Overview
Overview
TB Alternative Assets Ltd. (“TBAA”, the “Firm”, “We”, “Our”, or “Us”) is a wholly owned subsidiary
of TBP Public Limited. TBAA was incorporated in the Cayman Islands on 5 December 2007, and is
domiciled in the Cayman Islands.
Funds Structure
TBAA serves as the Investment Manager (“IM”) to Trustbridge Select Opportunities Fund (“Master
Fund”) and its two feeder funds, Trustrbridge Select Opportunities Offshore Feeder and Trustbridge
Select Opportunities US Feeder, both of which are organized as private pooled investment vehicles
(“The Funds”). TBAA also serves as an IM to several separately managed accounts (“SMAs” and
collectively with the Funds, the “Clients”). TBAA sub-contracts part of the investment advisory
responsibilities to TBP Investment Advisory (HK) Limited, which serves as the Sub-Investment
Advisor (“IA”). Together with the IA, TBAA holds discretionary authority to manage the Clients,
including the authority to determine which investments
are bought and sold and the amounts of such
investments that are appropriate for each Client. TBAA and the IA act as one in the provision of
investment advisory services. Any limitation on such authority is described in Clients’ governing
documents and/or investment management agreements. TBAA manages the Clients in accordance
with the investment guidelines set forth in the offering documents and/or investment management
agreements of Clients.
TBAA had approximately US$445,633,162 of assets under management as of 31 December 2023, all
of which it manages on a discretionary basis.
Principal Owners
TBAA is a wholly owned subsidiary of TBP Public Limited, which is majority owned by Mr. Shujun Li.
Types of Services Offered
As the IM, TBAA manages the Clients on a discretionary basis, subject to investment policies and
restrictions set out by the constituent documents, and primarily focuses on PRC securities listed on
stock exchanges in Hong Kong, China and the United States.