# First Ocean Asset Management

First Ocean Asset Management is a Private Equity based in Shenzhen, China.

## Overview

- **Organization type:** Private Equity
- **Headquarters:** Shenzhen, China
- **Region:** Asia
- **Address:** Shenzhen, Guangdong, China
- **Founded:** 2016
- **Assets under management:** Undisclosed
- **Website:** chcapital.hk
- **LinkedIn:** linkedin.com/company/cypresshousecapital

## Regulatory record

- **Reports private funds:** No

## About

First Ocean Asset Management is a private equity firm based in Shenzhen, China. It focuses on venture capital investments.

## Questions

### Where is First Ocean Asset Management headquartered?

The firm is based in Shenzhen, Guangdong Province, placing it within China's Greater Bay Area — the country's densest concentration of hardware, consumer electronics, and advanced-manufacturing private companies. This location provides proximity to the deal flow that underpins much of China's mid-market private equity activity.

### Does First Ocean Asset Management disclose its assets under management?

No. First Ocean has not publicly disclosed AUM, deployment totals, or fund-level commitments. The firm maintains a low public profile, and no authoritative third-party publication has reported a verified figure for its capital base.

### How does First Ocean's PIPE strategy fit with the rest of its portfolio?

PIPE transactions allow the firm to purchase equity in publicly listed companies at a discount to market price through structured placements. In the Chinese market context, PIPE activity often intensifies during periods of market dislocation — as seen during the regulatory tightening cycles of 2021–2023 — and provides a complementary liquidity profile to the longer-duration buyout and seed-stage positions.

### Who leads investment decisions at First Ocean Asset Management?

The firm has not publicly identified its founders, investment committee members, or senior managing partners. Key-person risk and decision-making structure remain opaque, which is not uncommon among Chinese private equity managers that operate without a regulatory obligation to disclose leadership.

## Related profiles

- [First Growth Ventures](https://altss.com/profile/first-growth-ventures)
- [First Stone Venture Partners](https://altss.com/profile/first-stone-venture-partners)

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Last updated: 2026-06-03T20:00:00.000Z

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