Carta, the world’s first fully interconnected system for private capital, today announced its Hong Kong office, anchoring a dual-hub network to modernize the city’s $240 billion private markets ecosystem. Together with Carta’s Singapore regional headquarters – opened in 2021 and recently expanded – the new office creates a seamless operating corridor for fund managers across Asia’s most dynamic capital centers.
While Singapore anchors activity across Asia Pacific, Middle East, and Africa, the Hong Kong office provides the infrastructure necessary for general partners (GPs) and limited partners (LPs) to operate seamlessly across the Greater Bay Area (GBA), with access to world-class infrastructure across the HK-SG axis while maintaining localized expertise across the markets.
“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.”
Why Now? Hong Kong’s Return as a Capital Hub
As the region’s second-largest private markets hub managing $240 billion in assets, Hong Kong’s return to the #1 spot for IPO activity has triggered a massive wave of liquidity, creating strong demand for modern infrastructure across the entire private capital ecosystem.
The Hong Kong office launches with a team of professionals across sales, marketing, customer experience, and fund administration. Together, they will provide end-to-end investment lifecycle services – from fund formation and capital calls to automated waterfall modeling – tailored to the nuances of the local market, with support available in Cantonese, Mandarin, and English.
The expansion formalizes years of active involvement in Hong Kong’s institutional ecosystem. 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 ecosystem stakeholders to discuss operational best practices and emerging trends in private markets infrastructure in the region. The new physical presence allows Carta to transition from an ecosystem participant to a permanent local partner for firms in the Greater Bay Area.
With offices spanning Singapore, Hong Kong, Abu Dhabi, and Sydney, Carta now serves the full spectrum of private capital participants across the regions – from emerging managers to established multi-billion dollar platforms. Hong Kong marks Carta’s fifteenth office worldwide.
