Capital23 is an independent, principal-led private markets investment firm. We partner with sovereign, institutional and family‑office investors to structure bespoke investments between Asia, the Gulf and global markets.
Led by partners based in Beijing, Hong Kong, Dubai and Riyadh.
Our principals each bring more than 20 years of investing across both regions on behalf of sovereign platforms, institutional investors and private markets managers.
In Asia and the Gulf, capital flows through relationships rather than products. We maintain long-standing relationships with investors, asset owners and managers across both regions, enabling us to source and structure proprietary cross-border transactions.
We work on a select number of transactions at a time, each led by our partners and structured alongside our institutional partners.
Capital23 takes its name from the 23rd parallel north, the Tropic of Cancer, which runs from the capital hubs of the Gulf through the financial and innovation centres of China’s Greater Bay Area: the axis from which we connect capital and opportunity across Asia, the Gulf and global markets.
Three complementary activities connecting Asia, the Gulf and global markets.
Bespoke investments
Spin-outs, carve-outs and special situation transactions that unlock financial and strategic value in line with institutional mandates.
Commercial partnerships
From technology and IP licensing deals to joint ventures: the commercial partnerships that open up cross-border investment opportunities.
Investment platforms
Platforms built in partnership with selected specialist managers for investors seeking long-term, programmatic exposure to key themes across the regions.
Let’s talk.
Tell us about your investment priorities, or an opportunity you would like to partner on.