Australia-based alternative asset management firm Jameson Capital and Hong Kong-based boutique investment and advisory firm TTB Partners have announced s strategic partnership. Separately, global private markets investment firm HarbourVest Partners has opened its office in Sydney, Australia.

Jameson Capital, TTB Partners join hands

Jameson Capital and TTB Partners have announced a strategic partnership that will see them capitalise on the growing demand in Asia for high-quality alternative investment opportunities in Australia.

Jameson Capital, founded in 2015, specialises in alternative assets and has invested more than A$350 million in real estate private equity and debt transactions providing a realised cumulative net IRR of more than 28% on A$1 billion-plus of assets.

TTB Partners is a Hong Kong- and London-based boutique investment and advisory firm, co-founded by financiers Jonathan Bond, Teresa Teague and Chris Scoular.

TTB specialises in providing M&A and corporate advisory services; holds a portfolio of strategic investments across fintech, digital assets and real estate sectors; and owns partnership stakes in a variety of investment managers.

The new partnership provides the firm (rebranded to Jameson TTB) with a competitive advantage to offshore investors through an on-the-ground local team.

Many offshore investors without local execution capabilities have been forced to invest sight-unseen during the pandemic or avoided opportunities in Australia altogether. It will also provide TTB’s large network of global investors with greater access to alternative investments in Australia.

Jameson TTB will continue to invest in real estate, private equity and private credit.

Last year, it launched a $100-million Special Situations Fund focused on securing high-yielding and distressed real estate credit opportunities in Australia, which has been well received by global investors, including key European institutions acting as cornerstone investors.

HarbourVest Partners opens Sydney office

HarbourVest Partners has opened its office in Sydney, Australia, as private wealth clients in Australia and New Zealand increasingly looking for innovative investment solutions offered by the firm.

According to an announcement, the Sydney office represents HarbourVest’s first location in Australia and sixth in the Asia-Pacific. This expansion increases the firm’s global footprint to 13 locations across the Americas, EMEA and Asia-Pacific.

The Sydney office is fully integrated into the firm’s global network, providing clients with seamless access to primary funds, secondary transactions, direct co-investments, real assets and infrastructure and private credit.

HarbourVest has engaged with Australian and New Zealand investors for over 35 years with $6.9 billion of AUM raised to date from approximately 40 superannuation funds, endowments, other institutional clients and family offices.

The office will be led by Warwick Mancini, who will be responsible for business development activities and client relationships in the region.

HarbourVest is an independent, global private markets firm with 40 years of experience and more than $100 billion of assets under management as of June 30, 2022.

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