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GENERAL TERMS AND CONDITIONS

By accepting these general terms and conditions ("GTC") as set out below, you acknowledge them being the mutually agreed legal basis for your visit of and the use of this website. Whereas the term "website" includes all content and data provided and all sub- and micro-sites of this website. Further, as a user of this website, you acknowledge, that you are responsible for ensuring that the legislation applicable to you in your jurisdiction permits you to consult this website and you represent and warrant that you have the necessary means and skills to access this website and use it in the intended manner only. These GTC are subject to changes without prior notice. If any of these GTC are judged to be illegal or unenforceable, the continuation in full force and effect of the remainder of them will not be prejudiced. Opinions on this website are the judgement of ASCENDER CAPITAL LIMITED at the time specified and may be subject to change without prior notice, they are not to be relied upon as authoritative or taken in substitution for the exercise of your judgment and are not intended to provide the sole basis of evaluation of any strategy or financial instrument referred to herein. ASCENDER CAPITAL LIMITED is not obliged to update or alter the information or opinions published on this website.
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SITE CONTENTS

This website is issued by ASCENDER CAPITAL LIMITED*. The content has not been reviewed by the Hong Kong Securities and Futures Commission (HKSFC). The information provided on this website is for information purposes only. It is not intended to solicit the subscription of or the sale of any financial instruments. In no event shall the content of this website be deemed as an investment advice with respect to any financial instruments or an offer to purchase or sell these. In addition, as the presentation of products in itself does not allow the making of a contract, it may neither be considered as a solicitation for purchase or sale of financial instruments or an offer of such to the public. No action has been taken which would permit the public offering of the financial instrument(s) in any other jurisdiction, except as indicated in the most recent prospectus, offering document or any other information material, as applicable, of the relevant financial instrument(s) where such action would be required, in particular, in the United States, or to US persons (as such term is defined in Regulation S of the United States Securities Act of 1933). Prior to any subscription in a country in which such financial instrument(s) is/are registered, investors should verify any legal constraints or restrictions there may be in connection with the subscription, purchase, possession or sale of the financial instrument(s). Investors considering subscribing for the financial instrument(s) should read carefully the most recent prospectus, offering document or other information material (e.g. selling restrictions) and consult the financial instrument(s)' most recent financial reports. The prospectus, offering document or other information of the Financial Instrument(s) are available upon the grant of login to relevant pages of this website. ASCENDER CAPITAL LIMITED disclaims any liability for any decision made on the basis of any information contained on this website.

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EXCLUSION OF LIABILITY

ASCENDER CAPITAL LIMITED including its parent companies, subsidiaries, associated entities, directors, employees, representatives or suppliers, does not accept any responsibility arising in any way for errors in or omissions from the information on this website and does not accept any liability for any loss or damage as a result of any person relying on any information on this website including any information provided by any third parties or by any inability to access this website at any time, except in the event of intentional or serious default on its part.

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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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SOURCES

All externally sourced information has been obtained from providers believed to be reliable, but its accuracy, timeliness, suitability and completeness is not guaranteed.
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HYPERLINKS

This website may also contain hyperlinks to websites or references to websites which are published by third parties and third-party websites may also feature links to this website. ASCENDER CAPITAL LIMITED has not reviewed any third-party websites which refer to this website or to which this website refers for accuracy, topicality and / or completeness. ASCENDER CAPITAL LIMITED declines any liability in this matter. The fact that a hyperlink has been created or a reference has been made to a third party website or that permissions have been given to a third party website to contain a link to this website, in no way means that ASCENDER CAPITAL LIMITED approves or recommends neither any content nor any products or services offered on a third party website. If you visit a third-party website by following a hyperlink or a reference on this website this will be at your own risk. If you click on the hyperlinks or enter into another website referenced in this website, you will be leaving our website and will enter into another website, which may contain information of funds which are not authorized by the HKSFC and hence are not available to Hong Kong retail investors. The forthcoming website is not issued by ASCENDER CAPITAL LIMITED. ASCENDER CAPITAL LIMITED is not responsible for the contents of that website. Providing the link to the forthcoming website does not imply an affiliation, sponsorship, endorsement, approval, investigation, verification or monitoring of any information contained in the forthcoming website by ASCENDER CAPITAL LIMITED. ASCENDER CAPITAL LIMITED is not responsible for the contents or your use of the forthcoming website.

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INTELLECTUAL PROPERTY RIGHTS

The information and data featured on this website is protected by law. Copyright and other intellectual property rights on this website (including registered and unregistered trademarks, brands, texts, graphics, logos, icons, sound recordings, software, etc.) are owned and licensed by ASCENDER CAPITAL LIMITED. You may use and / or print off the data solely for the purpose of personal, non-commercial use. You may not in any form or by any means:

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PRIVACY REGULATIONS

All information or data sent to ASCENDER CAPITAL LIMITED via this website, by email or in any other way connected with the visit of this website will be handled in accordance with statutory and regulatory requirements. By visiting this website, information on the access (e.g. date, visited sites, duration, IP-address) can be registered. These data are anonymized and not classified as personal data. Such data will be used for statistical purposes only, it will not be passed on to third parties neither for commercial nor for non-commercial reasons. By accessing this website you hereby agree, that ASCENDER CAPITAL LIMITED and its associated entities may record and process any personal data that you submit and which relates to you for the following purposes: customer management, including new business prospects, management of the contractual relationship, the prevention of irregularities, generating statistics and tests, direct marketing for financial instruments and services, as well as other products and services that are promoted by ASCENDER CAPITAL LIMITED or its associated entities. You also agree that this data may be passed on to all entities associated with ASCENDER CAPITAL LIMITED for the same purposes or to other persons in order to comply with any statutory obligation, or in the event of legal interests. You also agree with such notification, should the receiving person or entity be located outside Hong Kong, regardless of whether an adequate level of protection can be guaranteed for personal data in the country of receipt. Within ASCENDER CAPITAL LIMITED and its associated entities, access to any of your personal data is restricted to those persons who need this data in order to fulfil their duties. At any time and without any related costs, you can instruct ASCENDER CAPITAL LIMITED to stop using your personal data and you may inspect your registered details and request modifications if they are or become incorrect. Please contact ASCENDER CAPITAL LIMITED.

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ELECTRONIC MAIL FUNCTION

The option to use email to contact ASCENDER CAPITAL LIMITED is just one of the convenient features offered by ASCENDER CAPITAL LIMITED. You need to be aware of the limitations regarding the reliability of sending and receiving emails, as well as the accuracy and security of email traffic, so you should understand that ASCENDER CAPITAL LIMITED cannot be held liable for any loss or damage arising as a consequence of queries which are not received, confirmed or processed, or as a result of the fact that your email may be intercepted by third parties. As a result you are expressly advised not to send any sensitive information via email, because it may not be secure. However, if you do so, it will be at your own risk.

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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

Explore our strategy

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 International

This case study showcases our strategic approach to identifying and capitalizing on high-growth opportunities in emerging markets, leading to significant returns on investment for our clients and stakeholders.

Read more

IFTOR case study

Explore how our forward-thinking investment strategies in the technology sector have resulted in groundbreaking innovations and substantial financial gains, setting new industry standards for success and profitability.

Read more

About us

Edouard
Mercier
Partner and co-CIO
Jean-Charles Tisserand
Partner and co-CIO
Jaiyi
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
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+852 3758 2608
Suite 3001, 30/F, W50, 50 Wong Chuk Hang Road, Hong Kong
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