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HYVE
HYVE was founded in 2013 by Ravi Varma, a former investment banker with expertise in cross-border capital allocation.
HYVE
HYVE was founded in 2013 by Ravi Varma, a former investment banker with expertise in cross-border capital allocation. The firm operates as a multi-family office, managing wealth for several Asian families with a focus on diversification across asset classes and geographies. HYVE targets direct investments in real estate, private credit, and technology, alongside a dedicated allocation to hedge funds and infrastructure. Portfolio companies include a Singaporean logistics firm and a UK-based renewable energy developer in which HYVE took a co-investment role alongside a European infrastructure fund (per public record). The firm covers Asia, Europe, and North America, with offices in Singapore, Hong Kong, London, and San Francisco. As of 2026, HYVE employs roughly 80 professionals globally, including investment professionals, operations staff, and administrative personnel. The firm operates a philanthropic arm, the HYVE Foundation, which focuses on education and healthcare in Southeast Asia. In May 2024, HYVE closed a $500 million direct lending vehicle targeting mid-market opportunities in Southeast Asia (per the firm's official communications). HYVE operates as a co-investment club model, where it coordinates deals among its family clients rather than commingling capital into a single pooled vehicle. This structure preserves discretion for each family while enabling shared due diligence and deal access.
General information
Firm type
Multi Family Office
Year founded
2013
AUM
$1B to $5B (Altss estimate)
Location
Region
Asia
Country
Singapore
City
Singapore
Corporate office
Singapore, Singapore
Additional offices
Hong Kong · London · San Francisco
Principals
Ravi Varma
Founder & CEO
Shilpa Khanna
Chief Investment Officer
Sector focus
Frequently asked questions
Who runs investment decisions at HYVE?
Investment decisions are led by Shilpa Khanna, who serves as CIO. Founder and CEO Ravi Varma oversees strategy and originating deals from the firm's network of family clients and external partners.
How does HYVE source proprietary deal flow?
HYVE sources deals through its four-office network—Singapore, Hong Kong, London, San Francisco—and through relationships with external GPs who bring co-investment opportunities. The firm also acts as a co-investor alongside European infrastructure funds and Asian real estate developers.
Is HYVE structured as a single family office or does it operate more like a venture firm?
HYVE is a multi-family office that operates more like a co-investment club than a traditional venture firm. It structures deals as separate SPVs, allowing each participating family to maintain its own allocation preferences.
Does HYVE participate in fund commitments or only direct deals?
HYVE participates in both fund commitments and direct deals. It allocates to external hedge funds and infrastructure funds, but its largest emphasis is on direct co-investments in real estate, private credit, and technology assets.
What investment stages does HYVE typically target?
HYVE targets growth-stage and mid-market opportunities, with a preference for established companies and real estate assets. The firm also provides direct lending to mid-market firms in Southeast Asia.
Where does the underlying wealth come from?
HYVE does not publicly disclose the wealth origins of its client families. The firm's own website and official communications do not identify the families it serves.
Does HYVE maintain philanthropic structures, and how are they separated?
Yes, HYVE operates the HYVE Foundation, a separate charitable arm focusing on education and healthcare in Southeast Asia. The foundation is distinct from the firm's investment operations and does not affect allocation decisions.
Profile maintained by Altss using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.
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