“At midday, a market is held, bringing together the people of the world and gathering the goods of the world. They trade and depart, each obtaining what they need.”
“Wisdom encompasses all things, and the Way benefits all under heaven.”
IChing
YAOX Capital began with a simple, far-reaching aspiration: to understand the world with wisdom, to care for it with compassion, and to make commerce a force for greater balance and a brighter future.
We believe capital finds its purpose in helping people, industries and generations flourish together. Guided by this conviction, we pursue private equity investment in energy, data centers and artificial intelligence, mining and commodities, and healthcare, working with partners towards lasting prosperity and wellbeing in Asia-Pacific and beyond.
Industry develops through its relationships with resources, technology, society and nature. We seek to understand these connections with an open mind, recognising enduring needs amid change and bringing both insight and care to investment judgment.
Commerce connects people, resources and ingenuity across borders. Through capital, we seek to bring those with needs together with those who can meet them, put resources to productive use and enable partners to share in the value they create.
For us, balance means pursuing development with regard for people and nature, efficiency and care, the present and the future. Our enduring aspiration is for industrial progress to serve the real needs of life.
We value businesses that address real needs and products and services that matter to industry and everyday life. Clear business models and lasting customer value form the foundations of long-term investment.
Putting purpose into practice requires sound foundations. Our investment perspective gives weight to revenue quality, cash flow, capital requirements and resilience across operating scenarios, preserving room for long-term development.
We value the capability and integrity of management, clear governance and transparent information. Meaningful partnership rests on shared objectives, defined responsibilities and sustained action.
We seek alignment between business growth, returns on capital and wider wellbeing. Investment and exit decisions should rest on sustainable operations and enduring competitiveness.
Support business development through operating improvement, financial discipline and organisational capability, giving long-term ambition a sound operating foundation.
Bring together complementary strengths in supply chains, customers, technology and markets, turning shared aspirations into tangible business progress.
Align needs across stages of development through clear governance and patient capital, enabling businesses, investors and partners to build for the future together.
Begin with the real needs of industry and people, understanding the business vision, commercial foundations and the role capital can play.
Ground judgment in careful commercial, financial, technical, legal, environmental and social assessment.
Shape capital, ownership and governance around shared objectives, aligning responsibilities and long-term interests.
Follow operating progress, funding needs and value realisation, supporting business growth and continuity through sustained engagement.
