Private investment funds in Hong Kong
16 funds filed a Form D between Nov 10, 2024 and Nov 10, 2026. Largest cities: Sheung Wan (5), Central (4), Happy Valley (2), Hong Kong (2), Quarry Bay (1).
16private investment funds
8emerging managers
4first sale since 2025
$8.9Mmedian raised
Private investment funds by city
Lists: Largest private investment funds in Hong Kong · New private investment funds in Hong Kong · Emerging private investment managers in Hong Kong
All 16 private investment funds in Hong Kong
Fund
First sale
Raised
Investors
Minimum
Offering
Tree Line Asia US Feeder Fund
Central, Hong KongOffshore
First saleJul 2006
Raised$507M
Investors43
MinimumNone set
Offering506(b)
Invesco Real Estate Asia Fund V, L.P.
Central, Hong Kong506(c)Offshore
First saleFeb 2024
Raised$500M
Investors9
MinimumNone set
Offering506(c)
Ion Pacific Stonecutter III (cayman) L.P.
Quarry Bay, Hong KongOffshore
First saleDec 2023
Raised$75.3M
Investors79
MinimumNone set
Offering506(b)
FountainCap Global China Opportunity (US) Fund
Wanchai, Hong KongOffshore
First saleAug 2018
Raised$43.9M
Investors6
Minimum$500K
Offering506(b)
Dendritic Investment Holdings Ltd
Central, Hong KongEmergingOffshore
First saleJun 2024
Raised$29.0M
Investors74
Minimum$15K
Offering506(b)
Argonautic Ventures Master SPC US Feeder Fund LLC
Happy Valley, Hong KongOffshore
First saleJul 2019
Raised$18.6M
Investors99
MinimumNone set
Offering506(b)
AFC Umbrella Fund -- AFC Asia Frontier Fund
Sheung Wan, Hong KongOffshore
First saleApr 2012
Raised$9.1M
Investors56
Minimum$50K
Offering506(b)
Ping An Global Equity Selection Fund IV, LP
Hong Kong, Hong KongEmergingOffshore
First saleAug 2026
Raised$8.9M
Investors1
MinimumNone set
Offering506(b)
AFC Umbrella Fund -- AFC Uzbekistan Fund
Sheung Wan, Hong KongOffshore
First saleMar 2019
Raised$6.4M
Investors42
Minimum$50K
Offering506(b)
Diadem Investment Holdings Ltd
Central, Hong KongEmergingOffshore
First saleApr 2024
Raised$2.4M
Investors20
Minimum$27K
Offering506(b)
IvyRock China Equity Master Fund
Sheung Wan, Hong KongEmergingOffshore
First saleMay 2026
Raised$1.9M
Investors1
Minimum$100K
Offering506(b)
Argonautic US Feeder Fund II LLC
Happy Valley, Hong KongEmergingOffshore
First saleOct 2024
Raised$1.4M
Investors10
MinimumNone set
Offering506(b)
Ion Pacific CyFi Fund I LP
Sheung Wan, Hong KongEmergingOffshore
First saleJun 2026
Raised$1.2M
Investors0
MinimumNone set
Offering506(b)
Gavekal New China Ucits Fund
Dublin 2, Hong KongEmergingOffshore
First saleJun 2026
Raised$1.0M
Investors1
MinimumNone set
Offering506(b)
AFC Umbrella Fund -- AFC Iraq Fund
Sheung Wan, Hong KongOffshore
First saleJun 2016
Raised$291K
Investors4
Minimum$50K
Offering506(b)
Apollo Asia Fund Ltd
Hong Kong, Hong KongEmergingOffshore
First saleJan 2023
Raised$0
Investors0
Minimum$100K
Offering506(b)