NEW YORK, June 08, 2023 (GLOBE NEWSWIRE) — Bonaccord Capital Partners, a private equity business focused on acquiring non-control equity interests in middle-market private markets sponsors, is pleased to announce it has entered into a strategic agreement with Asia Heritage, a Singapore based asset manager, and, in conjunction with the agreement, appointed Chris Lerner as Operating Partner to lead Bonaccord’s activities in Asia. The Bonaccord Asia Heritage partnership will provide support to Bonaccord’s portfolio companies in crafting and executing capital formation initiatives in Asia – a critical growth market for private markets allocations. Mr. Lerner is the Chairman of Asia Heritage’s parent company, Verse Holdings, which also owns Thrive Alternatives and Asense Technologies, a GP advisory and Vertical SaaS company, respectively, and has a singular focus across all its businesses on serving private market fund managers. Previously, Chris was a Managing Partner at MSA Capital and a global Partner and Head of Asia for Eaton Partners. He began his career in corporate finance with Citigroup. Mr. Lerner received an MBA from Columbia Business School and a BA from Tufts University.

“We are excited to build upon our established relationship with Chris and the Asia Heritage team to support our portfolio companies’ strategic objectives in Asia. Chris brings a wealth of knowledge and relationships to Bonaccord. This partnership provides a transformative value proposition for our portfolio companies, supplementing our resources in North America, Europe, and the Middle East to support our portfolio companies’ institutional priorities,” said Ajay Chitkara, Managing Partner at Bonaccord Capital Partners.

View the press release.