Private Capital Platform Carta Opens Hong Kong Office

Private capital platform has expanded with the opening of a new office in Hong Kong to form a dual-hub network in Asia.

Carta has launched an office in Hong Kong with a team of professionals across sales, marketing, customer experience, and fund administration, according to a statement. This will provide the infrastructure necessary for general partners (GP) and limited partners (LP) to operate seamlessly across Southern China’s 11-city cluster, Greater Bay Area (GBA).

Together with Singapore, where an office was opened in 2021, the firm has formed a dual-hub network in Asia.

«For years, we've watched the Hong Kong-Singapore corridor emerge as the primary route for private capital in Asia,» said Bhavik Vashi, managing director, Asia Pacific, Middle East, and Africa at Carta. «Opening Carta's Hong Kong hub allows us to meet fund managers where they are, providing the modern infrastructure they need to manage the next generation of Asian capital with confidence.»

Carta is an enterprise resource planning (ERP) system for private capital, connecting the entire ecosystem from GPs and LPs to CEOs, chief financial officers, employees, and advisors. It has 15 offices worldwide serving 50,000 companies in over 160 countries, representing more than $230 billion in assets under management.