Empowering Asia's Next Generation of Entrepreneurs

We provide the trusted network, tailored capital, and practical tools you need to build a thriving business.

Igniting a second growth wave for small businesses

Asia’s economic bedrock—family enterprises—now stand at an inflection point. With 3 million Asia’s firms entering succession, yet only 10% of next-gens continuing legacy industries, we face a fundamental question: How do we convert inheritance into renaissance?

 

When traditional paths fracture:
1. Successors battle generational divides—70% stall digital transformation due to ideological clashes
2. Transformative Operators (professional stewards/ teams) lack transition capital and industrial DNA
3. Value erosion when every vanished enterprise destroys 120+ local livelihoods and 3+ supplier ecosystems

 

Associe’s tri-partite covenant:
We architect continuity through entrepreneurial succession—equipping both bloodline inheritors and professional operators with:
✓ Transition Capital Structures
(Financing/ earnout models for non-family operators)
✓ Industrial Upgrade Playbooks
(Tech integration frameworks preserving core competencies)
✓ Generational Mediation Platforms
(Bridging "founder wisdom - innovator vision" divides)

This is how legacy enterprises achieve renewal—not closure.

Meet our partners in erpetual enterprise

We unite Asia's foremost institutional catalysts to safeguard economic legacies

Patrick Flood

CEO, Owners in Honor

Heather Endresen

Owner, Viso Business Capital

Jon Stoddard

Host, Top M&A Entrepreneurs Podcast

Samuel Meister

Owner, First Choice Business Brokers of Pittsburgh

Meet the team

From a former exec at one of our country’s largest banks to a decorated combat veteran, our team is made up of folks who bring the experience and grit needed to achieve our mission.

William Fry

Founder & CEO

Alex Carp

Head of Engineering

Jackie Sheely

Head of Legal & Operations

James Von der Lieth

Product Lead

William Fry

Founder & CEO

Alex Carp

Head of Engineering

Jackie Sheely

Head of Legal & Operations

James Von der Lieth

Product Lead

Will You Steward the Next Century of Asian Enterprise?

Co-Creating Legacies with us

We seek co-architects for Asia's enterprise renaissance—united by custodial capitalism.

Our Keystone Mandate

Where Small Enterprises Thrive, Nations Prosper

Associe

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Critical Risk Disclosure: Investing in private small and medium enterprise (“SME”) securities involves high speculation and substantial risks, including the potential for complete capital loss. These investments lack secondary market liquidity, have limited operational history and financial data, involve unverified valuations, and carry higher failure rates compared to established businesses. Investors must be prepared to withstand total loss of invested capital.

Investor Commitments: By considering any investment opportunity, you acknowledge the high-risk nature of these investments and commit to conducting independent due diligence, including obtaining additional company information, consulting professional advisors, and verifying regulatory compliance. You confirm that Associe provides no investment recommendations, has not verified issuer-provided information, and assumes no liability for investment decisions.

Individual Investor Requirements: Individual investors must prove Professional Investor status meeting jurisdictional thresholds (e.g., minimum HK$8 million portfolio in Hong Kong), demonstrate “Aggressive” risk tolerance through standardized assessment, and accept binding 36-month lock-up periods. Enhanced due diligence including review of audited financials and management background checks is mandatory.

Jurisdictional Access: Asia-Pacific investors may access opportunities through direct certification (minimum HKD 500,000),SME fund participation(minimum HKD 100,000), or special purpose vehicles (minimum HKD 50,000). United States investors must comply exclusively with Regulation S requirements and are ineligible for retail participation. Mainland China individuals require QDII/QDLP channels with no direct access available.

Regulatory Notice: No securities regulator has approved these offerings or verified content accuracy. All investments are exempt from registration requirements, provide no liquidity guarantees, and may involve material valuation discrepancies.