CARTA EXPANDS ASIA NETWORK WITH NEW HONG KONG HUB

KUALA LUMPUR, March 26 (Bernama) -- Carta, the world’s first fully interconnected system for private capital, has announced the opening of its Hong Kong office.

The new office anchors a dual-hub network in Asia—alongside the existing Singapore regional headquarters—to modernise Hong Kong’s US$240 billion private markets ecosystem. (US$1=RM3.95)

“For years, we have watched the Hong Kong-Singapore corridor emerge as the primary route for private capital in Asia,” said Carta Managing Director, Asia Pacific, Middle East, and Africa, Bhavik Vashi in a statement.

Vashi added that the Hong Kong hub will meet fund managers where they are, providing the modern infrastructure needed to manage the next generation of Asian capital with confidence.

This expansion establishes a seamless operating corridor for fund managers across Asia’s most dynamic capital centres. While Singapore anchors activity across Asia Pacific, the Middle East, and Africa, the Hong Kong office is strategically positioned to provide infrastructure for general partners (GPs) and limited partners (LPs) operating across the Greater Bay Area (GBA).

The timing aligns with Hong Kong’s return as a capital hub. As the region’s second-largest private markets hub, Hong Kong’s return to the #1 spot for initial public offering (IPO) activity has generated a significant wave of liquidity, driving strong demand for modern infrastructure across the private capital ecosystem.

The Hong Kong office launches with a team of professionals specialising in sales, marketing, customer experience, and fund administration. The team will provide end-to-end investment lifecycle services, including fund formation, capital calls, and automated waterfall modelling, all tailored to the local market, with support available in Cantonese, Mandarin, and English.

This expansion formalises Carta’s long-standing involvement in the city’s institutional ecosystem. Having participated in major industry forums like the HKVCA’s Asia Private Equity Forum (APEF) and the Asia Venture Capital Journal (AVCJ) Private Equity Forum, Carta is transitioning from an ecosystem participant to a permanent local partner for firms in the GBA.

Hong Kong marks Carta’s 15th office worldwide, further cementing its commitment to serving the full spectrum of private capital participants—from emerging managers to established multi-billion dollar platforms—across its network, which also includes Singapore, Abu Dhabi, and Sydney.

-- BERNAMA