All timeline stories.

2018

  • On September 10, 2018, Asia Alternatives Management LLC (“Asia Alternatives”) and Franklin Resources, Inc. [NYSE:BEN], a global investment management organization operating as Franklin Templeton Investments (“Franklin Templeton”) entered into a new joint venture. The firms are partnering to launch Franklin Templeton Private Equity, LLC (“FTPE”), a new entity being formed to provide investors with bespoke global private equity fund-of-funds solutions.

2017

  • In August 2017, Asia Alternatives reached agreement with its Founding Investors to buy back their shares in Asia Alternatives Management LLC. Asia Alternatives is 100% owned by the partners of the Firm.
  • On September 13, 2017, Asia Alternatives announced the final close of over US$1.8 billion in new commitments across Asia Alternatives Capital Partners V, LP and several fund vehicles (the “Funds”). The largest of the Funds is Asia Alternatives Capital Partners V, LP which, along with its parallel fund, Asia Alternatives Capital Partners V (ERISA), LP (together “AACP V”), closed on US$1.515 billion of committed capital, exceeding their combined target of US$1.3 billion.

2015

  • In April 2015, Asia Alternatives announced the final close of over US$1.8 billion in new commitments across Asia Alternatives Capital Partners IV, LP (“AACP IV”) and its related fund vehicles (“Fund IV”). The largest of the Funds is Asia Alternatives Capital Partners IV, LP, which, along with AACP IV Ex-Japan Investors, LP, closed on US$1 billion of committed capital, above their combined target of US$750 million.

2012

  • On August 8, Asia Alternatives announced the final close of over $1.5 billion in new commitments across several fund vehicles (the “Funds”). The largest of the Funds is Asia Alternatives Capital Partners III, LP (“AACP III”) at $908 million of committed capital.

2011

  • Asia Alternatives is the world’s first and only Limited Partner to receive a Qualified Foreign Limited Partner (“QFLP”) license under the Pilot Program of Foreign Invested Private Equity Investment Enterprises from the Shanghai government
  • Asia Alternatives opens their second office in Mainland China in Shanghai

2009

  • Asia Alternatives Beijing office receives WFOE license – 鲲行投资咨询(北京)有限公司

2008

  • Asia Alternatives raises $950 million for their second fund, Asia Alternatives Capital Partners II, LP

2007

  • Asia Alternatives raises the largest Asia-dedicated fund-of-funds and their inaugural fund, Asia Alternatives Capital Partners, LP, at $515 million

2006

  • Asia Alternatives opened offices in Hong Kong, Beijing and San Francisco
  • Asia Alternatives is the first Asia private equity fund-of-funds to open an office in Mainland China

2005

  • Asia Alternatives is Co-Founded by Melissa Ma, Laure Wang and Rebecca Xu