Kelvin Lee, Alta
Kelvin Lee, Alta
21 March 2023
Under the Radar: Conversation with Southeast Asia’s largest digital marketplace for alternative investments Alta; How ongoing financial volatility has impacted demand for alternative investments; Learnings from rising rates and diversification of customer base of PE investors and VC funds; Partnership with Iwan Tirta Private Collection to bring batiks to the world of investible alternatives; Alta’s new venture debt strategy with Lighthouse Canton
If you recall, we spoke with used car marketplace Carro some time last month. Today we’re going to bring you an inside look into yet another marketplace - but for alternative investments.
According to the company, Alta is Southeast Asia’s largest digital marketplace for alternative investments ranging from direct investments to late stage private companies, private equity and VC funds, asset backed securities of luxury assets, real estate and more.
Since 2016, the marketplace has completed over 1,000 transactions valued in excess of US$600 million and has created access for investors to invest in over US$22 billion worth of mandated opportunities globally.
But the question is - how will the ongoing turmoil in the global financial sectors and the collapse of Silicon Valley Bank affected demand for alternative investments on the platform? And what does this mean for Alta in screening investment opportunities available on its platform?
On Under the Radar, Drive Time’s finance presenter Chua Tian Tian posed these questions to Kelvin Lee, Co-Founder and Chief Executive Officer, Alta.
Download this podcast.