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IMPORTANT NOTES FOR INVESTORS

ASCENDER CAPITAL LIMITED manages two funds, namely, Ascender Capital Global Value Fund and EQUUS INVESTMENT SICAV. These two funds are subject to different selling restrictions. Details of the restrictions and underlying risks can be found in the prospectus, offering document or other information of the funds.

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APPLICABLE LEGISLATION AND JURISDICTION IN LAW

Your access to, visit to and / or use of this website and these GTC are governed by and will be interpreted in accordance with laws of Hong Kong SAR. The courts of Hong Kong SAR shall have exclusive jurisdiction regarding any dispute in this regard, notwithstanding the fact that ASCENDER CAPITAL LIMITED may choose another court that has jurisdiction regarding a similar dispute in accordance with an applicable provision of legislation. * ASCENDER CAPITAL LIMITED is located at 3001 W50, 50 Wong Chuk Hang Road, Hong Kong and regulated by the HKSFC (CE Number: BAI353).

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Invest in Asian
hidden gems

We enable investors to access mispriced, high-quality businesses across Asia, not accessible through passive or larger funds, with management teams we can trust.

Who we are

Ascender Capital is a Hong Kong based investment boutique run by entrepreneurs and managing a single equity strategy since 2012.

We are looking for hidden gems or companies that are misunderstood by the market. Our on-the-ground presence allows us to exploit these inefficiencies while avoiding the numerous pitfalls that can be found in the region.

2012

Inception of first fund

30+

High quality portfolio companies

5x

Average portfolio EV/EBIT valuation

6

Hong Kong and Tokyo based team

Navigating Asia

Building a portfolio of hidden gems

We invest in high-quality businesses across Asia, including Japan, with a focus on inefficient segments of the market, where companies are not followed by brokers and disclosures are limited or not always available in English

Our process combines quantitative and qualitative approaches.

Idea
generation

New ideas are sourced exclusively from our proprietary Quality Universe. Our database is composed of companies that we have met since 2012 and is updated weekly.

Fundamental research

Our framework focuses on assessing business quality, minimizing biases and allowing comparison across a wide universe of geographies and business models.

Portfolio construction

Our scoring tool combines quality and valuation metrics, with cheaper and better businesses getting the best scores.

Case studies

CITIC Telecom 

A highly cash-flow generative Chinese telecom company with a stable track-record and consistent shareholders returns.

ITFOR

A recurring Japanese IT services business with high market shares, strong profitability and shareholder-friendly capital allocation.

About us

Edouard
Mercier
Partner and co-CIO
Jean-Charles
Tisserand
Partner and co-CIO
Jiayi
Zhang
Investment Analyst
Jason
Fu
Investment Analyst
Ricky
Pang
Fund Accounting and Operations Manager
Nana
Yasuda
Consultant

Reach out today

Feel free to send us a message and we will get back to you promptly. Our team is highly responsive, aiming to respond within a few hours.
Email access Icon
info@ascendercapital.com
Phone Icon
+852 3758 2608
Suite 3001, 30/F, W50, 50 Wong Chuk Hang Road,
Hong Kong
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