Aletheia Capital

Aletheia Capital

Aletheia Capital positions itself as the first full-scale independent investment advisory firm in Asia, built to deliver research across a continent where independent, non-bank-affiliated analysis was historically scarce. The firm's founding thesis centered on providing institutional investors with unconflicted equity research and advisory services focused on Asian markets, a structural gap in a region long served primarily by global investment banks' research desks. Aletheia operates a fund management arm alongside its advisory practice, offering clients market access through pooled vehicles and managed accounts. The firm's investment strategy is rooted in long-only and long/short equity strategies across Asian markets, particularly Greater China, Korea, and India. The platform covers multiple asset classes including listed equities, with a sector focus spanning technology, financials, and consumer discretionary names. Direct investment capabilities are delivered through proprietary research analysts who cover individual stocks rather than through a fund-of-funds or co-investment model. The firm's portfolio exposure is managed through onshore and offshore vehicles, with the firm historically placing emphasis on local-language, on-the-ground analysis as its sourcing differentiator. The firm maintains its base in Asia with the scale of its analyst team historically reported as one of the largest dedicated Asia-focused equity research platforms outside a major bank. Specific team size and current assets under management remain undisclosed. The firm operates a registered fund management entity, with its advisory business providing institutional research to global long-only managers and hedge funds. Aletheia's structural distinction rests on its independence in an Asian equity research landscape still dominated by bank-affiliated desks with their own capital-markets conflicts. By maintaining no investment banking or corporate finance arm, the firm's advisory and fund management operations are positioned to offer research without the underwriting relationships that can shape sell-side calls. This model provided early institutional investors with an alternative to broker research during the firm's first decade of Asian market liberalization.