Axiom Asia Private Capital Raises $1B For Fourth Asia-Pacific Fund of Funds

Jan 10 2017 | 1:06am ET

Axiom Asia Private Capital has raised more than $1 billion in capital commitments for its fourth fund, exceeding its target of $750 million.

The new fund, named Axiom Asia IV LP, will invest in a range of private investment vehicles including buyout, venture capital, growth capital and other private equity funds in the Asia Pacific region, the company said in a statement. 

“We seek to invest with fund managers who bring unique and advantaged capabilities to capitalize on opportunities in their local markets and continue to emphasize commitments to highly capable next generation fund managers who are raising first or second funds,” explained Chris Loh, Axiom managing partner.

Private equity in Asia is a promising asset class due to the economic dynamism of the region, Axiom continued. Asia continues to possess the largest concentration of rising middle class consumers, which provides a unique growth driver for companies. 

Based in Singapore and led by managing partners Edmond Ng, Chris Loh, Alex Lee and Marc Lau, Axiom Asia was founded in 2006 as an independent fund management firm focused on investing in the Asia Pacific region. The firm currently manages four private equity fund-of-funds with total commitments of more than $ 3.5 billion on behalf of global endowments, foundations, family offices, pensions and financial institutions.


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