Fund focus: Ion Pacific goes institutional
Pitching a niche VC capital secondaries strategy with a meaningful focus on Asia isn’t easy, but Ion Pacific raised nearly 4x more than last time with large family offices well-represented in the LP base Four in every five investments made by Ion Pacific under its VC secondaries strategy are structured transactions. Preferred equity is a […]
HK’s Ion Pacific closes second structured secondaries fund at $133.6m
Hong Kong-based Ion Pacific has closed its second structured secondaries fund at $133.6 million, said the firm in an interview with DealStreetAsia. The firm had announced the $40 million first close of the fund — Ion Pacific Stonecutter II — in February last year. Michael Joseph, co-CEO and managing partner at Ion Pacific, said most […]
JD Logistics debut shows ‘consumer is back’ in China, Ion Pacific says
Itamar Har-Even, co-founder and current co-CEO of Ion Pacific, says companies like JD Logistics are aiding other “online-oriented businesses” in developing a whole new ecosystem, and are unlikely to be at risk under China’s big tech regulations. Watch the full interview here
Ion Pacific Completes $8.7 Million Secondary Investment in Singlife
• Deal gives Ion Pacific additional exposure to Singlife, Southeast Asia’s leading mobile savings and protection company• Investment is completed right after Singlife’s S$3.2 billion merger with Aviva Singapore, the largest insurance deal in Singapore to date HONG KONG – Ion Pacific, the investment manager focused on providing creative capital solutions to the innovation ecosystem, […]
Itamar Har-Even on CNBC: China’s Health Tech Firms Have Remarkable Tailwinds
Health care tech has ‘amazing tailwinds’ particularly in China, says investor Massive government support and cascading crises in 2020 like the coronavirus pandemic have created a leapfrogging opportunity into the health care tech sector, says Itamar Har-Even of Ion Pacific. Watch the full interview here
Michael Joseph was quoted on Financial Time – “Asia-Pacific start-ups brace for coronavirus bruising”
In 2013, Simon Loong launched Hong Kong fintech WeLab using a small loan — just four years later the business was profitable. As one of the leaders of the second FT Asia-Pacific High Growth Companies ranking, WeLab’s story is testament to the favourable business conditions that start-ups in Asia can enjoy. WeLab, an online platform […]
The Global Private Equity Web Meeting (April 27th, 28th, & 29th, 2020)
Ion Pacific Co-CEO Michael Joseph will be speaking at The Global Private Equity Web Meeting being held online April 27-29, 2020. Listen in as Michael and other leading private capital managers, family offices and institutional investors get together for a virtual conference to discuss the latest in venture capital and private equity. Join us here
Itamar Har-Even on CNBC: Econ Downturn Will Hit Ride-Sharing Firms
Ride-sharing is one of ‘hardest hit’ sectors amid virus crisis, says investor “Whether or not people can muster the political support to save some of these companies which have never been profitable … will be kind of a tough sell on a governmental level,” says Itamar Har-Even, Ion Pacific’s co-founder and co-CEO on the challenges […]
Michael Joseph on Deal Street Asia – Coronavirus: Liquidity will come at a premium for VC asset class
While the final human toll of coronavirus is still to be determined, one thing is for certain: COVID-19 is leaving a deep mark on our economy and creating an abundance of fear. The Dow, S&P 500 had the worst March since the Great Depression, as investors are assessing the pandemic’s impact on the slowing American […]
Michael Joseph spoke about Asia’s largest companies try to sell down stakes in start-ups with Financial Times
Asia’s largest companies try to sell down stakes in start-ups _ Financial Times Corporate venture capital funds offer Gojek and Didi Chuxing to secondary market investors Asia’s biggest companies are selling down their stakes in the region’s most promising tech start-ups, including Indonesia’s Gojek and China’s Didi Chuxing, as they refocus their resources to weather […]
