Private markets

Direct and co‑investment opportunities in private equity, venture capital, and private credit. Access top‑tier GPs, secondary deals, and bespoke co‑investments across Asia and globally. Our private markets platform was built to address a fundamental challenge facing sophisticated investors today: how to gain institutional-quality exposure to the world's most compelling private assets while maintaining control over fees, transparency, and alignment. We believe that private markets, when accessed intelligently, offer a powerful complement to public market holdings—providing exposure to the innovation economy, capturing the illiquidity premium, and dampening portfolio volatility through exposure to return streams uncorrelated with public exchanges.

At the heart of our private markets offering is a carefully cultivated network of relationships with leading general partners across Asia, North America, and Europe. These relationships, built over decades and tested through multiple market cycles, grant us access to some of the most sought-after funds and co-investment opportunities—many of which are substantially oversubscribed and unavailable to most investors. We do not simply aggregate fund offerings; rather, we apply the same rigorous fundamental analysis that defines our public market approach, conducting deep due diligence on each GP's investment philosophy, track record, operational expertise, and cultural alignment with our own commitment to long-term value creation.

Beyond primary fund commitments, our platform provides access to a diverse array of private market structures designed to optimize client outcomes. Secondary transactions allow us to acquire existing LP interests at potentially attractive valuations, offering the dual benefits of accelerated J-curve mitigation and exposure to mature, de-risked portfolios. Direct co-investments alongside our most trusted GPs represent perhaps the most compelling opportunity: by investing directly into portfolio companies, we eliminate layers of fees and carried interest while gaining deeper insight into underlying assets. These co-investments are selectively offered to clients who meet our eligibility criteria, creating a true partnership between Masaa, our chosen GPs, and the families we serve.

Our private credit strategy addresses the growing demand for income-oriented alternatives in an environment where traditional fixed income yields remain compressed. We source opportunities across direct lending, distressed debt, mezzanine financing, and specialty finance—focusing on structures with robust downside protection, clear contractual terms, and experienced managers with demonstrated expertise in navigating credit cycles. Whether providing growth capital to middle-market enterprises in Southeast Asia or participating in structured credit solutions in developed markets, our private credit investments are selected for their risk-adjusted return potential and their capacity to generate steady, predictable cash flows that complement the longer-duration growth orientation of our private equity allocations.

What ultimately distinguishes our private markets offering is our unwavering commitment to alignment and transparency. We invest alongside our clients in every private market opportunity, ensuring that our interests are perfectly aligned with theirs across every fund commitment and co-investment. This co-investment approach, combined with our rigorous manager selection process and our willingness to walk away from opportunities that do not meet our exacting standards, has earned us the trust of families seeking authentic partnership rather than transactional relationships. In private markets, where capital is typically locked up for a decade or more, such alignment is not merely a virtue—it is an essential foundation for enduring trust and sustainable long-term performance.

50+
GP relationships
75
Co‑investments executed
5–7 yrs
Average hold period
$4.2B
AUM in alternatives

Our private markets platform

Masaa has built a dedicated private markets team with deep relationships across Asia’s leading general partners. We offer clients access to:

  • Primary fund investments – carefully selected GPs with top quartile track records
  • Secondary purchases – liquidity solutions and portfolio diversification
  • Direct co‑investments – alongside GPs, with reduced fee drag
  • Private credit – direct lending, distressed, and mezzanine opportunities

Sector focus

We concentrate on areas where Asia offers structural growth:

  • Technology – enterprise SaaS, fintech, e‑commerce
  • Healthcare – providers, biotech, medtech
  • Consumer – brands, education, services
  • Business services – outsourcing, tech‑enabled services

Exclusive access

Our long‑standing GP relationships give clients access to oversubscribed funds and proprietary deal flow.

Historical performance

Our private equity program has delivered a net IRR of 18% since inception, with a 1.8x multiple on invested capital.

Regional coverage

Dedicated teams in Hong Kong, Singapore, Shanghai and Dubai source deals across Asia and the Middle East.

Explore private market opportunities

Speak with our alternatives team to learn how we can help you access private markets.

Contact us