Carret Private Capital Limited
Majority shareholder (acquired majority stake, October 2022) Endowus
Hong Kong multi-family office and independent wealth manager for UHNW families, founded 2016; SFC-licensed (Types 1, 4, 9); majority-owned by Endowus since 2022.
USEFUL FOR Co-investors
Identity
- HEADQUARTERS
- Wan Chai, Hong Kong
- FOUNDED
- 2016
Investment approach
- ROUTES
- Companies (own capital)
- STRATEGIES
- Public equitiesDirect investments
Overview
Carret Private, founded in Hong Kong in 2016, describes itself as a multi-family office providing wealth management and investment solutions to ultra-high-net-worth families, with client portfolios held at independent custodians. Its licensed entity Carret Private Capital Limited is described as an independent asset manager licensed by the SFC for Types 1, 4 and 9. It also reports principal investing, with a subsidiary making direct investments in private mid-market companies since 2007. Singapore-based Endowus acquired a majority stake in October 2022; Carret Private holds a minority stake in Lumen Capital Investors.
Investment thesis
Value investing in the tradition of Philip L. Carret: 'Buy values, not fancy names.'
Holdings & investments
INVESTMENT ARMS & VEHICLES
- Minority shareholding (Singapore multi-family office)
People
Frequently asked questions
Carret Private Capital Limited is a multi family office based in Wan Chai, Hong Kong, founded in 2016.
Carret Private Capital Limited invests its own capital into companies. Its stated asset mix includes public equities and direct investments.
Key people at Carret Private Capital Limited include Kenneth Ho (Managing Partner), Mervyn Chow (Advisory Board Member), Meenakshi Amarnani (Executive Director - Relationship Manager) and Samuel Lee (Co-founder and Managing Partner).