Axiom Asia

Last updated
Axiom Asia
Industry Private equity
Founded2006
Headquarters
ProductsFund of funds
Equity co-investment fund
Total assets US$5.2 billion
Website www.axiomasia.com

Axiom AsiaPrivate Capital is a private equity investment firm, focusing exclusively on the Asia Pacific region. [1] The firm was established in 2006 and currently manages six separate funds, with a total commitment of $5.2 billion. [2] The founders previously worked at GIC Private Ltd. [3] The investment firm has offices in Singapore and Taipei. [4]

Contents

Axiom has held positions in numerous Asian companies such as Alibaba, JD.com and Vipshop. [2] The investor base for Axiom includes endowments, foundations, family offices, pensions and financial institutions. [5]

Investment strategy

Axiom invests specifically in mid-market companies mainly via country-specific funds. [6] Axiom seeks to invest in buyout, venture capital, and growth capital funds. [7] The firm also has a co-investment strategy that increases its funds' direct exposure in specific geographies and sectors. [6] Private equity secondaries are also an important investment focus for Axiom. Working with managers, Axiom regularly acquires fund positions and direct secondaries. [8]

History & notable transactions

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References

  1. Blinch, Jenny (June 26, 2009). "Axiom Asia Expands Team with ex-collar exec". Private Equity International.
  2. 1 2 Lee, Marissa (May 20, 2019). "Ex-GIC, Stanford guys find sweet spot in Asian private equity". Business Times .
  3. "PEs target Asean startups as they join VCs in funding landscape". Business Times (Singapore). July 5, 2019.
  4. "3 UOB-owned fund managers join UN-backed responsible investment network". Straits Times . January 5, 2020.
  5. Chanchani, Madhav A. (March 19, 2012). "Axiom Asia Capital Raises $1.15B For Third Fund Of Funds". VC Circle.
  6. 1 2 Tudor-Ackroyd, Alison (January 9, 2017). "Private equity follows the money: away from China". FinanceAsia.
  7. Choudhary, Anuradha (January 12, 2017). "Axiom Asia to invest up to 15% of new $1 billion fund in India". Mint .
  8. "Axiom ups secondaries allocation as it closes Fund IV". Secondaries Investor.
  9. 1 2 "Axiom Asia Announces Final Closing of Its First Asia-Focused Fund of Funds". El Economista . March 22, 2007.
  10. 1 2 Kreutzer, Laura (January 9, 2017). "Axiom Asia Closes Fourth Fund of Funds With $1 Billion". The Wall Street Journal .
  11. Alfred, Stephen. "Axiom closes third Asia fund at $1.15 bln".
  12. Mendoza, Carmela. "Axiom Asia smashes target with over $1 bn close". Private Equity International.
  13. Mendoza, Carmela (December 21, 2018). "Axiom Asia gathers $1.4 billion for fifth fund". Private Equity International.
  14. "Axiom Asia Reaches Final Close for Fifth Fund of Funds at US$1.4 Billion". Emerging Markets Private Equity Association.
  15. Whyte, Amy (July 29, 2019). "These Are the Best Performing Funds of Funds in Private Equity". Institutional Investor.
  16. "Top of the Table: ASEAN PE & VC". Preqin.