Jade Partners is the founder and the manager of the ALLY KEX Private Equity Trust, Thailand’s first real estate private equity trust which utilises Thailand’s Trust for Transactions in Capital Market Act B.E. 2550 (2007).

ALLY Global Management is a leading private real estate investor that has an asset portfolio around the world stretching over USD 1.3 billion worth of assets under management. The three founding partners at Jade Partners were formerly part of the ALLY Group. Today, Jade Partners now operates independently. Our first trust shall retain the ALLY KEX brand, showcasing our commitment to a legacy of expertise and success.

Jade Partners and ALLY Group still maintain a strong relationship and continue to seek future growth and synergy opportunities together.

Thailand’s Trust law (Thailand’s Trust for Transactions in Capital Market Act B.E. 2550) was drafted with an aim of providing alternative avenues for Thai start-ups to secure funding from the market be it through investment angels or venture capitalists (VCs). The roles and responsibilities of the Trust Managers under this Trust structure mirror those in other Private Equity structures from deal sourcing, funding to daily operational management.

It is true that currently most private equity firms in Thailand have opted for other structures such as incorporation of an SPV with class shares structure, or an off-shore structure in Singapore.

We believe that by utilising this structure, we have set ourselves apart, providing an added layer of protection and transparency to investors. From the inception stage to operational phases, oversight is provided not only by the Trust’s own framework, which mandates the establishment of an independent trustee, custodian, and an Investment Committee (IC) formed by each trust’s lead investors, but also by the Thai Securities and Exchange Commission (SEC). This dual oversight ensures a robust and secure environment for investors.

As of today, Jade Partners assumes the role of Managers for two distinct Private Equity Trusts. The ALLY KEX Private Equity Trust is dedicated to last-mile financing for residential projects within Bangkok, Thailand, while the Jade Commercial PE Trust (JCPET) specialises in revitalising hospitality and commercial real estate across the country. Each Trust is endowed with a specific mandate, delineating its scope of investments.

Currently, none of our Trusts has the mandate to invest beyond the boundaries of Thailand.

Please use the Contact Us page for more details on how you can reach us or alternatively, reach out to info@jade.partners.

To invest in Jade Partners’ investment products, an investor must be a High Networth Individual (HNI) defined by the Thai SEC as an individual or a juristic investor, with net assets of at least THB 30 million, annual income of at least THB 3 million, or gross direct investment in securities and derivatives of at least THB 8 million (or THB 15 million if cash deposits are aggregated).

Please directly reach out to us via the Contact Us page so we can assist you to invest with us, or alternatively reach out to info@jade.partners.