HSBC Asset Management has held the final close of its Vision Venture Capital (VC) 2024 and Vision Private Equity (PE) 2025 strategies, with total capital commitments reaching $192.8m and $276.2m, respectively.
Launched in November 2024 as part of HSBC AM’s expanding alternatives platform, the strategy focuses on a diversified venture capital and growth portfolio built upon primary, secondary, and co-investment deals.
Vision VC spans the full venture capital lifecycle – from seed to growth – placing particular emphasis on high-impact areas such as AI, deep tech, next-gen software, healthcare & life sciences, and fintech, plus a geographic focus on innovation hubs across, predominantly the US, but also Europe and Asia.
The strategy has already deployed capital into leading VC managers such as General Catalyst, Lightspeed, Phoenix Court (Local Globe), SignalFire, and Series X Capital, as well as partnering with Lightspeed for a co-investment, and gaining exposure to high-quality growth assets via a secondary transaction alongside Lakestar.
Vision PE 2025, which held its first close in March, marks the seventh vintage of the annual PE programme that has raised $2.6bn across all vintages to date.
The Vision PE programme provides access to global core buyout funds, alongside high-conviction thematic investments in sectors such as US mid-market, healthcare, and technology, while also spanning primary, secondary, and co-investment transactions.
The strategy offers globally diversified exposure across the private equity landscape, sourcing opportunities through HSBC AM’s network of over 1,000 general partners and supported by multiple streams of capital.
