SYDNEY and HONG KONG, July 19, 2022 /PRNewswire/ — AltifHong 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 of the “Global Pre-IPO Fund, 2022 series” ( the bottom).
The Fund, which should be launched in September 2022, aims to generate a 20% annual net return by exploiting private market opportunities and focusing on giant unicorns heading to exchanges. As one of the Fund’s underlying investment managers, Altive will use its extensive network and deep private markets experience to source late-stage unicorns, pre-IPO placements and listed opportunities from China, South East Asiaand the United States via its Altive Unicorn Fund.
“We are honored to work 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 Liumanaging partner of Altive.
Regarding Altive’s outlook for private market investment prospects, Mr. Liu said: “We continue to see the strong growth potential of private companies in South East Asia and a strong history of recovery in China. We are keen to leverage our expertise and network to capture significant benefits for our investors by investing in unicorns and other high-growth private companies in our target areas.”
“As the public equity market continues to show signs of volatility, we believe the private market will take on even greater importance for the portfolios of affluent investors in the years to come,” Mr. Liu added.
Altive is a one-stop alternative investment platform backed by Pacific Century Group and Alibaba Entrepreneurs Fund. Powered by technology, we offer exclusive private market investments to professional investors worldwide. Altive sources, screens, manages and unlocks institutional quality alternative investment opportunities for Wholesale investors. Our investment options range from private equity, private credit to private REITs. Established and based in hong kong since 2019, Altive has expanded its business to Australia and Singapore and achieved an AUM of more than $500 million by 2022 Q1.
Altive Limited (“Altive”) holds an Australian Financial Services License (License No: 532545). Nothing contained herein should be construed as a solicitation of an offer to purchase or an offer, or a recommendation, to acquire or dispose of any security, commodity, investment or to engage in any other transaction. Nothing contained herein should be construed as investment advice or as a recommendation or statement on the suitability or suitability 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 a particular trading strategy.