Ion Pacific
Ion Pacific is a Hong Kong-based investment manager that provides structured secondary transactions and tailored liquidity solutions to venture capital GPs, LPs, founders and corporate VCs globally.
- Company typePrivate
- Founded2015
- HeadquartersHong Kong, Hong Kong SAR China
- Headcount11–50
- GTM typeB2B
- OfferingServices
What Ion Pacific does
Ion Pacific is a Hong Kong-headquartered investment management firm founded in 2015 by Itamar Har-Even and Michael Joseph that specializes in structured secondary transactions in venture capital and growth equity. The firm describes itself as an early mover in applying structured liquidity solutions to the venture-stage technology sector, an approach long used in other private markets but only recently extended to VC. Its core product platform comprises three fund strategies: Stonecutter, the flagship structured secondaries series with vintages in 2018 and 2021 and a third vintage underway; Pathway, a life sciences and healthcare secondaries fund launched in 2021; and Regional Funds, a Southeast Asia-focused secondaries fund launched in 2022. Alongside these commingled vehicles, the firm offers bespoke Liquidity Solutions to four counterparty types: founders and early shareholders, VC fund managers (GPs), VC investors (LPs), and corporate VCs, covering fund recapitalizations, LP stake transfers, GP financing and corporate VC spinouts.
Ion Pacific firmographics
Firmographics- Name
- Ion Pacific
- Legal name
- Ion Pacific Inc.
- Website
- https://ionpacific.com
- Company type
- Private
- Founded year
- 2015
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Ion Pacific is a Hong Kong-based investment manager that provides structured secondary transactions and tailored liquidity solutions to venture capital GPs, LPs, founders and corporate VCs globally.
- Ownership category
- akta.pro rank
Ion Pacific industry classification
Industry- Product category
- Venture Capital Secondaries & Private Fund Management
- NAICS
- Portfolio Management and Investment Advice (523940), Other Investment Pools and Funds (5259), Other Financial Vehicles (52599), Miscellaneous Intermediation (52391)
- SIC
- Investment Advice (6282)
- akta.pro primary industry
- Secondary Venture Funds (VC Secondaries) (FSANAAAK)
- akta.pro secondary industries
- Secondaries Fundraising & Liquidity Intermediation (LP Stakes/GP-led) (FSAEALAG), Institutional Separate Accounts & SMAs (Mandates) (FSAAAGAL)
Keywords
Where Ion Pacific is headquartered
LocationHeadquarters
- HQ city
- Hong Kong
- HQ country
- Hong Kong SAR China
- HQ region
- Asia
Offices6 records
Markets served
Ion Pacific business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure
Distribution channels1 record
Marketing channels2 records
Ion Pacific product offering
Product offeringCore offering
Ion Pacific is an investment management firm that runs structured secondaries funds in venture capital and growth equity (Stonecutter, Pathway, Regional Funds) and crafts bespoke liquidity solutions for founders, VC fund managers (GPs), VC investors (LPs) and corporate VCs. The firm combines downside protection with uncapped upside participation through tailored financing structures such as fund recapitalizations, LP stake secondaries, and founder equity-backed personal liquidity.
Product overview
Ion Pacific operates as a platform offering structured investment products in the venture capital ecosystem. The firm provides three main fund products: Stonecutter (flagship VC structured secondaries series with vintages in 2018, 2021, and ongoing), Pathway (life sciences secondaries fund launched 2021), and Regional Funds (Southeast Asia-focused fund launched 2022). Alongside these investment management products, the firm offers a comprehensive suite of Liquidity Solutions serving founders/early shareholders, VC funds (GPs), VC investors (LPs), and Corporate VCs, addressing complex liquidity needs through tailored financing structures in the venture ecosystem.
Differentiator
Problem solved
Functional benefit
Brands
- Stonecutter: Flagship venture capital structured secondaries fund series with past vintages in 2018 and 2021.
- Pathway
- Regional Funds
Products and services
- Stonecutter Fund Series Ion Pacific's flagship structured secondaries fund series applying a differentiated global approach to VC investing, with downside protection and uncapped upside participation for institutional investors. Past vintages include 2018 and 2021, with a current third fund.
- Pathway Fund Fund launched in 2021 that applies Ion Pacific's structured secondaries approach to investments in healthcare, med-tech and life sciences-related technology.
- Regional Funds (Southeast Asia) Fund launched in 2022 that applies Ion Pacific's structured secondaries approach to venture capital investments solely in Southeast Asia.
- Liquidity Solutions for Founders and Early Shareholders
Companies that use Ion Pacific
Customer profileIdeal customer profiles4 records
Ion Pacific technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Ion Pacific partnerships and signals
Strategic signalScale indicators3 records
Recent moves6 records
Expansion highlights6 records
Ion Pacific competitors and assessment
Company assessmentBroad incumbents
- Lexington Partners: One of the world's largest independent secondary private equity and venture capital investors, with multi-billion AUM. Directly comparable to Ion Pacific's secondaries strategy but with broader asset class coverage and significantly larger scale.
- Ardian: Global private investment house with one of the largest secondary fund of funds platforms, including exposure to venture secondaries. Operates at much greater scale than Ion Pacific but overlaps in LP-stake and GP-led secondaries deal flow.
- Coller Capital: Leading global secondaries investor covering LP stakes, GP-led secondaries, and direct secondaries across private equity and venture. Comparable buyer profile but with broader LP relationships than Ion Pacific.
- StepStone Group: Global private markets investment platform with significant secondary fund of funds and co-investment activity, including venture capital exposure. Larger, diversified platform competing for similar LP mandates.
- HarbourVest Partners: Large global private markets manager with primary, secondary, and co-investment programs across venture and buyout. Overlaps with Ion Pacific as an institutional buyer in VC secondary markets.
- Pantheon Ventures: Global private equity, venture, and infrastructure fund-of-funds and secondary investor. Comparable LP-stake secondary buyer with broader geographic reach than Ion Pacific.
Direct peers
- Industry Ventures: Specialist secondary purchaser of venture capital and early-stage fund LP interests plus GP-led continuation vehicles. Closest US-headquartered pure-play VC secondaries peer to Ion Pacific's Stonecutter franchise.
- Vintage Investment Partners: Israel-based secondaries platform focused on venture and growth equity funds, with overlapping geographic relationships and a similar structured-financing approach to VC secondaries as Ion Pacific.
- Northgate Capital: Multi-strategy private equity and venture capital investor active in secondary purchases of fund interests and direct investments. Comparable size and structured-deal orientation to Ion Pacific.
Others
- Lazard Secondaries Advisory: Provides advisory and capital solutions for GP-led secondaries and LP portfolio sales in venture capital. Indirect competitor and counterparty, as Ion Pacific frequently transacts with advisors on the sell side of continuation vehicles.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
Ion Pacific social profiles
Digital presenceIon Pacific compliance and trust
Trust signalCompliance2 records
Ion Pacific financial estimates
Financial estimateRevenue estimate
Valuation estimate
Ion Pacific leadership team
Management profileNumber of profiles
Profiles7 records
Ion Pacific funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Ion Pacific M&A and investment
M&A and investmentM&A
Investments35 records
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Ion Pacific
What does Ion Pacific do?
Ion Pacific is an investment management firm that runs structured secondaries funds in venture capital and growth equity (Stonecutter, Pathway, Regional Funds) and crafts bespoke liquidity solutions for founders, VC fund managers (GPs), VC investors (LPs) and corporate VCs. The firm combines downside protection with uncapped upside participation through tailored financing structures such as fund recapitalizations, LP stake secondaries, and founder equity-backed personal liquidity.
Is Ion Pacific a public or private company?
Ion Pacific is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was Ion Pacific founded?
Ion Pacific was founded in 2015. It employs 11 to 50 people.
Where is Ion Pacific based?
Ion Pacific is headquartered in Hong Kong, Hong Kong SAR China, in the Asia region.
Who are Ion Pacific's main competitors?
Broad incumbents on record are Lexington Partners, Ardian, Coller Capital, StepStone Group, HarbourVest Partners and Pantheon Ventures. Direct peers are Industry Ventures, Vintage Investment Partners and Northgate Capital. Lazard Secondaries Advisory is listed as an others.
Does Ion Pacific have an API?
No public API is recorded for Ion Pacific.
What industry is Ion Pacific in?
Ion Pacific's product category is Venture Capital Secondaries & Private Fund Management. Its primary akta.pro industry code is FSANAAAK, Secondary Venture Funds (VC Secondaries), with a secondary code of FSAEALAG, Secondaries Fundraising & Liquidity Intermediation (LP Stakes/GP-led). Its NAICS code is 523940 and its SIC code is 6282.