Asia Partners
A growth equity firm headquartered in Singapore focusing on investments in technology and technology-enabled companies that are transforming Southeast Asia's economy.
About
Asia Partners was launched in Feb 2019 by five co-founders Nicholas Nash, Oliver Rippel, Pitra Harun, Kien Nguyen, and Vorapol Supanusonti. The team was trained at some of the world's best investment platforms: General Atlantic, Naspers, Temasek, and TPG, and, as important, learned how to grow and lead businesses as executives at Sea, eBay, or Bukalapak - all multi-billion dollar companies.
Asia Partners is focused on the intersection of three key themes:
-The long-term growth potential of Southeast Asia, a region with almost 10% of the world’s population.
-The rapid growth of innovative technology and technology-enabled businesses in the region, many of whom are platforms with pan-regional aspirations.
-The scarcity of growth equity capital for these companies, particularly in the $20 million to $100 million investment size range, often described as the ‘Series B/C Gap’ between early stage venture capital and the public capital markets.
Recent Media Appearances
Southern Right Capital is pleased to announce the final close of Asia Partners' second fund at US$474,000,000 in commitments.
Southern Right Capital is pleased to announce the final close of Asia Partners' inaugural fund at US$384,000,000 in commitments.
Asia Partners I, LP (the 'Fund') is the largest debut technology fund in history specifically focused on Southeast Asia, and one of the region’s largest debut funds across all industries.
This report is the ‘second chapter’ of Asia Partners’ study of Southeast Asia’s internet economy, which began with ‘chapter one’ in 2019. It takes stock of the eight predictions they made in 2019 and, in the spirit of holding themselves accountable, looks at what they got right and wrong, with the benefit of hindsight.
Carsome, Southeast Asia’s largest integrated car e-commerce platform, recently completed its Series D fundraising. The US$30 million round, one of the largest all-equity financings to-date in Southeast Asia’s online automotive industry, was led by Asia Partners.
The last few years have seen Southeast Asia become a major focal point for private investment dollars. With the region’s 600 million-strong population and fast-growing middle class, its consumer market is the latest battleground for businesses looking to grow. Investment dollars have poured into the region, seeking large unicorns and even larger returns.
Nick Nash of Asia Partners says his private equity firms looks for humble, quiet, underappreciated companies to invest in. He describes these as "rhinoceroses" instead of "unicorns," which is what start-ups valued at more than $1 billion are called.
It’s a “golden age” for aspiring unicorns in Southeast Asia, according to Nick Nash, co-founder of growth equity investment firm Asia Partners. At current levels of affluence, the region is in a sweet spot – the same zone that China and Japan were at when a majority of their tech companies went public.