The Venture Codex Logo

The Venture Codex

Aspex Management

16th Floor, St. George's Building, 2 Ice House Street, Central, Hong Kong Island, Hong Kong

Overview

Investment manager focused on pan-Asian equity with a long-term approach.

Founded

2018

Deals ยท 12mo

0

Links

WebsiteLinkedIn

Stage focus

Multi-stage

Geographic focus

China
Singapore
South Korea

Sector focus

Business Development
Finance
Financial Services

Investment portfolio

4rounds
NAMEDATESIZE
Danggeun Market
Aug 2021Participated
$162 MSeries D
Market Kurly
Jul 2021Led
$200 MSeries F
KLOOK
Jan 2021Led
$200 MSeries E
Xpeng Motors
Jul 2020Participated
$500 MSeries C
Danggeun Market
Aug 2021Participated
$162 MSeries D
Market Kurly
Jul 2021Led
$200 MSeries F
KLOOK
Jan 2021Led
$200 MSeries E
Xpeng Motors
Jul 2020Participated
$500 MSeries C
4
Items
Browse all public portfolio deals

Insights

Time horizon

View by

Deal Distribution

Aspex Management: 4 funding rounds are recorded in the selected participation categories.All available history.
Aspex Management: 4 funding rounds are recorded in the selected participation categories. All available history
Round typeLed dealsParticipated deals
Series C+22

Monthly Deal Activity

Aspex Management: 4 deals are recorded across 76 months.All available history.
Aspex Management: 4 deals are recorded across 76 months. All available history
MonthDeals
Jul '201
Aug '200
Sep '200
Oct '200
Nov '200
Dec '200
Jan '211
Feb '210
Mar '210
Apr '210
May '210
Jun '210
Jul '211
Aug '211
Sep '210
Oct '210
Nov '210
Dec '210
Jan '220
Feb '220
Mar '220
Apr '220
May '220
Jun '220
Jul '220
Aug '220
Sep '220
Oct '220
Nov '220
Dec '220
Jan '230
Feb '230
Mar '230
Apr '230
May '230
Jun '230
Jul '230
Aug '230
Sep '230
Oct '230
Nov '230
Dec '230
Jan '240
Feb '240
Mar '240
Apr '240
May '240
Jun '240
Jul '240
Aug '240
Sep '240
Oct '240
Nov '240
Dec '240
Jan '250
Feb '250
Mar '250
Apr '250
May '250
Jun '250
Jul '250
Aug '250
Sep '250
Oct '250
Nov '250
Dec '250
Jan '260
Feb '260
Mar '260
Apr '260
May '260
Jun '260
Jul '260
Aug '260
Sep '260
Oct '260

Sector Breakdown

Aspex Management: E-Commerce & Retail is the largest displayed sector by deal count (2 deals).All available history.

A deal can appear in multiple sectors, so sector totals may overlap. Capital represents disclosed total round sizes, not fund cheque sizes.

Aspex Management: E-Commerce & Retail is the largest displayed sector by deal count (2 deals). All available history
SectorDeals
E-Commerce & Retail2
Transportation & Logistics2
Social & Community Platforms2
Consumer & Lifestyle1
Travel & Hospitality1
Networks, Cloud & Communication1
Manufacturing1
Food & Agriculture1

Deal Size Distribution

Aspex Management: 4 rounds have a disclosed size in the displayed size bands.All available history.

Undisclosed round sizes are excluded. Capital represents total round sizes, not fund cheque sizes.

Aspex Management: 4 rounds have a disclosed size in the displayed size bands. All available history
Round size band (USD)Deals
<$5M0
$5M-$10M0
$10M-$25M0
$25M-$50M0
$50M-$100M0
$100M-$250M3
$250M-$500M0
$500M-$1B1
$1B+0

Deals By Geography

Aspex Management: South Korea has the largest recorded deal count among the displayed regions (2 deals).All available history.

Top 3 of 3 regions; European countries are grouped as Europe.

Aspex Management: South Korea has the largest recorded deal count among the displayed regions (2 deals). All available history
RegionDeals
South Korea2
China1
Singapore1
Aspex Management: 20 co-investors are shown, with Hongshan Capital Group (Sequoia Capital China) sharing 3 recorded deals.All available history.

Co-Investors

Bubble size = shared deals

Click a bubble to open that fund in a new tab.

Shows up to 20 co-investors ranked by shared deals. Deals may be shared with multiple funds, so rows overlap. Capital is total round size, not fund cheque size.

Aspex Management: 20 co-investors are shown, with Hongshan Capital Group (Sequoia Capital China) sharing 3 recorded deals. All available history
Co-investorShared deals
Hongshan Capital Group (Sequoia Capital China)3
DST Global2
Hillhouse Capital2
Altos Ventures1
Boyu Capital1
Capstone Partners1
CJ Logistics Corporation1
Coatue1
Foxconn1
GGV Capital1
Goodwater Capital1
IDG Capital1
Kakao Ventures1
Matrix Partners China1
Millennium Management1
Morningside1
Primavera Capital Group1
Reverent Partners1
SoftBank1
SoftBank Ventures Asia1

Investment Strategy

Aspex Management: Led accounts for 50% and participating for 50% of round participation.All available history.
Aspex Management: Led accounts for 50% and participating for 50% of round participation. All available history
CategoryDeals (count)Share (%)
Led250%
Participating250%
Aspex Management: Single-lead accounts for 50% and co-led for 50% of lead dynamics.All available history.
Aspex Management: Single-lead accounts for 50% and co-led for 50% of lead dynamics. All available history
CategoryDeals (count)Share (%)
Single-lead150%
Co-led150%

Team

Bonnie Fong

Partner & COO

David J. Lee

Partner

Hermes Li

Founder, CIO & Portfolio Manager