HSBC Asset Management (HSBC AM) is to launch its Vision Private Equity 2025 Fund in November 2024, following the successful final close of its Vision Private Equity 2024 Fund in June 2024 with $403.15m in capital commitments.
This will be the seventh vintage of HSBC AM’s Vision Private Equity strategy, which offers investors access to global private equity opportunities through a single vintage institutional-style discretionary portfolio diversified by geography, sector, and strategy.
According to a press statement, the Vision Private Equity 2025 Fund will be underpinned by a “high conviction and selective investment process spanning primary funds, secondary, and co-investment deals. The inclusion of secondaries and co-investments has generated encouraging early performance for prior vintages and, in combination with HSBC AM’s large commitment programmes, offers potential for lower fees”.
Since its inception in 2019, HSBC AM’s annual Vision Private Equity programme has raised $2.3bn in aggregated capital commitments from international investors, including institutional investors and clients of HSBC Global Private Bank.
HSBC AM’s Alternatives business has combined assets under management and advice of USD71.1bn as of 30 June 2024, with a team of 318 dedicated staff including over 125 investment professionals. It offers a range of alternative investment solutions spanning private markets, hedge funds, real assets, venture capital, and flexible capital solutions.
