Advent International has announced the expansion of its Hong Kong operations, positioning the city as a central hub for its Asia Pacific activities and reinforcing its long-term commitment to the region.
The global private equity firm said the move is designed to enhance its ability to serve investors across Asia Pacific while deepening engagement with local limited partners. The expansion includes the buildout of its regional investor relations capabilities, which will be based in Hong Kong and led by Xiaoni Shi, Managing Director and Head of Investor Relations for Asia Pacific.
Advent highlighted that it has been investing in Greater China since 1993, deploying more than $1.8 billion in the region and over $7.8 billion across Asia Pacific through its flagship and follow-on funds. The firm’s Greater China investment team will continue to operate under the leadership of Andrew Li, ensuring continuity in its local investment strategy.
The firm currently operates nearly 40 investment professionals across Asia Pacific, with offices in Hong Kong, Shanghai, Mumbai, Tokyo, and Sydney. Its recent expansion includes the opening of a Tokyo office in January 2026 and a Sydney office in 2024, further strengthening its regional footprint.
Advent, which manages more than $100 billion in assets globally, continues to focus on five core sectors: business and financial services, consumer, healthcare, industrial, and technology. The firm emphasized that its expanded Hong Kong hub will play a key role in supporting its long-term growth strategy across Asia Pacific.
KEY QUOTES:
“Asia Pacific is a priority market within Advent’s global strategy, offering substantial opportunities for private capital investment in high-quality companies with strong growth potential. Our hub in Hong Kong equips us to better serve our investors with agility, local expertise, and the high standard of service they deserve from us. Hong Kong is a critical component of Advent’s broader Asia Pacific strategy, sitting at the intersection of global capital, regional markets, and dealmaking opportunity. Hong Kong solidifies our regional platform and complements our long-standing investment abilities in Greater China, thereby supporting Advent’s execution of its ambition consistently across Asia Pacific.”
Shweta Jalan, Managing Partner And Head Of Asia Pacific, Advent International & Andrew Li, Managing Director And Head Of Greater China, Advent International
“Gaining our license for our Hong Kong office reflects the importance of having direct operations in one of the region’s leading financial centres and reinforces Hong Kong’s role as the key nexus for Advent’s Asia Pacific investor engagement and investing acumen.”
Xiaoni Shi, Managing Director And Head Of Investor Relations, Asia Pacific, Advent International
