Alt Investments

Singapore's Aquilius Closes Fund With Over $400 Million Commitments

Editorial Staff 20 April 2023

Singapore's Aquilius Closes Fund With Over $400 Million Commitments

The fund targets "secondaries" in Asia. This relates to buying and selling pre-existing stakes in private market investments – an important way of injecting more liquidity into the space.

Aquilius Investment Partners, a Singapore-based investment manager focused on secondaries in Asia-Pacific, has held the final closing of its maiden AIP Secondary Fund I, LP, at more than $400 million in client commitments. 

Alongside these commitments, the firm has raised an additional $200 million of managed accounts available for co-investments from its investors. AIP SF I's limited partners includes global institutional investors such as sovereign wealth funds, endowments, and family offices.

Within the private markets space, an area which has grown in recent years, is “secondaries” – buying and selling pre-existing stakes in private equity, credit, real estate, and infrastructure. Such markets encourage price discovery and the promise of greater liquidity makes investors feel more comfortable about entering the field in the first place. The secondaries market accounted for $108 billion in volume last year, according to Jeffries, the investment and advisory firm

Through AIP SF I, Aquilius is targeting investments in traditional and non-traditional secondaries transactions across the region.

Founded by Bastian Wolff and Christian Keiber, Aquilius is basd in Singapore.

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