Asante Capital Group: Celebrating 2023 Achievements and Expanding Global Team

2023 was a remarkable year for Asante Capital Group, a leading independent private equity placement and advisory group. Despite the challenging fundraising environment, Asante continued its success by supporting 43 fund closes worldwide, surpassing their targets in various sectors. The group's achievements include closing funds such as Equip Capital II, Gemspring Capital Fund III, Norvestor IX SCSp, and Whitehorse Fund V. Moreover, Asante raised over $2 billion USD from the APAC region, solidifying its global presence.

In addition to their fundraising success, Asante experienced significant internal growth, with the promotion of five new managing directors and the expansion of its global team to over 70 professionals. The Munich and Hong Kong offices doubled in size, and a new team was established in Los Angeles, further connecting GPs from different markets with capital sources worldwide.

Asante also strengthened its secondaries offerings, advising on successful fund closes for Maguar Continuation Fund I and BPOC's first continuation fund. The team expanded its capabilities with the promotion and relocation of Sam Cantor to New York, focusing on dedicated secondaries activities in the US.

Thought leadership is another aspect that sets Asante apart. The firm hosted the Asante Summer Series, where experts from the private equity industry discussed current market trends, considerations, and challenges. These roundtable discussions provided valuable insights for GPs and LPs in navigating the market.

Apart from their professional accomplishments, Asante continues to support the Asante Africa Foundation, a charitable organization dedicated to providing childhood education in Africa. The team has committed to multiple volunteer days in their major hubs around the world.

Fraser van Rensburg, co-founder and Managing Partner at Asante, expressed pride in their track record and commitment to delivering the best solutions for clients worldwide. He emphasized their determination to continue this momentum in 2024, offering creative and hands-on solutions to their GP clients.

Warren Hibbert, co-founder and Managing Partner at Asante, highlighted their unique capabilities, ranging from their market understanding to specialized regional expertise. He expressed enthusiasm for the future, as they deepen their commitment to being a trusted, independent advisor and partner.

About Asante Capital Group

Asante Capital Group is a leading independent private equity placement and advisory group, founded in 2010. With offices in London, New York City, Los Angeles, Hong Kong, and Munich, Asante has advised on over $80 billion of successful private capital raisings worldwide. Their expertise lies in GP advisory and fundraising support across primary, direct, and secondary investments.

In conclusion, Asante Capital Group's achievements in 2023 demonstrate their ability to navigate the challenging fundraising environment and provide valuable solutions to their clients. With a growing global team and enhanced capabilities, Asante is positioned for continued success in 2024 and beyond.