Investing Across the Efficient Frontier of Technology

Asia Private Equity Solutions (APES) manages discretionary capital focused on investing in funds & companies across the technology landscape.

We invest in venture and buyout opportunities leveraging software and technology to access compelling markets.

Our Value Add

APES is not your typical investor. We’re empathetic and pragmatic in our approach to providing differentiated value add to our managers and founders.
Unique
Engagement

Our focused portfolio enables us to be attuned to the unique needs of our partners and drive outsized engagement.

We work proactively with our partners to align our objectives and are highly committed to every investment.

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Global
Network

Our underlying investors are key decision-makers in leading organizations across insurance, finance, real estate, software, manufacturing, and retail. We work closely with our investor base and network to add value across our portfolio.

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Domain
Expertise

APES has institutional investment experience across technology companies and funds, informing a unique perspective.

Our expertise spans across software, technology, healthcare, and secondary transactions.

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Flexible Solutions
Provider

APES can provide tailored solutions, with a focus on working with the best entrepreneurs and fund managers.

We are flexible on investment size, ownership percentage, geography, security, and stage of development.

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Unique
Engagement
Learn more
+

Our focused portfolio enables us to be attuned to the unique needs of our partners and drive outsized engagement.

We work proactively with our partners to align our objectives and are highly committed to every investment.

Global
Network
Learn more
+

We have close relationships with key decision-makers in organizations across technology, finance, real estate, manufacturing, and retail to facilitate targeted connections.

We are based in San Francisco and Hong Kong with global networks and operating businesses.

Domain
Expertise
Learn more
+

APES has institutional investment experience across technology companies and funds, informing a unique perspective.

Our expertise spans across software, technology, healthcare, and secondary transactions.

Flexible Solutions
Provider
Learn more
+

APES can provide tailored solutions, with a focus on working with the best entrepreneurs and fund managers.

We are flexible on investment size, ownership percentage, geography, security, or stage of development.

Portfolio

A synergistic portfolio of best-in-class fund managers and technology companies.

JMI
Growth EquityJMI Equity is a growth equity firm focused on investing in leading software companies.

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Novacap
BuyoutNovacap is a leading Canadian private equity firm with a distinct investment approach based on deep operational expertise and active partnership.

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Luminate
Growth BuyoutLuminate is a private equity firm focused on making investments in growth-oriented enterprise software companies.

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Clearlake
PE & Special SituationsClearlake Capital Group is a leading investment firm focused on private equity and special situation transactions.

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Thoma Bravo
BuyoutThoma Bravo is a leading private equity firm focused on the software and technology-enabled services sectors.

Visit website

Francisco Partners
Private EquityFrancisco Partners is a leading global private equity firm which specializes in investments in technology and technology-enabled businesses.

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Potentia
BuyoutPotentia is an ANZ-based private equity firm exclusively focused on partnering with software, tech-enabled services and technology businesses in the mid-market.

Visit website

Banneker Partners
BuyoutBanneker Partners is a private equity firm focused on investing in Software/SaaS, Internet, and technology business services companies.

Visit website

Vista Equity PartnersBuyoutVista Equity Partners is a U.S.-based investment firm that exclusively invests in software, data, and technology-enabled organizations led by world-class management teams.

Visit website

Providence Strategic GrowthBuyoutPSG focuses on growth equity investments in lower middle market software and technology-enabled service companies.

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Turn/River CapitalPrivate EquityTurn/River specializes in buyouts, spin-outs, growth capital investments, founder liquidity, and recapitalizations of technology, web, and SaaS companies.

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Sequoia ChinaVenture & GrowthEarly and growth stage investor in China.

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Left Lane CapitalEarly-stage VentureLeft Lane invests in high-growth internet and consumer companies across North America, Europe, and Israel.

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Banner Ridge PartnersSecondariesBanner Ridge's secondary strategy is focused on investing in a subset of the market characterized by complexity and limited access to information.

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Sierra VenturesEarly-stage VentureSierra Ventures is a Bay Area based early-stage venture firm investing globally with a focus on Next Generation Enterprise and Emerging Technologies.

Visit website

Tribe CapitalEarly-stage VentureTribe Capital is a SF-based venture firm focused on recognizing and amplifying early stage product-market fit with the goal of finding N-of-1 companies.

Visit website

Hoxton VenturesEarly-stage VentureHoxton Ventures is a European early-stage venture capital firm specializing in investments in technology startups.

Visit website

firstminute CapitalSeed Venturefirstminute is a UK-based European seed fund backed by star entrepreneurs and aspires to be the most helpful seed fund in Europe.

Visit website

Vectr VenturesEarly-stage VentureVectr is an early-stage Venture Capital fund and innovation studio based in Hong Kong.

Visit website

Genesis Capital 元生资本Venture FundGenesis Capital invests in top teams and companies that leverage information technology to improve efficiency for consumer and businesses.

Visit website

AlgoGrowthAlgo is a supply chain SaaS platform that enables automated, data-driven workflows and business insights to enterprises.

Visit website

EMSBuyoutEMS LINQ is a leading provider of comprehensive software to manage K-12 operations at the district and school level.

Visit website

Dairy.comBuyoutDairy.com offers software solutions that span the entire dairy supply chain, helping clients move products more efficiently from farm to plate.

Visit website

SupportLogicEarly-stage VentureSupportLogic is a stealth mode startup building a system of intelligence to replace legacy systems of record.

Visit website

DreamlinesGrowthDreamlines is a leading international online travel agency specialized in cruises, with operations in nine countries on five continents.

Visit website

AUTO1 GroupGrowthAUTO1 Group is Europe’s leading used-car marketplace with its own certified and diversified inventory.

Visit website

ModbotEarly-stage VentureModbot's software defined robotics are powered by flexible modular hardware, a beautiful programming experience, and rapid integration development software.

Visit website

CreatorEarly-stage VentureCreator is revolutionizing the way food is prepared with technology that allows for gourmet quality food to be sold at fast food prices.

Visit website

PlanetEarly-stage VenturePlanet operates world’s largest constellation of Earth-imaging satellites, which “line scan” the planet to image the entire Earth daily.

Visit website

Area28Early-stage VentureArea28's cloud-based game engine combines service-oriented architecture with a high performance runtime engine, enabling real-time collaborative development for game developers.

Visit website

JMI
Growth EquityJMI Equity is a growth equity firm focused on investing in leading software companies.

Visit website

Novacap
BuyoutNovacap is a leading Canadian private equity firm with a distinct investment approach based on deep operational expertise and active partnership.

Visit website

Luminate
Growth BuyoutLuminate is a private equity firm focused on making investments in growth-oriented enterprise software companies.

Visit website

Clearlake
PE & Special SituationsClearlake Capital Group is a leading investment firm focused on private equity and special situation transactions.

Visit website

Thoma Bravo
Buyout FundThoma Bravo is a leading private equity firm focused on the software and technology-enabled services sectors.

Visit website

Francisco Partners
Private Equity FundFrancisco Partners is a leading global private equity firm which specializes in investments in technology and technology-enabled businesses.

Visit website

Potentia
Buyout FundPotentia is an ANZ-based private equity firm exclusively focused on partnering with software, tech-enabled services and technology businesses in the mid-market.

Visit website

Banneker Partners
Buyout FundBanneker Partners is a private equity firm focused on investing in Software/SaaS, Internet, and technology business services companies. Banneker seeks to partner with exceptionally motivated founders and management teams to create value through organic growth, strategic acquisitions, and operational improvements.

Visit website

Vista Equity PartnersBuyout FundVista Equity Partners is a U.S.-based investment firm that exclusively invests in software, data, and technology-enabled organizations led by world-class management teams.

Visit website

Providence Strategic GrowthBuyout FundPSG focuses on growth equity investments in lower middle market software and technology-enabled service companies.

Visit website

Turn/River CapitalPrivate Equity FundTurn/River specializes in buyouts, spin-outs, growth capital investments, founder liquidity, and recapitalizations of technology, web, and SaaS companies.

Visit website

Sequoia ChinaVenture & GrowthEarly and growth stage investor in China.

Visit website

Left Lane CapitalVenture FundLeft Lane invests in high-growth internet and consumer companies across North America, Europe, and Israel.

Visit website

Banner Ridge PartnersSecondary FundBanner Ridge's secondary strategy is focused on investing in a subset of the market characterized by complexity and limited access to information.

Visit website

Sierra VenturesVenture FundSierra Ventures is a Bay Area based early-stage venture firm investing globally with a focus on Next Generation Enterprise and Emerging Technologies.

Visit website

Tribe CapitalVenture FundTribe Capital is a SF-based venture firm focused on recognizing and amplifying early stage product-market fit with the goal of finding N-of-1 companies.

Visit website

Hoxton VenturesVenture FundHoxton Ventures is a European early-stage venture capital firm specializing in investments in technology startups.

Visit website

firstminute CapitalVenture Fundfirstminute is a UK-based European seed fund backed by star entrepreneurs and aspires to be the most helpful seed fund in Europe.

Visit website

Vectr VenturesVenture FundVectr is an early-stage Venture Capital fund and innovation studio based in Hong Kong.

Visit website

Genesis Capital 元生资本Venture FundGenesis Capital invests in top teams and companies that leverage information technology to improve efficiency for consumer and businesses.

Visit website

JMI
Growth EquityJMI Equity is a growth equity firm focused on investing in leading software companies.

Visit website

Novacap
BuyoutNovacap is a leading Canadian private equity firm with a distinct investment approach based on deep operational expertise and active partnership.

Visit website

Luminate
Growth BuyoutLuminate is a private equity firm focused on making investments in growth-oriented enterprise software companies.

Visit website

Clearlake
PE & Special SituationsClearlake Capital Group is a leading investment firm focused on private equity and special situation transactions.

Visit website

Thoma Bravo
Buyout FundThoma Bravo is a leading private equity firm focused on the software and technology-enabled services sectors.

Visit website

Francisco Partners
Private Equity FundFrancisco Partners is a leading global private equity firm which specializes in investments in technology and technology-enabled businesses.

Visit website

Potentia
Buyout FundPotentia is an ANZ-based private equity firm exclusively focused on partnering with software, tech-enabled services and technology businesses in the mid-market.

Visit website

Banneker Partners
Buyout FundBanneker Partners is a private equity firm focused on investing in Software/SaaS, Internet, and technology business services companies. Banneker seeks to partner with exceptionally motivated founders and management teams to create value through organic growth, strategic acquisitions, and operational improvements.

Visit website

Vista Equity PartnersBuyout FundVista Equity Partners is a U.S.-based investment firm that exclusively invests in software, data, and technology-enabled organizations led by world-class management teams.

Visit website

Providence Strategic GrowthBuyout FundPSG focuses on growth equity investments in lower middle market software and technology-enabled service companies.

Visit website

Turn/River CapitalPrivate Equity FundTurn/River specializes in buyouts, spin-outs, growth capital investments, founder liquidity, and recapitalizations of technology, web, and SaaS companies.

Visit website

Banner Ridge PartnersSecondary FundBanner Ridge's secondary strategy is focused on investing in a subset of the market characterized by complexity and limited access to information.

Visit website

Sequoia ChinaVenture & GrowthEarly and growth stage investor in China.

Visit website

Left Lane CapitalVenture FundLeft Lane invests in high-growth internet and consumer companies across North America, Europe, and Israel.

Visit website

Sierra VenturesVenture FundSierra Ventures is a Bay Area based early-stage venture firm investing globally with a focus on Next Generation Enterprise and Emerging Technologies.

Visit website

Tribe CapitalVenture FundTribe Capital is a SF-based venture firm focused on recognizing and amplifying early stage product-market fit with the goal of finding N-of-1 companies.

Visit website

Hoxton VenturesVenture FundHoxton Ventures is a European early-stage venture capital firm specializing in investments in technology startups.

Visit website

firstminute CapitalVenture Fundfirstminute is a UK-based European seed fund backed by star entrepreneurs and aspires to be the most helpful seed fund in Europe.

Visit website

Vectr VenturesVenture FundVectr is an early-stage Venture Capital fund and innovation studio based in Hong Kong.

Visit website

Genesis Capital 元生资本Venture FundGenesis Capital invests in top teams and companies that leverage information technology to improve efficiency for consumer and businesses.

Visit website

AlgoGrowthAlgo is a supply chain SaaS platform that enables automated, data-driven workflows and business insights to enterprises.

Visit website

EMSBuyout DirectEMS LINQ is a leading provider of comprehensive software to manage K-12 operations at the district and school level.

Visit website

Dairy.comBuyout DirectDairy.com offers software solutions that span the entire dairy supply chain, helping clients move products more efficiently from farm to plate.

Visit website

SupportLogicVenture DirectSupportLogic is a stealth mode startup building a system of intelligence to replace legacy systems of record.

Visit website

DreamlinesVenture DirectDreamlines is a leading international online travel agency specialized in cruises, with operations in nine countries on five continents.

Visit website

AUTO1 GroupVenture DirectAUTO1 Group is Europe’s leading used-car marketplace with its own certified and diversified inventory.

Visit website

ModbotVenture DirectModbot's software defined robotics are powered by flexible modular hardware, a beautiful programming experience, and rapid integration development software.

Visit website

CreatorVenture DirectCreator is revolutionizing the way food is prepared with technology that allows for gourmet quality food to be sold at fast food prices.

Visit website

PlanetVenture DirectPlanet operates world’s largest constellation of Earth-imaging satellites, which “line scan” the planet to image the entire Earth daily.

Visit website

Area28Venture DirectArea28's cloud-based game engine combines service-oriented architecture with a high performance runtime engine, enabling real-time collaborative development for game developers.

Visit website

EMSDIRECT [Buyout]EMS LINQ is a leading provider of comprehensive software to manage K-12 operations at the district and school level.

Visit website

Dairy.comDIRECT [Buyout]Dairy.com offers software solutions that span the entire dairy supply chain, helping clients move products more efficiently from farm to plate.

Visit website

AlgoGrowthAlgo is a supply chain SaaS platform that enables automated, data-driven workflows and business insights to enterprises.

Visit website

SupportLogicVenture DirectSupportLogic is a stealth mode startup building a system of intelligence to replace legacy systems of record.

Visit website

DreamlinesVenture DirectDreamlines is a leading international online travel agency specialized in cruises, with operations in nine countries on five continents.

Visit website

AUTO1 GroupVenture DirectAUTO1 Group is Europe’s leading used-car marketplace with its own certified and diversified inventory.

Visit website

ModbotVenture DirectModbot's software defined robotics are powered by flexible modular hardware, a beautiful programming experience, and rapid integration development software.

Visit website

CreatorVenture DirectCreator is revolutionizing the way food is prepared with technology that allows for gourmet quality food to be sold at fast food prices.

Visit website

PlanetVenture DirectPlanet operates world’s largest constellation of Earth-imaging satellites, which “line scan” the planet to image the entire Earth daily.

Visit website

Area28Venture DirectArea28's cloud-based game engine combines service-oriented architecture with a high performance runtime engine, enabling real-time collaborative development for game developers.

Visit website
FUND [Buyout]

Banneker Partners
FUND [Buyout]Banneker Partners is a private equity firm focused on investing in Software/SaaS, Internet, and technology business services companies. Banneker seeks to partner with exceptionally motivated founders and management teams to create value through organic growth, strategic acquisitions, and operational improvements.

Visit website

Vista Equity PartnersFUND [Buyout]Vista Equity Partners is a U.S.-based investment firm with offices in Austin, Chicago, New York City, Oakland, and San Francisco with more than $52 billion in cumulative capital commitments. Vista exclusively invests in software, data, and technology-enabled organizations led by world-class management teams.

Visit website
FUND [Venture]

Left Lane CapitalFUND [Venture]Left Lane invests in high-growth internet and consumer companies across North America, Europe, and Israel.

Visit website

Hoxton VenturesFUND [Venture]Hoxton Ventures is a European early-stage venture capital firm specializing in investments in technology startups.

Visit website

Sierra VenturesFUND [Venture]Sierra Ventures is a Bay Area based early-stage venture firm investing globally with a focus on Next Generation Enterprise and Emerging Technologies.

Visit website
DIRECT [Buyout]

Dairy.comDIRECT [Buyout]Dairy.com offers software solutions that span the entire dairy supply chain, helping clients move products more efficiently from farm to plate.

Visit website

EMSDIRECT [Buyout]EMS LINQ is a leading provider of comprehensive software to manage K-12 operations at the district and school level.

Visit website
FUND [Buyout]

Banneker Partners
FUND [Buyout]Banneker Partners is a private equity firm focused on investing in Software/SaaS, Internet, and technology business services companies. Banneker seeks to partner with exceptionally motivated founders and management teams to create value through organic growth, strategic acquisitions, and operational improvements.

Visit website

Vista Equity PartnersFUND [Buyout]Vista Equity Partners is a U.S.-based investment firm with offices in Austin, Chicago, New York City, Oakland, and San Francisco with more than $52 billion in cumulative capital commitments. Vista exclusively invests in software, data, and technology-enabled organizations led by world-class management teams.

Visit website
FUND [Venture]

Left Lane CapitalFUND [Venture]Left Lane invests in high-growth internet and consumer companies across North America, Europe, and Israel.

Visit website

Hoxton VenturesFUND [Venture]Hoxton Ventures is a European early-stage venture capital firm specializing in investments in technology startups.

Visit website

Sierra VenturesFUND [Venture]Sierra Ventures is a Bay Area based early-stage venture firm investing globally with a focus on Next Generation Enterprise and Emerging Technologies.

Visit website
DIRECT [Buyout]

Dairy.comDIRECT [Buyout]Dairy.com offers software solutions that span the entire dairy supply chain, helping clients move products more efficiently from farm to plate.

Visit website

EMSDIRECT [Buyout]EMS LINQ is a leading provider of comprehensive software to manage K-12 operations at the district and school level.

Visit website

Team

Prior to forming APES, Ed was a member of Tencent's Investment and M&A team, where he was instrumental in guiding the group's global investments in software and technology companies. Subsequently, he was an investor at Princeville Global, a technology-focused growth equity firm, where he helped shape the firm’s China and software investment strategy.

Ed graduated from Brown University with a B.A. in Economics.

Ed Cheung
Managing Partner
LinkedIn

Stewart Gruen was previously on the Private Market Investment Due Diligence team at Albourne Partners, an investment consulting firm with more than $400B of assets under advisory. While at Albourne Partners in San Francisco and Hong Kong, Stewart specialized in venture capital, tech buyout, secondary funds, and PE funds in Australia and India.

Prior to Albourne Partners, Stewart was an Analyst at Pharus Capital Management, a San Francisco-based venture capital fund, where he assisted with activities ranging from fundraising to investment screening and diligence.

Stewart Gruen graduated from the University of Michigan, receiving a B.A. in Philosophy and a B.A. in Economics.

Stewart Gruen
Investor
LinkedIn

Prior to APES, Justin was an associate at Syno Capital, a biotech venture capital fund in New York, where he focused on investments in early-stage therapeutics.

Justin graduated from Brown University with Bachelor of Arts in Biology. He was formerly an M.D. candidate at Brown University's Alpert Medical School.

Justin Liang
Investor
LinkedIn

Prior to APES, Diana held multiple operational roles at asset manager East Capital and real estate investment firm Sniper Capital.

Diana Hui
Operations