SKYMONT CAPITAL

天山資本

Our Journey

First 10 Years

SKYMONT CAPITAL

天山資本

Our Journey

First 10 Years

天 — sky.
山 — mountain.

The Tian Shan range runs for over two thousand kilometres through the centre of Asia. We chose the name because the two characters together described the firm we intended to build: ambition without a ceiling, set on foundations that do not shift.

Two Hot Desks

In 2016, we incorporated Skymont in Hong Kong.  Our first location was two hot desks in a co-working centre in Central — no deals, no investors, no fund. 
 
What we had instead was decades of institutional experience across multiple market cycles.  We had priced risk through the Asian financial crisis and the global one that followed.  We had watched capital flow into Asian real estate, and watched it flow back out.  Most times, we managed to deliver outsized returns; other times lessons were delivered, which proved just as valuable.  Both went into the judgement we carried with us.  And when the time came, we knew what we wanted to do differently — build something of our own, and build it with like-minded people.

Six Investors

Our first transaction was under one million dollars, syndicated among six investors.
 
Six people who did not have to say yes, said yes — to two men with a PowerPoint.
 
We have spent ten years trying to deserve that trust.  Our capital today comes overwhelmingly from investors who have been with us before, and who came back not because we promised the most, but because they know we will always do the right thing by them, and that we will work relentlessly to protect what they have committed.
 

Six Investments, Four Exits

We looked where others overlooked:  
 
  • The premier developer in Ho Chi Minh City, while others were still learning out how to enter Vietnam.
  • The resort site in Niseko that went unbuilt through Covid. 
  • The industrial facility outside Hanoi, years before that corridor became a global headline. 
 
None of these deals are simple to consummate. They demand expertise, network, and the patience to structure an outcome to achieve win-win.  And where an opportunity lacked an operator we trusted, we built one — Vietlog Industrial, our own development and operating platform in Vietnam.
 
We are deliberately selective, and when we do commit, we commit our own capital alongside our investors.  It is the simplest alignment there is: true skin in the game.

Six Investments, Four Exits

We looked where others overlooked:  
 
  • The premier developer in Ho Chi Minh City, while others were still learning out how to enter Vietnam.
  • The resort site in Niseko that went unbuilt through Covid. 
  • The industrial facility outside Hanoi, years before that corridor became a global headline. 
 
None of these deals are simple to consummate. They demand expertise, network, and the patience to structure an outcome to achieve win-win.  And where an opportunity lacked an operator we trusted, we built one — Vietlog Industrial, our own development and operating platform in Vietnam.
 
We are deliberately selective, and when we do commit, we commit our own capital alongside our investors.  It is the simplest alignment there is: true skin in the game.

Six Investments, Four Exits

We looked where others overlooked:  
 
  • The premier developer in Ho Chi Minh City, while others were still learning out how to enter Vietnam.
  • The resort site in Niseko that went unbuilt through Covid. 
  • The industrial facility outside Hanoi, years before that corridor became a global headline. 
 
None of these deals are simple to consummate. They demand expertise, network, and the patience to structure an outcome to achieve win-win.  And where an opportunity lacked an operator we trusted, we built one — Vietlog Industrial, our own development and operating platform in Vietnam.
 
We are deliberately selective, and when we do commit, we commit our own capital alongside our investors.  It is the simplest alignment there is: true skin in the game.

Four Locations, One Standard

Over time, two desks became a team.  And a team became four locations. 
 
Over the course of the decade, remarkable and talented people chose to join a firm that could not yet promise them very much — analysts who grew into deal leads, operating partners who turned our underwriting into buildings, colleagues whose arguments in meetings made every decision better.  Every deal we have closed and every platform we have built carries their fingerprints on it.
 
Not all of them are still with us, and we are quietly proud of what they have gone on to achieve beyond Skymont. What our people, past and present, built here stays here — and it is a large part of what an investor is getting when they invest with Skymont today.

The Next Ten Years, and Beyond

Ten years ago we were two desks in HK, zero AUM, and six investors who took a chance.
 
Today we manage over USD 800 million in assets and have advised on more than USD 230 million of investments across multiple markets.
 
The distance between those two sentences is not our achievement alone. It belongs to the investors who backed us before there was anything to point to, to the colleagues who built this with us, and to the partners and counterparties who chose to work with us when they had other options. Thank you – sincerely.
 
We are as hungry for the next decade as we were for the first.  We would be glad to have you with us for it.
Singapore

20/F, Capital Tower,

168 Robinson Rd,

Singapore 068912

Hong Kong

7/F, Grand Millennium Plaza, 181 Queen’s Rd Central,

Central, Hong Kong  

JAPAN

20/F, Marunouchi Trust Tower – Main 1-8-3 Marunouchi,

Chiyoda-ku, Tokyo

Vietnam

4/F, M-Building, No.9 Street 8, Tan Phu Ward,

District 7, HCMC

Sustainability Guidelines

Introduction

Skymont Capital (Skymont) is an international investment manager that invests on behalf of its client-investors in private real estate and real estate related assets and businesses. Skymont is a fiduciary for its clients and regards its primary responsibility to maximize investment returns for its client-investors subject to the confines of its management agreements with clients. Skymont believes that sustainability factors should be considered as they have the potential to impact value to its investments to varying degrees across asset classes, markets, jurisdictions, and time. Skymont commits to integrating sustainability initiatives in the context of fulfilling its fiduciary responsibilities.

Purpose

This Sustainability Guideline is designed to:

(I)Define Skymont’s perspective toward sustainability

(II)Provide Skymont’s employees with guidelines regarding the implementation of the sustainability principle when evaluating and managing investments and partnerships

(III)Communicate with clients, vendors and other stakeholders how Skymont shall integrate sustainability considerations into its investment management, partnership formation and vendor selection processes, and which sustainability factors Skymont may weigh over the processes while remaining focused on maximizing long term investment performances

Skymont believes incorporating sustainability considerations into various aspects of our investment management process will help us better fulfill our fiduciary responsibility to our investors, creating and preserving lasting value.

Investment

Skymont applies ESG integration to its investment decision making. When assessing a potential investment, sustainability is an important dimension of its due diligence process. For each deal under scrutiny, Skymont’s sustainability considerations behind it include but are not limited to natural resources preservation, clean energy adoption, local community empowerment, health and wellbeing enhancement, etc. Skymont targets to deliver sustainable returns and minimize ESG risk exposure, while trying to create positive environmental and societal impacts. Since the outbreak of Covid-19, Skymont has actively adopted various digitalization tools to digitize its sourcing and due diligence efforts (e.g.,virtual site inspections, meetings), which has increased work efficiency while reducing expenses and carbon footprint.

Operation and Reporting

Operation and reporting comprise two important pillars of Skymont’s portfolio management:

By partnering with the best-in-class operators and creating specialized operating platforms that best understand the respective market and sector, Skymont has been facilitating best practices in the operation of its investments, creating value and driving performance therein.

Skymont has maintained a rigorous fund stewardship and a transparent reporting process supported by institutional fund infrastructure, promising peace of mind to our investors that they continuously have timely access to an accurate view of our investment performance.

Partners, Vendors and Tenants

Skymont believes in the power of working together to achieve synergy, and has integrated sustainability considerations into the assessment and choice of its potential partners, vendors and tenants, and regularly communicates on and promotes the sustainability principle with its existing partners, vendors and tenants to encourage alignment in practice. Most of Skymont’s existing partners and vendors have explicit sustainability policies in place, and are sustainability practice leaders in their respective fields, often recognized by preeminent ESG awards.

For both existing and potential partners, vendors and tenants, Skymont adopts an approach of fairness and integrity in the interest of fostering long term relationships.

Company Culture and Employee Training

Skymont believes its employees are vital to the implementation of its corporate strategy and to ensuring sustainable business success. Therefore, Skymont continuously engages and empowers its employees by maintaining a lean decision structure that fosters employee involvement and creativity, and encouraging lifelong learning and brainstorming with innovative minds both inside and outside the traditional real estate world. Skymont believes this will keep itself uniquely competitive in formulating strategies and decisions that shall capitalize on the long-term trends. Meanwhile, Skymont also supports ESG learning for its employees to ensure that ESG integration starts from the doorsteps of our office.

Looking Ahead

Moving forward, Skymont looks forward to furthering its commitment to the sustainability principle by systematically integrating more ESG dimensions into its investment management and operational processes.

Skymont will take a holistic approach in its investment selection process that shall seek sustainable returns, minimize ESG risk exposure that can create positive environmental and societal impacts to the surrounding world. Meanwhile, Skymont will continue to improve its operating performance and reporting transparency.