StashAway launches private market funds with monthly liquidity
The new funds are positioned as alternatives to traditional private market vehicles.
StashAway has introduced two new semi-liquid private market portfolios — Private Infrastructure and Private Equity — for investors in Hong Kong and Singapore.
The offerings aim to provide broader access to private markets with lower investment minimums, monthly liquidity, and cost-effective fees.
The portfolios are managed by Hamilton Lane, a global private markets investment firm with $7.47t (US$956b) in assets under management. Both portfolios target high-net-worth individuals (HNWIs) classified as Professional Investors.
The new funds are positioned as alternatives to traditional private market vehicles, which typically require high capital commitments and long lock-up periods of 10 to 15 years.
In contrast, StashAway’s portfolios offer monthly liquidity after an initial lock-up and charge lower fees — a 0.5% platform fee in addition to fund-level fees, compared to private banks that may charge up to 3.5%.
Private infrastructure and credit markets are drawing increasing interest from HNWIs, with asset-class level return targets of 10–12% per annum.
According to StashAway, adding a 10% allocation to private infrastructure to a standard 60/40 portfolio between 2014 and 2024 would have improved overall returns by 5.3% and reduced volatility by 10.6%.