Core Viewpoint - Hanling Capital has launched the HLAPA fund, a pioneering semi-liquid tool aimed at providing diversified access to the Asian private equity market for private wealth and institutional investors [1][3]. Group 1: Fund Overview - HLAPA aims to offer investors attractive exposure to the Asian private equity market, focusing on direct investments and secondary market operations [1]. - The fund leverages Hanling Capital's over 15 years of experience in the Asian investment sector and its extensive regional network [1]. - The fund is designed to capitalize on macroeconomic benefits in Asia, aiming to deliver high-quality risk-adjusted returns [1]. Group 2: Market Context - Asia accounts for 60% of global GDP growth, yet most private equity products focus on broader global and U.S. exposures, leaving limited investment channels for the Asian market [1]. - HLAPA is positioned as an innovative product that provides seamless and diversified access to attractive private asset opportunities in Asia [1]. Group 3: Investment Strategy - The fund employs a flexible investment portfolio construction method that adapts to market dynamics and aims to optimize risk-adjusted returns, covering both innovative growth investments and mature acquisition deals [3]. - There is an opportunity to collaborate with top fund management teams in Asia, including those in Australia, Japan, South Korea, India, Southeast Asia, and China [3]. - The fund features an open and flexible structure that allows for immediate capital deployment without the need for additional capital [3].