The EXS Capital Group is an independent investment firm dedicated to Asia Pacific. Owned entirely by its partners, the firm has offices in Hong Kong and is active throughout the region.
We focus exclusively on privately-negotiated investments in Asia, seeking either majority or shared control. We invest opportunistically across industries, including real estate, one of the biggest publicly listed businesses in the region. In Asia, we believe the distinction among traditional alternative investment styles – buyout, growth, distressed, mezzanine, PIPEs, activist, real estate opportunity, etc. – is relatively meaningless. Indeed, many of our most successful deals have combined elements of several of these styles. We make the investment suit the opportunity.
Since inception in 2007, EXS Capital has led over US$650 million in alternative investments in Asia, representing over US$1 billion in enterprise value. EXS originated, structured and executed these investments on a deal-by-deal basis, partnering with leading global private equity firms, hedge funds and international investment banks for funding.
Over the past twenty years, the principals of EXS have helped create and grow several of Asia’s leading companies across industries including consumer, manufacturing, technology, telecommunication and real estate. As such, we have a long track record of generating wealth for both entrepreneurs and investors.
Our ultimate goal is to partner with great management teams to build control positions in leading Asian companies for the long term, without the requirement to exit
Fundamentally, a great business is made up of:
An expert, motivated management team
A clear and sustainable competitive advantage; for example, asset base, location, brand, franchise, license, etc.
Capital resources, especially in times of crisis
Asia is particularly prone to monopolies, oligopolies and other situations of long-term competitive advantage. We have repeatedly demonstrated the ability to not only identify these business situations, but also to provide the necessary capital and other resources to outstanding management teams to develop opportunities that become obvious to others only in retrospect.
There are many effective ways to build such businesses, and equally many techniques to achieve the control, alignment and investor protection necessary to maximize value. Often the best deals are the product of multiple investments, strategies and techniques working in combination towards such an overall goal.
We are therefore agnostic as to industry and geography, structure and instrument. We fit the investment to the opportunity; the key is the end result.
direct investment opportunities
on a deal-by-deal basis
EXS offers investors high-quality, sizable, proprietary investment opportunities without the complications of a fund structure.
For investors, our direct investment model offers far greater transparency and control as well as flexibility in instrument, structuring, terms and duration.
For management, our model provides better alignment of interests and flexibility to fit your needs.
EXS will join the management team as strategic and capital partner.
The value proposition for management is simple: you will make far more money with our participation.
Every EXS deal closed so far
has produced a positive return
Selected transactions led by EXS
Takeover of listed Tokyo residential REIT & REIT manager
Profit realised through listing
Buyout of distressed shareholder in residential development
Profit realised through sale of residential units
Strategic investment in leading HCMC real estate developer
Expected 25%+ IRR (ongoing)
Selected transactions led by Eric Solberg, before EXS
Consolidated many local breweries into regional leader for exit to global players
Sold to Anheuser Busch
Shui On Land
Successful new China venture by leading HK developer, leading to US$4 billion IPO
US$400 million convertible pref
Asia Broadcast Satellite
Creation of leading Asian satellite company by combining experienced team + distressed satellite asset
Sale to PE firm
Hong Kong / Regional
Multi-disciplinary, multi-lingual team
with broad experience across Asian markets,
industries and investment strategies
Chairman & CEO
Eric is the Chairman and CEO of the EXS Capital Group. He has over 25 years of experience in the Asian private equity business.
Executive Director & CTO
Chris has a dual role within EXS - he is both an Executive Director for the EXS Private Equity business as well as the Chief Technology Officer for the entire EXS Capital Group. Chris has 16 years of experience in finance and technology.
Cathy is a Director of the EXS Private Equity business as well as Director of financial management for the entire EXS Capital Group. She has extensive experience in investment valuation, portfolio structuring and management.
Chris is a Senior Associate in the Private Equity business at EXS Capital. He has significant experience in structuring transactions and financial modeling.
EXS Capital partners with
great entrepreneurs and management teams
to build companies of lasting value
Partner with Us
The principals of EXS Capital are not just experienced investors, but successful entrepreneurs in their own right. As such, we can provide you with much more than just one-off financing; we can help build your business. In addition to access to debt and equity capital markets, we provide our investment partners with strategic consulting, business development, corporate structuring, executive recruiting, mergers & acquisitions.
We have taken dozens of companies from start-up, through expansion capital and IPO, all the way to industry leadership. Over the past many years and innumerable transactions, we have learned many hard lessons that we can directly apply to making your business an even bigger success.
Entrepreneurs and management teams choose to work with us because:
Flexible – we are not constrained by a restrictive investment mandate. We are agnostic as to industry, geography, structure or instrument; we focus exclusively on the merits of specific investment opportunities
Aligned interest – we use structures oriented towards long-term alignment of interests. By avoiding conflicts of interest, all parties can focus on building great businesses
Invest to build – we avoid zero-sum investment situations that may result in conflicts over control and/or assets. We are a capital partner assisting great entrepreneurs and management teams to develop industry leading real world businesses
Long-term partners – we have the holding power to stick with winning investments and can assist with multiple rounds of financing; our favorite holding period is forever
Track record – we have a strong track record of helping to create leading Asian businesses. We invite you to speak to our past clients who can describe the difference that working with EXS Capital’s principals made to their businesses
EXS Capital Asia Limited is licensed by the Hong Kong Securities & Futures Commission for activities Type 4 (Advising on Securities), Type 6 (Corporate Finance) and Type 9 (Asset Management), Membership Number: AQO245
EXS Property Limited is licensed by the Hong Kong Estate Agents Authority
EXS Capital Limited is registered with the Cayman Islands Monetary Authority as an exempt investment advisor
If you think we may be able to help with your business, please do not hesitate to contact us