Overview
Willing Capital Management Limited (hereinafter “Willing Capital”, “we”, “us”, “our” or the
“Firm”) is organized as a Hong Kong private company limited by shares, with a principal place
of business in Hong Kong, People’s Republic of China.
The Firm was founded in September 2017 and is majority owned by Xiao Lin and Xinyue Liu.
The registered address is at 9/F, Amtel Building, 148 Des Voeux Road Central, Central, Hong
Kong. The principal place of business is at Unit 815 And Unit 819, Level 8, Cyberport 1, 100
Cyberport Road, Hong Kong.
Willing Capital serves as the investment manager, with discretionary trading authority, to
private, pooled investment vehicles, the securities of which are offered through a private
placement basis in accordance with Regulation D under the Securities Act of 1933. The Funds
are exempt from registration as an investment company in accordance with Section 3(c)(7) of
the Investment Company Act of 1940. Willing Capital also provides discretionary investment
management services to qualified investors through separately managed accounts.
Willing Capital manages one private fund that is in master-feeder structure: Willing Partners
Master Fund. The Fund is registered with the Cayman Island Monetary Authority. Willing
Capital is the investment adviser to Blackwell Partners LLC - Series A - Willing Capital Sub-
Account, a segregated portfolio of a private fund incorporated in Delaware
in the United
States. Currently there is a total number of one separately managed account tailored to
specific needs of particular investors or follow investment strategies identical to the Funds
with certain restrictions. As of 31 January 2024, we have approximately US$0.8 billion
regulatory assets under management.
Willing Capital manages the following private, pooled investment vehicles, together referred
to as “Willing Partners Funds”:
• Willing Partners Master Fund - a Cayman Islands company with limited liability;
• Willing Partners Fund - a Cayman Islands company with limited liability;
• Willing Partners US Fund - a Cayman Islands company with limited liability;
The master fund and the feeder funds are each referred to as a “Fund” or “Client”, and
collectively referred to as the “Funds” or the “Clients”.
The Funds’ “Shareholders” are hereafter collectively referred to as the “Investors” where
appropriate.
Our investment decisions and advice with respect to the Funds are subject to each Fund’s
investment objectives and guidelines, as set forth in its respective “Offering Documents.”
We do not currently participate in any Wrap Fee Programs.
Willing Capital currently manages other pooled investment vehicles which are not United
States person, are not offered in the United States, nor are not beneficially owned by any
United States person.