THE HONGKONG AND SHANGHAI BANKING CORPORATION LIMITED

SINGAPORE, Singapore

Funds Served

238

Total GAV

$806.9B

Funds

Fund Name	Adviser	Type	GAV
HILLHOUSE VENTURE FUND VI, L.P.	HILLHOUSE INVESTMENT MANAGEMENT, LTD.	Private Equity Fund	$1.7B
AFFINITY ASIA PACIFIC FUND IV L.P.	AFFINITY EQUITY PARTNERS LIMITED	Private Equity Fund	$1.7B
VÄRDE INVESTMENT PARTNERS, L.P.	VARDE MANAGEMENT, L.P.	Hedge Fund	$1.6B
VÄRDE INVESTMENT PARTNERS (OFFSHORE) MASTER, L.P.	VARDE MANAGEMENT, L.P.	Hedge Fund	$1.5B
GAIP 2019 (BERMUDA) AIV, L.P.	GENERAL ATLANTIC SERVICE COMPANY, L.P.	Private Equity Fund	$1.5B
VÄRDE INVESTMENT PARTNERS, L.P.	VARDE MANAGEMENT, L.P.	Hedge Fund	$1.4B
VARDE INVESTMENT PARTNERS, L.P.	VARDE MANAGEMENT, L.P.	Hedge Fund	$1.4B
VARDE INVESTMENT PARTNERS, L.P.	VARDE MANAGEMENT, L.P.	Hedge Fund	$1.4B
VÄRDE INVESTMENT PARTNERS (OFFSHORE) MASTER, L.P.	VARDE MANAGEMENT, L.P.	Hedge Fund	$1.3B
VARDE INVESTMENT PARTNERS (OFFSHORE) MASTER, L.P.	VARDE MANAGEMENT, L.P.	Hedge Fund	$1.3B
VARDE INVESTMENT PARTNERS (OFFSHORE) MASTER, L.P.	VARDE MANAGEMENT, L.P.	Hedge Fund	$1.3B
AFFINITY ASIA PACIFIC FUND IV (NO.2) L.P.	AFFINITY EQUITY PARTNERS LIMITED	Private Equity Fund	$1.2B
NINE MASTS INVESTMENT FUND	NINE MASTS CAPITAL LIMITED	Hedge Fund	$1.1B
NINE MASTS INVESTMENT FUND	NINE MASTS CAPITAL LIMITED	Hedge Fund	$1.1B
GENERAL ATLANTIC INVESTMENT PARTNERS SCSP SICAV-RAIF SUB FUND 2021	GENERAL ATLANTIC SERVICE COMPANY, L.P.	Private Equity Fund	$1.1B
HILLHOUSE HEALTHCARE FUND, L.P.	HILLHOUSE INVESTMENT MANAGEMENT, LTD.	Private Equity Fund	$1.1B
HILLHOUSE HEALTHCARE FUND, L.P.	HILLHOUSE INVESTMENT MANAGEMENT, LTD.	Private Equity Fund	$1.1B
AZENTUS GLOBAL OPPORTUNITIES MASTER FUND LIMITED	AZENTUS CAPITAL MANAGEMENT LIMITED	Hedge Fund	$1B
NOBEL FUND I, L.P.	HILLHOUSE INVESTMENT MANAGEMENT, LTD.	Private Equity Fund	$953.5M
NOBEL FUND I, L.P.	HILLHOUSE INVESTMENT MANAGEMENT, LTD.	Private Equity Fund	$953.5M
THE VÄRDE FUND XII (MASTER) L.P.	VARDE MANAGEMENT, L.P.	Hedge Fund	$901.2M
FUND 5.1	NORTHERN LIGHT VENTURE CAPITAL DEVELOPMENT LIMITED	Venture Capital Fund	$892.2M
IS5	IDG VC MANAGEMENT LTD.	Venture Capital Fund	$817.5M
XIANG HE FUND I, L.P.	EMPOWER HARVEST MANAGEMENT SERVICES, INC.	Venture Capital Fund	$817.4M
HILLHOUSE CLIMATE FUND, L.P.	HILLHOUSE INVESTMENT MANAGEMENT, LTD.	Private Equity Fund	$810.6M