Endowus grew client assets sevenfold to US$7 billion by September 2024, driven by increasing demand for private market investments. Alternatives exposure tripled in six months as the firm partnered with leading asset managers like Ares, Carlyle, and KKR to offer evergreen private credit and real asset products. Investors committed an additional US$17.5 million, bringing its Series C funding to US$52.5 million. By bypassing local feeder funds, Endowus lowers costs and provides direct access to US master funds. Endowus plans to focus on Hong Kong over the next 12 months and in the future, expand into high-wealth markets such as Taiwan, South Korea, Japan, and Australia.