Aquilius Strengthens Asian Presence with New Office
Aquilius has made a significant move to enhance its presence in the Asia Pacific region by opening a new office in Hong Kong. This strategic step amplifies the firm's growth trajectory and breadth of services across this dynamic market.
Welcoming New Leadership Talent
In conjunction with the new office, Aquilius has onboarded two highly experienced professionals, Martin Yung and Patrick Qian. Both formerly associated with HarbourVest, they will be at the forefront of Aquilius' private equity secondaries initiatives. Their vast experience and insights are set to elevate the firm's capabilities in delivering tailored secondary investment solutions.
Enhancing Private Equity Capabilities
The addition of Yung and Qian is expected to bolster Aquilius' established private equity expertise, pivotal in executing bespoke solutions across private markets within the Asia Pacific region. Their track record positions Aquilius to better serve institutional investors seeking innovative financial strategies.
Profiles of the New Team Members
Martin Yung arrives with an impressive 15-year background in secondary investments, having navigated over US$2 billion in transactions across Asia Pacific and neighboring territories. At HarbourVest Partners, he co-led its business for secondaries in the region, and now takes on the role of Managing Director and Head of Private Equity Secondaries at Aquilius.
Patrick Qian also carries valuable experience from his time at HarbourVest. His role as Principal at Aquilius marks a new chapter in his career, contributing to the firm's focus on enhancing its private equity practices.
Building on a Solid Foundation
Founded in 2021 by distinguished veterans from the private markets industry, Bastian Wolff and Christian Keiber, Aquilius has quickly emerged as a leading platform in the secondaries space within Asia Pacific. Its team of 30 skilled professionals is dedicated to providing comprehensive secondaries solutions.
Vision for the Future
Martin Yung reflects on his new role, stating, "I am honored to join Aquilius and spearhead the launch of its Hong Kong office. The firm’s established reputation in the secondaries market presents a formidable opportunity to enhance our services in this growing area."
The strategic appointments of Yung and Qian underscore Aquilius' commitment to expanding its presence within private equity secondaries. They align with the firm's ambition to strengthen its operational footprint in the Asia Pacific.
Recent Achievements and Fundraising Efforts
Aquilius has recently celebrated a notable accomplishment with the closing of its second real estate secondaries flagship fund, AIP Secondary Fund II L.P. and related entities, which successfully raised over US$1.1 billion. This remarkable milestone positions it as Asia Pacific's largest program of its kind.
About Aquilius
The founding team of Aquilius, consisting of Bastian Wolff and Christian Keiber, has collectively invested more than US$4 billion in the region, focusing on complex liquidity solutions for various investment needs. The firm aims to cultivate long-term partnerships with fund managers, enhancing liquidity through tailored offerings.
With US$2 billion in assets under management, Aquilius is well-poised to build partnerships based on trust and mutual success, paralleling its independent nature with strong institutional support.
Frequently Asked Questions
What is the significance of Aquilius opening a Hong Kong office?
The Hong Kong office is integral to Aquilius' expansion strategy, facilitating greater regional engagement and enhancing its market offerings in Asia Pacific.
Who are Martin Yung and Patrick Qian?
Martin Yung is the new Managing Director and Head of Private Equity Secondaries, while Patrick Qian joins as Principal, both bringing valuable experience from HarbourVest.
How does Aquilius plan to grow in the Asia Pacific region?
Aquilius aims to grow its private equity secondaries capabilities by leveraging its new hires and expanding its service offerings in response to market demands.
What recent achievements has Aquilius accomplished?
Aquilius recently closed its second real estate secondaries flagship fund, raising over US$1.1 billion, making it Asia Pacific's largest program of this type.
What is Aquilius' investment focus?
Aquilius concentrates on providing liquidity solutions in private equity, focusing on building long-term relationships with funds and their managers.
