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Bespoke Secondary Solutions Across Asia.
Foundation Private Equity India Opportunities Trust (IN/AIF2/24-25/1667) is a SEBI-registered Category II Alternative Investment Fund registered in December 2024 — the India onshore pooling vehicle of Foundation Private Equity, a Singapore-headquartered Asian secondary private equity platform founded in July 2017 by Jason Sambanju and Jeremy Foo. Foundation PE is a recognised leading provider of bespoke secondary solutions across Asia, specialising in GP-led restructurings, LP interest acquisitions, continuation funds, spin-offs, RMB/INR to USD transitions, annex capital, and preferred equity. In 2021, Tikehau Capital (France's global alternative asset manager) took a majority equity stake in Foundation PE, establishing a strategic partnership. Alok Gupta leads the India team as Partner, Head of India, based at The Executive Centre, The Capital, BKC, Bandra East, Mumbai. The SEBI registered address is Ananta Karma Tattva, 2001, A Wing, 20th Floor, Parinee Crescenzo, BKC, Bandra East, Mumbai 400051.
Foundation PE provides innovative, bespoke liquidity solutions to GPs and LPs at all points of a fund's lifecycle. The firm is middle-market focused with deep experience structuring and executing complex secondary transactions in Asia — particularly GP-led restructurings and preferred equity. Foundation PE's approach is partnership-oriented: supporting existing managers rather than competing with them or purely buying from them. Three core pillars: (1) Partnership Approach — flexible, highly customised solutions ensuring alignment with all stakeholders; (2) Deep Experience — active in Asian secondaries since 2007, origins in the first dedicated secondaries platform in the region, local in core markets of India, China, and Southeast Asia; (3) Transparent Process — building reputation as trusted counterparty through decisive and predictable execution. Transaction criteria: deal sizes USD 20M+, middle-market focus, higher complexity, risk protection mechanisms.
Alok Gupta
Partner, Head of India; SEBI Contact Person
Alok Gupta is Partner and Head of India at Foundation Private Equity, based in Mumbai. He has 30+ years of experience in financial services, with the last 12 years focused on growth equity investments in India. He was most recently Managing Director at HSBC Private Equity (later Headland Capital), responsible for the India office including origination, execution, and monitoring of direct investments. Prior to that, he was at Yes Bank and Rabo India, overseeing life sciences and technology business verticals. He began his career at ANZ Grindlays Bank in Structured Finance & Syndications in Mumbai and London. M.Sc. Economics and B.E. Mechanical Engineering from BITS Pilani; MBA from IIM Calcutta.
Jason Sambanju
Partner, CEO & Co-Founder
Jason Sambanju is Partner, CEO and Co-Founder of Foundation Private Equity, based in Singapore. He has 28 years of experience in financial services, the last 22 in Asian private equity. Before founding Foundation PE in 2017, he was Head of Asia Secondaries for DB Private Equity (Deutsche Bank) and spent 7 years as Co-Head of Asia for Paul Capital Partners. He started his career as a direct investor with Symphony Capital. B.Sc. Finance and B.A. Economics from University of Pennsylvania (with honours). Indonesian citizen.
Jeremy Foo
Partner & Co-Founder
Jeremy Foo is Partner and Co-Founder of Foundation Private Equity, based in Singapore. He has 20+ years of PE experience, with 13 years in control buyouts and growth equity in Asia at Navis Capital Partners, Southern Capital Group, Standard Chartered Private Equity, and Merrill Lynch Global Private Equity (New York). B.Sc. Finance & Accounting (Honours) from NYU Stern. Singaporean citizen.
Jason Ong
Associate
Jason Ong is Associate at Foundation PE, Singapore. Previously at PricewaterhouseCoopers Deals Advisory (debt and capital advisory, SE Asia). Bachelor of Business (Highest Distinction, Banking & Finance) from NTU. Singapore citizen.
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Investments in securities markets are subject to market risks. Read all the related documents carefully before investing. Past performance is not indicative of future returns.
Aixing Zheng
Finance Director
Aixing Zheng is Finance Director at Foundation PE, Singapore. Previously Senior Finance Manager at Southern Capital Group (SE Asia PE). 13+ years in PE. B.Accountancy from NTU; Chartered Accountant (ISCA); CIA. Singapore citizen.