RAYS Capital Partners

The partnership co-invests partners' and principals' own capital directly alongside private client and institutional mandates in every position it takes. This insiders' capital sits in the same concentrated portfolio rather than in a separate vehicle, an alignment structure the firm says has been in place for twenty years.

RAYS Capital Partners Limited is licensed by the Hong Kong Securities and Futures Commission for Type 4 (advising on securities) and Type 9 (asset management) regulated activities. This authorizes the firm to manage portfolios and provide investment advice to professional investors.

The firm's stated mandate is Asia-focused. It does not publicly indicate any investment activity outside the region, consistent with its positioning as a boutique partnership managing a concentrated book of Asian growth investments.

No. RAYS Capital operates as a licensed asset manager, not a family office. It manages capital for multiple private clients and institutional investors alongside insider capital, a multi-client structure distinct from the single-family or multi-family office model.

The firm does not publish an AUM figure. Public filings, its website, and captured sources provide no number. Allocators treating AUM as a screen should note the partnership's deliberately constrained scale and co-investment structure imply capacity is intentionally finite.