
Tybourne Capital Management
Description
Tybourne Capital Management is a distinguished global investment firm headquartered in Hong Kong, established in 2012 by Alex S.L. King. The firm operates with a core philosophy centered on fundamental research and a long-term investment horizon, deploying capital across both public and private equity markets worldwide. Their strategy is characterized by a deep dive into company fundamentals, seeking to identify and support high-quality businesses with strong growth potential and resilient business models.
With substantial assets under management, Tybourne has solidified its position as a major player in the global investment landscape. Reports from 2023 indicated their AUM to be approximately $20 billion, underscoring their capacity to make significant capital commitments. This considerable financial backing enables them to pursue large-scale opportunities across diverse sectors, including technology, consumer, healthcare, and financial services, with a particular focus on disruptive innovators and market leaders.
In the private equity domain, Tybourne Capital Management is recognized for its strategic investments in late-stage growth and pre-IPO companies. They have been active participants in major funding rounds for some of the world's most impactful technology firms, including ByteDance, the parent company of TikTok, and leading Southeast Asian super-apps like GoTo (formerly Go-Jek) and Grab. These investments highlight their preference for established, high-growth enterprises that are nearing or have achieved significant market penetration.
The firm's typical first cheque sizes for private investments are substantial, aligning with their focus on growth-stage companies that require significant capital for expansion and market dominance. While specific figures can vary based on the opportunity, Tybourne generally commits between $50 million and $300 million for initial investments. This range reflects their commitment to acquiring meaningful stakes and providing substantial support to their portfolio companies, fostering long-term partnerships with management teams dedicated to innovation and market leadership.
Investor Profile
Tybourne Capital Management has backed more than 24 startups, with 1 new investments in the last 12 months alone. The firm has led 5 rounds, about 21% of its total and boasts 8 exits across its portfolio.
Investment Focus Highlights
- Concentrates on Series C, Series B, Series D rounds (top funding stages).
- Majority of deals are located in United States, Japan, India.
- Strong thematic focus on Biotechnology, Pharmaceutical, Health Care.
- Typical check size: $50M – $300M.
Stage Focus
- Series C (33%)
- Series B (29%)
- Series D (13%)
- Series A (8%)
- Post Ipo Debt (4%)
- Series Unknown (4%)
- Series E (4%)
- Post Ipo Equity (4%)
Country Focus
- United States (33%)
- Japan (17%)
- India (17%)
- China (13%)
- South Korea (4%)
- Switzerland (4%)
- Vietnam (4%)
- United Kingdom (4%)
- Indonesia (4%)
Industry Focus
- Biotechnology
- Pharmaceutical
- Health Care
- Payments
- Software
- Finance
- Fintech
- Biopharma
- E-commerce
- Therapeutics
Frequently Asked Questions
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