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Endowus partners with HarbourVest to launch Evergreen private equity solutions in Singapore and Hong Kong.
Online wealth management platform Endowus has partnered with private equity giant HarbourVest, based in Boston, to launch the Evergreen private equity program for the first time in Singapore and Hong Kong.
Okay, the online wealth management platform Endowus has partnered with the private equity giant HarbourVest, based in Boston, to launch the Evergreen Private Equity Program in Singapore and Hong Kong, providing individual investors and family offices of Endowus Private Wealth (EPW) with lower barriers to directly invest in the private equity market. EPW has officially launched in Hong Kong. By combining a technology-driven platform, investment offices, and the expertise of dedicated client advisors, EPW offers tailored wealth advisory services to meet the personalized investment needs of professional investors, family offices, and institutions in the market. HarbourVest's Evergreen Private Equity Program is being introduced for the first time in Hong Kong and Singapore, adopting an open architecture and Evergreen investment strategy aimed at providing investors with investment products focused primarily on secondary market and direct co-investment opportunities through single-compound investments. Endowus is a leading wealth management platform in Asia that pioneered a business model that does not charge sales commissions. Established in 2017, Endowus is the first comprehensive online wealth management platform in Singapore to offer services for both private wealth and public retirement savings investment. The company holds licenses for regulated activities 1, 4, and 9 granted by the Securities and Futures Commission in Hong Kong. With offices in 14 locations worldwide, HarbourVest has over 40 years of investment experience in the private equity market and a strong and professional investment team in the secondary market and direct co-investment fields. This program provides investors with an opportunity to access purely private equity strategies, with real-time access to HarbourVest's deal flow and deployment of over HK$100 billion (S$17 billion) annually in private equity secondary market and direct co-investments.
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