The Ascent Group

𝗧𝗵𝗲 𝗔𝘀𝗰𝗲𝗻𝘁 𝗚𝗿𝗼𝘂𝗽 𝗦𝘂𝗽𝗽𝗼𝗿𝘁𝘀 𝗙𝘂𝗻𝗱 𝗠𝗮𝗻𝗮𝗴𝗲𝗿𝘀 𝘁𝗼 𝗖𝗼𝗻𝗻𝗲𝗰𝘁 𝘁𝗼 𝗡𝗲𝘄 𝗧𝗮𝗿𝗴𝗲𝘁 𝗜𝗻𝘃𝗲𝘀𝘁𝗼𝗿𝘀 🌟   For offshore managers, negotiating distribution and fund set-up in a new jurisdiction can be challenging and time consuming. With The Ascent Group at your side, unlocking the #Australian wholesale investor market has never been more straightforward.   📘 Dive into our exclusive #eBook: "Australian Alternative Investment Vehicle (AAIV): Australia Feeder Fund"   🔍 Sneak Peek: ● Australia's superannuation and wealth industries: What's driving this multi trillion-dollar market? ● Emerging trends: Beyond ESG, to the global allocation in private credit/debt, private equity, unlisted property, and more. ● AAIV Unveiled: Our collaboration with The SILC Group. How can it reshape your entry strategy into Australia?   Why #AAIV? ✔️ Bespoke solutions, fine-tuned for offshore fund managers. ✔️ Streamlined, economical, and above all, compliant. ✔️ Access to Australia's thriving capital ecosystem.   Curious about tapping into Australia's vast investor potential? The roadmap awaits inside.   📥 Want the full insights? eBook available for direct download in this post. Unlock the future of international investments in Australia. #AscentAustralia Eric Koolen | Alan O'Brien #TheAscentGroup Kaushal Mandalia | Jaideep Mukhariya | Samuel Chen #AIMA #APRA #ASIC #AlternativeInvestments #Asia #AssetManagement #AssetManagers #Banking #BusinessFinance #CapitalMarkets #Compliance, #FSC, #FinancialCompliance, #FinancialIndustry #FinancialPlanning #FinancialServices #Investing, #Investment #InvestmentManagement #InvestmentStrategy #MEIMA #PortfolioManagement #PrivateEquity #RiskManagement #RiskMitigation #StrategicPlanning #Superannuation #VentureCapital #WealthManagement

🇮🇳 𝗛𝗮𝗽𝗽𝘆 𝟳𝟴𝘁𝗵 𝗜𝗻𝗱𝗲𝗽𝗲𝗻𝗱𝗲𝗻𝗰𝗲 𝗗𝗮𝘆, 𝗜𝗻𝗱𝗶𝗮! Today, we proudly celebrate 78 years of independence, a day that reminds us of the strength and resilience of the people of India. Here at The Ascent Group, we are grateful for the opportunity to work alongside our incredible team in India and our valued stakeholders around the world. Your commitment and hard work are what continues to drive our success. Wishing everyone a joyful and proud Independence Day. Let's continue to move forward with the same spirit of freedom and unity. 𝗛𝗮𝗽𝗽𝘆 𝗜𝗻𝗱𝗲𝗽𝗲𝗻𝗱𝗲𝗻𝗰𝗲 𝗗𝗮𝘆! Our India team leaders: Jayesh Khaitan | Yogeshh Darji

📢 𝗕𝗶𝗴 𝗡𝗲𝘄𝘀! We are thrilled to announce that Zayd Soopun, our Managing Director in Mauritius, will be a speaker at the 𝟰𝘁𝗵 𝗜𝗻𝗱𝗶𝗮-𝗔𝗳𝗿𝗶𝗰𝗮 𝗘𝗻𝘁𝗿𝗲𝗽𝗿𝗲𝗻𝗲𝘂𝗿𝘀𝗵𝗶𝗽 𝗮𝗻𝗱 𝗜𝗻𝘃𝗲𝘀𝘁𝗺𝗲𝗻𝘁 𝗦𝘂𝗺𝗺𝗶𝘁! This amazing event will take place from July 18-19, 2024, at the beautiful Intercontinental Resorts in Balaclava, Mauritius. It's a fantastic opportunity to learn about the latest in investment management, discover new opportunities, and connect with top industry leaders. Zayd will be sharing valuable insights and strategies in fund administration that you won’t want to miss. The summit will bring together entrepreneurs, investors, and policymakers from #India and #Africa to discuss collaboration, innovation, and growth in various sectors. 🗓️ 𝗗𝗮𝘁𝗲: July 18-19, 2024 📍 𝗟𝗼𝗰𝗮𝘁𝗶𝗼𝗻: Intercontinental Resorts, Balaclava, Mauritius 🔗 𝗘𝘃𝗲𝗻𝘁 𝗗𝗲𝘁𝗮𝗶𝗹𝘀: https://lnkd.in/g7mrgxx4 Don't miss out on this exciting event! We can’t wait to see you there! The Ascent Group Kaushal Mandalia | Jaideep Mukhariya | Samuel Chen

I'm attending the #startupsphere event in Bangalore from 27-29 June 2024. Click here to register: https://lnkd.in/gaV8pmFa See you there #ICAIStartupSphere2024 The Ascent Group I Jayesh Khaitan

We’re excited to share that The Ascent Group has been recognized by the Malaysian VC & PE Association (MVCA) for our role in the Securities Commission's Practical Guide on Venture Capital and Private Equity in Malaysia. 𝗛𝗲𝗿𝗲'𝘀 𝘁𝗵𝗲 𝗴𝘂𝗶𝗱𝗲: 📄 https://lnkd.in/gKgD5FMw This guide is set to be a great resource for fund managers, providing clear and practical insights into the VC and PE domain in Malaysia – and it's going to cover: • 𝗥𝗲𝗴𝘂𝗹𝗮𝘁𝗶𝗼𝗻𝘀 & 𝗥𝗲𝗴𝗶𝘀𝘁𝗿𝗮𝘁𝗶𝗼𝗻: Understanding the capital market regulations governing VC and PE activities, the SC's registration framework, and exemptions. • 𝗙𝘂𝗻𝗱 𝗦𝘁𝗿𝘂𝗰𝘁𝘂𝗿𝗶𝗻𝗴: Exploring fund vehicles, structures, and essential documentation. • 𝗙𝗼𝗿𝗲𝗶𝗴𝗻 𝗘𝘅𝗰𝗵𝗮𝗻𝗴𝗲 𝗣𝗼𝗹𝗶𝗰𝘆: Navigating applicable rules for PE firms. • 𝗧𝗮𝘅 𝗠𝗮𝘁𝘁𝗲𝗿𝘀: Insights into taxation in Malaysia (excluding Labuan) and available tax incentives. • 𝗙𝘂𝗻𝗱 𝗠𝗮𝗻𝗮𝗴𝗲𝗺𝗲𝗻𝘁 𝗢𝗽𝗲𝗿𝗮𝘁𝗶𝗼𝗻𝘀: Roles of legal counsel, fund administrators, auditors, custodians, and more. • 𝗙𝘂𝗻𝗱 𝗠𝗮𝗿𝗸𝗲𝘁𝗶𝗻𝗴: Strategies for identifying capital sources and navigating the fundraising process. Making fund management more accessible and efficient is something we’re proud to support. Big shoutout to Kshitij Agarwal for his incredible work on this project. We're lucky to have such a key player on our team. 𝗙𝗼𝗿 𝗺𝗼𝗿𝗲 𝗱𝗲𝘁𝗮𝗶𝗹𝘀, 𝗰𝗵𝗲𝗰𝗸 𝗼𝘂𝘁 𝘁𝗵𝗲 𝗼𝗿𝗶𝗴𝗶𝗻𝗮𝗹 𝗠𝗩𝗖𝗔 𝗽𝗼𝘀𝘁 𝗯𝗲𝗹𝗼𝘄.

We’re excited to invite you to our upcoming webinar, co-organized with 𝙋𝙧𝙞𝙘𝙚 𝙒𝙖𝙩𝙚𝙧𝙝𝙤𝙪𝙨𝙚 & 𝘾𝙤 𝙇𝙇𝙋, on 𝗝𝘂𝗻𝗲 𝟭𝟵, 𝟮𝟬𝟮𝟰, 𝗮𝘁 𝟮:𝟬𝟬 𝗣𝗠 𝗜𝗦𝗧. Join us as we explore the unique opportunities for NRIs and fund managers in GIFT IFSC. This is a great chance to gain insights from experts and learn how to make the most of these opportunities. 𝗢𝘂𝗿 𝘀𝗽𝗲𝗮𝗸𝗲𝗿𝘀: • Jayesh Khaitan (Managing Director, The Ascent Group) will discuss "𝘜𝘯𝘭𝘰𝘤𝘬𝘪𝘯𝘨 𝘗𝘰𝘵𝘦𝘯𝘵𝘪𝘢𝘭: 𝘌𝘹𝘱𝘭𝘰𝘳𝘪𝘯𝘨 𝘎𝘐𝘍𝘛 𝘊𝘪𝘵𝘺’𝘴 𝘖𝘱𝘱𝘰𝘳𝘵𝘶𝘯𝘪𝘵𝘪𝘦𝘴 & 𝘌𝘤𝘰𝘴𝘺𝘴𝘵𝘦𝘮" • Suresh Swamy (Partner, Price Waterhouse & Co LLP) will share "𝘚𝘵𝘳𝘢𝘵𝘦𝘨𝘪𝘤 𝘐𝘯𝘴𝘪𝘨𝘩𝘵𝘴: 𝘖𝘱𝘱𝘰𝘳𝘵𝘶𝘯𝘪𝘵𝘪𝘦𝘴 𝘧𝘰𝘳 𝘕𝘙𝘐𝘴 & 𝘍𝘶𝘯𝘥 𝘔𝘢𝘯𝘢𝘨𝘦𝘳𝘴 𝘪𝘯 𝘎𝘐𝘍𝘛 𝘐𝘍𝘚𝘊" • Ninad Lendhe (Head of Operations - AIFs, The Ascent Group) will cover "𝘊𝘰𝘮𝘱𝘳𝘦𝘩𝘦𝘯𝘴𝘪𝘷𝘦 𝘚𝘰𝘭𝘶𝘵𝘪𝘰𝘯𝘴: 𝘛𝘩𝘦 𝘈𝘴𝘤𝘦𝘯𝘵 𝘎𝘳𝘰𝘶𝘱'𝘴 𝘍𝘶𝘯𝘥 𝘈𝘥𝘮𝘪𝘯𝘪𝘴𝘵𝘳𝘢𝘵𝘪𝘰𝘯 𝘌𝘹𝘱𝘦𝘳𝘵𝘪𝘴𝘦 & 𝘌𝘯𝘥-𝘵𝘰-𝘌𝘯𝘥 𝘊𝘢𝘱𝘢𝘣𝘪𝘭𝘪𝘵𝘪𝘦𝘴" Register now: https://lnkd.in/gmssCUHM 𝗙𝗼𝗿 𝗺𝗼𝗿𝗲 𝗱𝗲𝘁𝗮𝗶𝗹𝘀, 𝗽𝗹𝗲𝗮𝘀𝗲 𝗰𝗼𝗻𝘁𝗮𝗰𝘁 Yogeshh Darji. Looking forward to seeing you there!

📢 𝗧𝗼𝗱𝗮𝘆 𝗶𝘀 𝘁𝗵𝗲 𝗱𝗮𝘆! #Consensus2024 𝗸𝗶𝗰𝗸𝘀 𝗼𝗳𝗳 𝗶𝗻 𝗔𝘂𝘀𝘁𝗶𝗻, 𝗧𝗲𝘅𝗮𝘀! 📢   Venki Subramanian CA,CAIA and Bert McCooey are excited to connect with all of you to explore the latest trends and technologies in the crypto & blockchain space.   This year’s event features an impressive lineup of speakers (among many others) will provide insights into regulatory changes, decentralized finance (DeFi), the emergence of Web3 and the metaverse, institutional adoption, and blockchain for social good. Here are a few names to look out for:  ▸ Catherine Wood: CEO at ARK Investment Management LLC ▸ Mike Novogratz: Principal CEO at Galaxy ▸ Sergey Nazarov: Co-Founder at Chainlink Labs ▸ Brad Garlinghouse: CEO at Ripple ▸ and many, many more!   🎤 𝗙𝗲𝗮𝘁𝘂𝗿𝗲𝗱 𝗦𝗲𝘀𝘀𝗶𝗼𝗻𝘀 𝘁𝗼 𝗪𝗮𝘁𝗰𝗵: We're looking forward to inspiring keynote panels featuring leading voices in the industry discussing the future of digital assets. You definitely won’t want to miss the networking events, where you’ll be able to grow your very own professional network.   🤝 𝗖𝗼𝗻𝗻𝗲𝗰𝘁 𝘄𝗶𝘁𝗵 𝗨𝘀: Attending Consensus 2024? Venki and Herbert would love to hear from you. Reach out to them directly to schedule a meeting, or catch up with them at the event!

📢 𝗧𝗵𝗲 𝗔𝘀𝗰𝗲𝗻𝘁 𝗚𝗿𝗼𝘂𝗽 𝗶𝘀 𝗛𝗲𝗮𝗱𝗶𝗻𝗴 𝘁𝗼 𝗖𝗼𝗻𝘀𝗲𝗻𝘀𝘂𝘀 𝟮𝟬𝟮𝟰!   We are thrilled to announce that Venki Subramanian CA,CAIA and Bert McCooey from The Ascent Group will be attending #Consensus2024 in Austin, Texas, from May 29-30.   #Consensus2024, hosted by CoinDesk, is the world’s largest and most influential gathering of the #cryptocurrency, #blockchain, and #Web3 community. This event brings together industry leaders, innovators, policymakers, and experts from around the globe for three days of engaging discussions, networking opportunities, and the latest in crypto trends and technologies.   This year’s event promises to be bigger and better, featuring a diverse range of topics that are shaping the future of the industry. From regulatory changes and decentralized finance to the emergence of Web3 and the metaverse, Consensus 2024 is the place to be for the future of digital assets and blockchain technology.   🌟 𝗘𝘃𝗲𝗻𝘁 𝗛𝗶𝗴𝗵𝗹𝗶𝗴𝗵𝘁𝘀:   ⮞ Regulation & Policy: Explore how evolving regulations are shaping the future of the crypto industry. Engage with key policymakers and understand the implications for your business. ⮞ Decentralized Finance (DeFi): Learn the latest innovations and trends in DeFi, and understand the opportunities and challenges in this rapidly growing sector. ⮞ Web3 & the Metaverse: Gain insights into Web3 technologies and the metaverse. Hear from industry leaders who are building the next generation of digital experiences. ⮞ Institutional Adoption: See how traditional financial institutions are embracing blockchain technology. Discuss the impact of this trend and what it means for the industry. ⮞ Blockchain for Good: Understand how blockchain technology can drive social impact and sustainability. Hear from leaders who are leveraging blockchain for positive change.   📋 𝗣𝗮𝗿𝘁𝗶𝗰𝗶𝗽𝗮𝘁𝗶𝗻𝗴 𝗖𝗼𝗺𝗽𝗮𝗻𝗶𝗲𝘀: Binance, Coinbase, Consensys, Fidelity Investments, Circle, Ripple, Gemini, Fireblocks, BlackRock, and many, many more.   🤝 𝗟𝗲𝘁’𝘀 𝗖𝗼𝗻𝗻𝗲𝗰𝘁: If you're attending Consensus 2024, we’d love to meet you! Venki Subramanian CA,CAIA and Bert McCooey are interested in hearing your thoughts, sharing insights, and discussing the latest developments in the crypto and blockchain space. Reach out to them directly to schedule a time for a chat. Kaushal Mandalia | Jaideep Mukhariya | Samuel Chen

📈 𝗔𝗻𝗮𝗹𝘆𝘇𝗶𝗻𝗴 𝘁𝗵𝗲 𝗤𝟭 𝗢𝘂𝘁𝗽𝗲𝗿𝗳𝗼𝗿𝗺𝗮𝗻𝗰𝗲 𝗼𝗳 𝗦𝗶𝗻𝗴𝗮𝗽𝗼𝗿𝗲’𝘀 𝗠𝗮𝗷𝗼𝗿 𝗕𝗮𝗻𝗸𝘀 𝗮𝗻𝗱 𝗪𝗵𝗮𝘁 𝗜𝘁 𝗠𝗲𝗮𝗻𝘀 𝗳𝗼𝗿 𝗜𝗻𝘃𝗲𝘀𝘁𝗺𝗲𝗻𝘁 𝗠𝗮𝗻𝗮𝗴𝗲𝗿𝘀 📈 The recent Q1 outperformance of DBS, UOB, and OCBC is a testament to the robust economic environment and presents key opportunities and considerations for investment managers. 🔍 𝗞𝗲𝘆 𝗜𝗻𝘀𝗶𝗴𝗵𝘁𝘀 𝗳𝗿𝗼𝗺 𝗤𝟭 𝗣𝗲𝗿𝗳𝗼𝗿𝗺𝗮𝗻𝗰𝗲: 𝗥𝗲𝘀𝗶𝗹𝗶𝗲𝗻𝘁 𝗔𝘀𝘀𝗲𝘁 𝗤𝘂𝗮𝗹𝗶𝘁𝘆: • DBS has maintained strong asset quality with total provisions of S$213 million and a credit cost of 20 basis points. This indicates a cautious but stable approach to risk management amidst global economic uncertainties. • OCBC also reported resilient asset quality with a stable non-performing loan (NPL) ratio of 1%, highlighting effective risk mitigation strategies. 𝗡𝗲𝘁 𝗜𝗻𝘁𝗲𝗿𝗲𝘀𝘁 𝗠𝗮𝗿𝗴𝗶𝗻𝘀 (𝗡𝗜𝗠): • OCBC outperformed its peers with a notable year-on-year increase in NIM to 2.06%, benefiting significantly from the interest rate environment. This demonstrates OCBC's strategic prowess in managing interest rate volatility to enhance profitability. 𝗟𝗼𝗮𝗻 𝗚𝗿𝗼𝘄𝘁𝗵 𝗮𝗻𝗱 𝗙𝗲𝗲 𝗜𝗻𝗰𝗼𝗺𝗲: • OCBC’s loan book grew by 6.6% year-on-year to S$299.8 billion, underscoring its strong market position and ability to drive growth despite higher interest rates. • Both DBS and OCBC saw increases in fee income, with OCBC reporting a 7% year-on-year rise to S$487 million, reflecting a diversified revenue stream beyond traditional banking 📖 For further details on the Q1 performance, you can read the full article here: https://lnkd.in/gJEi3tKC 🌐 𝗦𝘁𝗿𝗮𝘁𝗲𝗴𝗶𝗰 𝗣𝗲𝗿𝘀𝗽𝗲𝗰𝘁𝗶𝘃𝗲: The strong Q1 results of these banks not only reflect their financial health but also signal a stable and promising economic outlook for Singapore. For investment managers, this performance is characterized by: • 𝗘𝗻𝗵𝗮𝗻𝗰𝗲𝗱 𝗦𝘁𝗮𝗯𝗶𝗹𝗶𝘁𝘆 𝗮𝗻𝗱 𝗖𝗼𝗻𝗳𝗶𝗱𝗲𝗻𝗰𝗲: The resilience shown by major banks supports a stable investment climate, allowing fund managers to strategize with greater confidence. • 𝗢𝗽𝗽𝗼𝗿𝘁𝘂𝗻𝗶𝘁𝗶𝗲𝘀 𝗳𝗼𝗿 𝗗𝗶𝘃𝗲𝗿𝘀𝗶𝗳𝗶𝗰𝗮𝘁𝗶𝗼𝗻: With banks diversifying their income streams and managing risks effectively, there are new avenues for investment managers to explore within the financial sector. • 𝗥𝗲𝗴𝘂𝗹𝗮𝘁𝗼𝗿𝘆 𝗡𝗮𝘃𝗶𝗴𝗮𝘁𝗶𝗼𝗻: Understanding the strategies employed by these banks in managing regulatory requirements can provide valuable insights for navigating the complex regulatory landscape. At The Ascent Group, we continuously analyze such trends to provide our clients with tailored insights and solutions, ensuring they remain ahead in a dynamic financial environment. To learn more about how we can help you navigate these opportunities and challenges, reach out to us for a consultation.

𝗛𝗶𝗴𝗵𝗹𝗶𝗴𝗵𝘁𝗶𝗻𝗴 𝗦𝘂𝗰𝗰𝗲𝘀𝘀: '𝙁𝙪𝙩𝙪𝙧𝙚 𝙍𝙤𝙖𝙙𝙢𝙖𝙥 𝙛𝙤𝙧 𝘼𝙄𝙁𝙨' 𝗘𝘃𝗲𝗻𝘁 𝗜𝗻𝘀𝗶𝗴𝗵𝘁𝘀 Last Friday, we hosted the '𝘍𝘶𝘵𝘶𝘳𝘦 𝘙𝘰𝘢𝘥𝘮𝘢𝘱 𝘧𝘰𝘳 𝘈𝘐𝘍𝘴: 𝘜𝘯𝘭𝘰𝘤𝘬𝘪𝘯𝘨 𝘐𝘯𝘷𝘦𝘴𝘵𝘮𝘦𝘯𝘵 𝘖𝘱𝘱𝘰𝘳𝘵𝘶𝘯𝘪𝘵𝘪𝘦𝘴' event, a collaboration between The Ascent Group , Catalyst Trusteeship Limited, and sponsored by DBS Bank. Held at the Trident Hotel Bandra Kurla, the event brought together leading experts from the AIF sector. 𝗘𝘃𝗲𝗻𝘁 𝗛𝗶𝗴𝗵𝗹𝗶𝗴𝗵𝘁𝘀: - 𝗖𝗔𝗧 𝗜𝗜𝗜 𝗙𝘂𝗻𝗱 𝗠𝗮𝗻𝗮𝗴𝗲𝗿𝘀' 𝗜𝗻𝘀𝗶𝗴𝗵𝘁𝘀: Industry leaders Reshma Banda, Vaibhav Sanghavi, Bhavin Shah, and Ajay Vaswani, moderated by Rajesh H. Gandhi shared their expertise on managing complex investment portfolios and adapting to regulatory changes. - 𝗣𝗿𝗶𝘃𝗮𝘁𝗲 𝗘𝗾𝘂𝗶𝘁𝘆 𝗜𝗻𝘀𝗶𝗴𝗵𝘁𝘀: The session, led by Anirudh A D., with insights from Vivaik Sharma, Soumendra Ghosh, CFA, Abhishek Prasad, and Jayesh Agharkar , focused on broadening access to alternative assets and their impact on both global and Indian markets. The event offered a platform for meaningful dialogue and networking, providing attendees with actionable insights and strategies for navigating the AIF landscape. We thank all participants, speakers, and partners for their roles in this enriching evening. 🔗 𝗦𝘁𝗮𝘆 𝗖𝗼𝗻𝗻𝗲𝗰𝘁𝗲𝗱: Keep following us for updates on upcoming events and more insights into the investment sector. For any inquiries on The Ascent Group—reach out to Jayesh Khaitan or Yogeshh Darji directly.