2007
Year of establishment
Pan-Asia
Offices in Singapore
and Hong Kong
(MAS and SFC licensed)
US$1b+
Completed and
ongoing investments
EXS is an experienced investment manager that
invests private equity style into real estate businesses
A prominent “Developer of Developers” since its inception in 2007,
EXS expanded its focus into "Social Real Estate" in 2019
Social Real Estate ("SRE") businesses are innovative social property platforms
which include niche hospitality, creative/flexible workspace, co-living, student housing, and other new sharing-economy, tech-enabled, community &
experience-oriented real estate business models
Previously overfunded and mismanaged by VCs, SRE valuations are now correcting, presenting opportunities to take control at significant discounts
Our unique OpCo/PropFund strategy gives investors flexibility to capture
superior returns and yields, with redeemable convertible loans as
investment instrument, providing downside protection and upside potential
EXS successfully deployed capital for and into investees and will continue
to aid investees’ long-term success and invest in future opportunities
STRATEGY
Strong track record of successful partnerships with both management teams and investors, with over US$1 billion of completed and ongoing investments across Asia
Our goal is to support and grow our portfolio companies to become global market leaders
SOCIAL REAL ESTATE
Social Real Estate ("SRE") businesses blend elements of property, hospitality and technology
to appeal to mainstream adoption, offering flexibility, convenience, community and experience
at a lower occupancy cost, fueled by sharing economy and technology.
Co-Working
Co-Living
Fitness & Wellness
Niche Hospitality
Vacation Rental
Student Housing
SRE is at a particularly opportunistic inflection point. Valuations are finally
declining as investors realize these are not tech businesses, ironically,
despite strong continuing fundamental growth in underlying demand.
ONGOING PROJECTS
Project Voyager
EXS is leading several rounds of investment into Mad Monkey, the largest hostel operator in Southeast Asia. The company adopts a community-led hospitality business model and provides customers with a differentiated experience in a highly fragmented market.
Project Harmony
EXS is leading the investments into the largest creative space provider globally with 730+ studios, offering independent artists and musicians studio space, equipment and tools to rehearse, create content and record high quality music, ultimately monetizing their talents and content.
PIRATE.COM
Project ZOEYI
EXS is sponsoring ZOEYI, an integrated fitness, nutrition and wellness community ecosystem with physical spaces and online presence across Asia. The business provides fitness and wellness consulting and coaching services.
DEVELOPER OF DEVELOPERS
A pioneer of investing into Asian real estate businesses and platforms,
EXS’ “Developer of Developers” strategy supports premier real estate investment
and development companies to grow into regional market leaders.
REALIZED INVESTMENT
Project Lemongrass
EXS identified SonKim Land in 2012, despite a challenging macroeconomic environment, we recognized the long-term potential and growth opportunities within the Vietnamese economy. The team ultimately led multiple rounds of investments totaling US$184 million into the company and fully realized all investments with strong returns for its investors.
EXS employs a highly differentiated strategy and structure
Highly aligned with our investors, we invest our own capital first in every deal
PRINCIPLES
People & platforms, not just assets
Contrarian &
counter-cyclical
Skin in the game
Alignment & transparency
Investment structures for Asian volatility
Bigger, better exits
TEAM
Multi-disciplinary team with broad experience across Asian markets, industries and investment strategies
ENTREPRENEURS
EXS seeks long-term partnerships with expert management teams to build companies of lasting value and create significant wealth for founders, management and investors
Partnership & Entrepreneurship
EXS is an experienced, aligned and active investment partner with a clear vision to support our management teams to build market leaders
Long-Term Capital Partners
Access to long-term capital to support business expansion, weather market downturns and position the company for optimal value realization
More Upside Potential for Founders
Our flexible capital can be deployed quickly and is structured to drive growth with minimal dilution to founders & management
ESG
EXS's ongoing investments have strong dedication to ESG,
and contribute significantly to their local communities
Responsible Investment
EXS has rigorous due diligence process, including ESG factor assessment. We endeavor to avoid material environmental, social or government risks in our investments
Sustainable Private Equity Real Estate
Social Real Estate businesses are inherently ESG-friendly by their very nature, with sharing of spaces and resources among users
We aim to minimize environmental impact throughout the real estate investment and operation cycle through our business partners and investee companies
LICENSES
MONETARY AUTHORITY OF SINGAPORE
EXS Capital Pte. Ltd. is licensed by the Monetary Authority of Singapore under the Securities and Futures Act to conduct Fund Management under the Capital Markets Services License
CAYMAN ISLANDS MONETARY AUTHORITY
EXS Capital Limited is registered with the Cayman Islands Monetary Authority as a Registered Person
EXS is licensed & authorized for business activities in its relevant jurisdictions
ESTATE AGENTS AUTHORITY
EXS Property Limited is licensed by the Hong Kong Estate Agents Authority
SECURITIES AND FUTURES COMMISSION
EXS Capital Asia Limited is licensed by the Hong Kong Securities & Futures Commission for Type 4 (Advising on Securities), Type 6 (Advising on Corporate Finance) and Type 9 (Asset Management)