Wholesale Investors (www.altive.com)

Read more https://www.prnasia.com/story/archive/3819516_AE19516_0

AWS research shows strong AI adoption momentum in Australia, with startups outpacing large enterprises in innovation

Amazon Web Services (AWS), an Amazon.com company, released new research revealing that while artificial intelligence (AI) adoption continues to acce...

Changing the World One Bite At a Time: IKU Turns 40

One of Australia’s first plant-based, chef-led eateries and now ready meal provider IKU is celebrating its 40 year anniversary with the business e...

Three generations marking 45 years in hot-air balloons

Australia’s leading hot-air balloon company is celebrating 45 years in the sky and its 700,000th passenger, driven by the passion of father-son du...

Workplace DMs, Reinvented: Deputy Messaging, Purpose-Built For Shift-Based Teams

Deputy, the global people platform for shift-based businesses, has launched Deputy Messaging, a fully integrated, real-time communication tool designe...

Revolutionizing Fulfillment: How Virtual Warehousing is Changing the Game?

The e-commerce landscape is evolving more rapidly than ever, and the way businesses are managing their fulfillment is also revolutionizing. At the...

SME lender Dynamoney welcomes new CEO, Brett Thomas

Strengthens growth ambitions and signals expanded offering Dynamoney, a leading commercial finance provider for Australian SMEs,  has today appoint...

Sell by LayBy