Akasha Capital
Family Office & Corporate Advisory
Focused on natural resources, infrastructure, life science, and high-growth opportunities with an Asian perspective
Introduction
Akasha Capital is both a family office and a corporate advisory, established in Hong Kong in 2014. We focus on natural resources, infrastructure, life science, high-growth deals with an Asian angle.
Akasha leverages its team of highly experienced investment professionals and their network to uncover and gain access to opportunities that are restricted to others. We deliver a full-service client team with complementary deal sourcing, structuring, financial analysis, execution, and investor syndication capabilities.
Three Core Themes
Real Assets
Investment in real assets to combat inflationary pressures
Commodities
Strategic focus on commodities and natural resources
Asian Markets
Resurgence of emerging Asian markets with high-growth opportunities
Investment Themes
Real Assets
- Long-term decline in value of currencies due to overuse of printing press
- China, Russia, and India diversifying into hard assets
- PE opportunities through SOE partnerships
- Access to Chinese banks for acquisition financing
Commodity Focus
- Clean energy driving decarbonization of global economy
- Dramatic shift in global demographics and emerging market growth
- Supply limitations becoming more pronounced
- Active management style favoring high-quality companies
China & Asia
- Major players: China and India on demand side
- Supply from Africa, Australia, Indonesia, Mongolia, Russia
- Urbanization and consumption driving opportunities
- New technology and business models triggering consolidation
The Akasha Advantage
Multi-Disciplinary Team
Deep, multi-cultural talent pool across asset classes and industries. Team track record covers various sectors and key global markets in origination, investment selection, technical expertise, structuring, and exit.
High Quality Pipeline
High quality pipeline generated through longstanding relationships with local promoters, key decision makers, and market participants. Knowledge of rapidly changing local landscape critical to sourcing high quality deals.
Strategic Partners
Strong partnerships with strategic investors with hands-on operational involvement and strong governance. Establish symbiotic relationships with key stakeholders by aligning interests to optimize visibility over investment lifecycle.
Risk Management & Controls
Prudent investment screening and selection process with deep dive into due diligence to identify investment opportunities. Credit risk mitigation through strong technical expertise and structuring capabilities.
Clear Pathway For Exit
Credit investments inherently have a defined maturity. Our team provides a successful track record of asset sales, IPOs, and various exits—providing views on repayment events and monetization from upside sharing.
Our Team
Collectively, our team has expertise in origination, structuring, analysis, and fundamental evaluation that complement each other through the investment lifecycle.
Alex Sun (孫肖)
Alex Sun is founder of Hong Kong-based Akasha Capital, an investment holding company established in 2014 with interests in arts and sports, clean energy, and real estate. Prior to founding Akasha, she spent 6 years as Managing Director at Mount Kellett, a spin-off of Goldman Sachs' Asia Special Situations Group (ASSG). Alex joined the fund at its inception in June 2008 as Head of Sourcing for Global Commodity.
Key Achievements
- Led investment in Nui Phao, now the largest tungsten producer outside China
- Led various oil and gas transactions in North America and Asia
- Co-founder of ChinaOne, the first China-flagged sailing team attempting America's Cup
Education
Shanghai Normal University (Political Science & Commerce), MBA from Wilfrid Laurier University
Experience
Goldman Sachs (Mount Kellett) • BMO Nesbitt Burns • Research Capital
Will Coverdale
18+ years' experience providing technical and investment advisory services to various mining companies and mining investment funds including Newcrest, Goldfields, BHP, Barrick-Newmont, Resolute, Zhaojin, and Thor Exploration.
Newcrest • BHP • Barrick-Newmont • Goldfields
Simon Francis
Highly-rated former Research Analyst covering Metals & Mining at international investment banks including HSBC, Samsung Securities, Credit Suisse, and Nomura. Consistently ranked at the top by AsiaMoney and Greenwich. Founded Orior Capital where he advised numerous ASX and TSX mining and engineering companies on strategy and fundraisings.
HSBC • Samsung Securities • Credit Suisse • Orior Capital
Combined Experience at Reputable Institutions
Track Record
TSX-Listed Potash Mining Company
OngoingRaised late-stage development capital for a TSX-listed potash mining company
PTT Thailand LNG Infrastructure
Advised PPT-led Thai consortium to form JV for LNG FSRU and 70km transmission pipeline. Capacity: 5MMTPA with 3MMTPA for EGAT power plant.
5 MMTPA
Photovoltaic Solar Start-ups
Raised seed funding for cluster of PV solar start-ups including Suntech (STP Nasdaq) and JA Solar (002459), now global leaders in solar manufacturing.
$40M
2005-2007
K92 Gold-Copper Project (PNG)
Instrumental during technical due diligence phase of Barrick-owned K92 project. Acquired by Canadian company, now listed on TSX.
C$1.92B Market Cap
Masbate Gold Mine (Philippines)
Involved in successful expansion from 150koz to 200koz gold per annum. Acquisition by B2Gold from CGA Mining.
C$1.1B Acquisition
Portfolio
ChinaOne Ningbo
The first China-flagged sailing team competing in World Match Racing events. Co-founded by Alex Sun in 2016, the team has won regattas in Australia, Sweden, and Russia, and is a candidate for the 2022 Asian Games.
- First China-flagged team in World Match Racing Tour
- Partnership with Ningbo government
- Goal: America's Cup or Volvo Ocean Race
Masan Resources
Largest tungsten producer outside China, operating the Nui Phao poly-metallic mine in Vietnam.
Lynas Rare Earths
World's largest rare earth producer outside China, critical supplier for clean energy transition.
Lake Resources
Lithium exploration company in Argentina's lithium triangle with revolutionary extraction technology.
Suntech / JA Solar
Global leaders in photovoltaic solar products manufacturing and distribution.
Contact
For investment inquiries and partnership opportunities, please reach out to our team.
Location
6th Floor, Wyndham Place
44 Wyndham Street, Central, Hong Kong