HLB Private Bank Provides Malaysian Investors Direct Access to Global Private Markets
HLB Private Bank Provides Malaysian Investors Direct Access to Global Private Markets
With declining public listing options and 90% of large companies remaining fully private, private markets offer enhanced risk-adjusted returns for more resilient, diversified portfolios
Jeffrey Yap, HLB’s Managing Director & Regional Head of Wealth Management [2nd from left], alongside speakers and business partners at the HLB Private Bank Private Markets Summit in Kuala Lumpur.
KUALA LUMPUR, 21 July 2026 – HLB Private Bank (the “Bank”) will be providing Malaysian investors with direct access to global private markets and funds, allowing its clients to diversify their portfolios with high-quality international private equity and private credit which have traditionally been unavailable or inaccessible within Malaysian borders.
In line with this commitment to providing unparalleled market access, the Bank has announced the upcoming launch of two exclusive investment vehicles: the Global Private Equity Fund-of-Funds II and the Private Markets Evergreen Income Fund (Resilient Income Generation). These products are designed to help eligible customers capture illiquidity premiums and operational returns through direct ownership and bespoke financing across the private landscape, providing diversification across top-tier global managers, infrastructure credit, intellectual property royalties and more.
The Bank announced this while hosting the landmark Private Markets Summit 2026, representing the first Private Markets Summit of its kind in Malaysia. Historically, access to these assets has been restricted to institutional players, but HLB Private Bank is now bridging this gap to provide sophisticated oversight for world-class portfolios.
This comes as the global private market universe undergoes a historic expansion, with total Net Asset Value (“NAV”) in the sector growing tenfold over the last few decades, and projected to reach US$25 trillion by 2030. Private assets have also risen to 10% of the global GDP.
Jeffrey Yap, HLB’s Managing Director and Regional Head of Wealth Management commented, "As a Bank, we see ourselves as partners to our clients, empowering them to grow their wealth and diversify their portfolios in a robust and sustainable way. By providing direct access to private markets, this represents the key differentiating factor we strive to provide our clients. It is the essence of what we hope will provide our clients with a new lens, new horizons, and new ways of unlocking opportunities to diversify into portfolios that were previously reserved for only the world's largest institutional investors and pension funds."
Investors who remain solely in public markets are only seeing the tip of the iceberg, as approximately 90% of large-scale companies remain private across global regions. Furthermore, the "Golden Age" of growth has shifted, with companies staying private longer increasing from a median age of 5 years in 1981 to 12 years today, thereby capturing more value before ever reaching a public listing.
Beyond traditional private equity, the Bank also guided clients into high-growth, specialised segments, including private infrastructure and intellectual property royalties, both of which offer niche diversification and strategic portfolio utility.