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Private Equity

Access private equity opportunities with our 35 years' experience

What’s new

Who we are

The Vision Programme

The Vision Programme

Vision, our flagship annual private equity programme, harnesses the potential of a single vintage, institutional-style portfolio constructed from rigorously assessed, high-conviction opportunities across primary, secondary and co-investments.

Who we are

Stringent selection

A rigorous high conviction approach to strategy, manager selection and portfolio construction filters best in class opportunities

Institutional access

Vision invests alongside HSBC itself, benefitting from the bank’s vast scale and network to access opportunities beyond the reach of many

Proven expertise

HSBC Asset Management’s deep expertise supports sound investment decisions, with a track record that speaks for itself

Our strong market network and the scale of our platform equips us with the ability to source and originate high-quality primary, secondary, and co-investment deal flow to provide a range of compelling investment opportunities for our clients globally.

William Benjamin, Head of Alternative Solutions

William Benjamin

What we do

A glimpse into the investments from previous vintages

Leadership team


William Benjamin
Head of Alternative Solutions

James Wilkinson
Head of Private Equity Fund Investments

Kutty Dutta
Head of Secondaries

Patrick Sixsmith
Head of Co-investments

Contact us

If you are considering investing in alternatives, or want to learn more about our investment strategies, please get in touch.

Ready to talk?



Further information on the potential risks can be found in the Prospectus or Offering Memorandum.

Risk Considerations. There is no assurance that a portfoliowill achieve its investment objective or will work under all market conditions. The value of investments may go down as well as up and you may not get back the amount originally invested. Portfolios may be subject to certain additional risks, which should be considered carefully along with their investment objectives and fees. 

  • Illiquidity: An investment in the Fund is a long term illiquid investment. By their nature, the Fund’s investments will not generally be exchange traded. These investments will be illiquid.
  • Long term horizon: Investors should expect to be locked-in for the full term of the investment.
  • Economic conditions: The economic cycle and prevailing interest rates will impact the attractiveness of the underlying investments. Economic activity and sentiment also impacts the performance of underlying companies and will have a direct bearing on the ability of companies to keep up with interest and principal repayments.
  • Loans to private companies: The Fund will invest in loans to medium sized privately owned companies. There are specific risks associated with lending to such companies, including that they may have limited financial resources, access to capital and higher funding costs. They may also be more vulnerable to market, key-man and other risks and their accounts are not typically published.
  • Valuation: These investments may have no or a limited liquid market, and other investments including those in respect of loans and securities of private companies, may be based on estimates which cannot be marked to market until sale. The valuation of the underlying investments is therefore inherently opaque. 
  • Fund Risk: Investments into this Fund may, among other risks, be negatively affected by adverse regulatory developments or reform, credit risk and counterparty risk. The credit market bears idiosyncratic risks such as borrower fraud, borrower bankruptcy, prepayment risk, security enforceability risk, subordination risk and lender liability risk. 
  • Investor’s Capital At Risk: Investors may lose the entirety of invested capital.

This document does not constitute an offering document and should not be construed as a recommendation, an offer to sell or the solicitation of an offer to purchase or subscribe to any investment nor should it be regarded as investment research. This document has not been reviewed by The Monetary Authority of Singapore (the “MAS”).

HSBC Global Asset Management (Singapore) Limited (“AMSG”) has based this document on information obtained from sources it reasonably believes to be reliable. However, AMSG does not warrant, guarantee or represent, expressly or by implication, the accuracy, validity or completeness of such information. Any views and opinions expressed in this document are subject to change without notice. It does not have regard to the specific investment objectives, financial situation, or needs of any specific person. Investors and potential investors should not make any investment solely based on the information provided in this document and should read the offering documents (including the risk warnings), before investing. Investors should seek advice from an independent financial adviser. Investment involves risk. Past performance and any forecasts on the economy, stock or bond market, or economic trends are not indicative of future performance. The value of investments and income accruing to them, if any, may fall or rise and investor may not get back the original sum invested. Changes in rates of currency exchange may affect significantly the value of the investment.

This document is provided upon request for information only.

In Singapore, this document is issued by AMSG who is licensed by MAS to conduct Fund Management Regulated Activity in Singapore. AMSG is not licensed to carry out asset or fund management activities outside of Singapore.

HSBC Global Asset Management (Singapore) Limited

10 Marina Boulevard, Marina Bay Financial Centre, Tower 2, #48-01, Singapore 018983

Telephone: (65) 6658 2900 Facsimile: (65) 6225 4324

Website: https://www.assetmanagement.hsbc.com.sg/

Company Registration No. 198602036R