- Companies
- Fourcore Capital
Fourcore Capital Valuation, Funding & Investors
Fourcore Capital is valued at $5B as of September 2024.
Last Fourcore Capital valuation
$5B
Undisclosed stage · Sep 2024
Last Fourcore Capital funding round
$500M
Undisclosed stage · Sep 2024
Cumulative funding Fourcore Capital raised
$500M
across 1 funding round
Key investors in Fourcore Capital
The Global Emerging Markets Group
About Fourcore Capital
Fourcore Capital is a Hong Kong-based alternative investment manager specializing in real assets across Asia-Pacific. The firm deploys capital into real estate, infrastructure, and private credit opportunities through commingled funds and separate accounts. It serves institutional investors including pension funds and sovereign wealth funds with strategies emphasizing downside protection and income generation. Fourcore Capital manages assets exceeding $1 billion and operates offices in Hong Kong, Singapore, and Sydney. Established in 2014, the firm partners with local developers and operators to source off-market deals in high-growth markets like Southeast Asia and Greater China.
Founded
2024
HQ
Website
Status
Privately held
Customer focus
B2B
Revenue model
Investment management
Valuation
$5B (Sep 2024)
Fourcore Capital Valuation
Fourcore Capital is currently valued at $5B, based on its undisclosed-stage round in September 2024.
The $500M round was led by The Global Emerging Markets Group.
Fourcore Capital valuation by funding round
| Date | Stage | Valuation |
|---|---|---|
| Sep 2024 | Undisclosed stage | $5B |
Fourcore Capital Funding History
Fourcore Capital has raised a total of $500M across 1 funding round.
Fourcore Capital funding rounds
| Date | Stage | Investors | Raised | Valuation | Deal Summary |
|---|---|---|---|---|---|
| Sep 2024 | Undisclosed stage | The Global Emerging Markets Group (lead) | $500M | $5B | Fourcore Capital, an AI-powered global asset and wealth management firm formed through the acquisition of select technology and financial assets from PB Nobel Sustainability Capital Group (NSCG) by Cardea Group, announced a $500 million share subscription facility with GEM Global Yield LLC SCS (part of The Global Emerging Markets Group) on September 4, 2024. This binding agreement provides funding upon a public markets listing to support strategic acquisitions, expansion of advisor support, and management talent additions. Earlier, on August 23, 2024, NSCG committed up to $25 million as an anchor investment in Fourcore’s planned private markets capital raise. The acquired assets include technology IP in blockchain, AI, digital wallets, and tokenization, plus investment management funds and entities that boost assets under management and fee-paying contracts for immediate profitability. Fourcore positions itself around four pillars of tailored, multi-generational wealth management using emerging technologies. Leadership includes Jordan Waring as Chairman and Group CEO, Neil Fillary as Group President and International CEO, Peter Knez as Investment Committee Chairman (ex-BlackRock), and Peter Nobel as Board Chairman. In preparation for capital raises, an independent Frost & Sullivan valuation report dated August 14, 2024, estimated Fourcore’s enterprise value at more than $5 billion. The GEM facility underscores institutional validation of Fourcore’s AI-driven vision amid a cautious fintech investment climate, where it ranked among Q3 2024’s largest deals. GEM, a $3.4 billion alternative investment group, focuses on emerging markets with experience in over 570 transactions across 72 countries, including PIPEs and venture investments. Fourcore also became sponsor of Global Blockchain Acquisition Corp., signaling public market ambitions. |
Who has invested in Fourcore Capital?
1 investor has backed Fourcore Capital across its funding rounds, including The Global Emerging Markets Group.
Lead investors include The Global Emerging Markets Group.
Fourcore Capital Investors
| Investor | HQ | Rounds | Role | First check |
|---|---|---|---|---|
This data is available for Pro users. Sign up to see all 1 Fourcore Capital investors. Start Free Trial | ||||
Benchmark 350K+ Funding Rounds and Disclosed VC Valuation Multiples
Sign up to see data on 350K+ funding rounds and disclosed revenue and EBITDA valuation multiples, from seed, through growth stage, to pre-IPO.
Start Free TrialFourcore Capital Competitors
Fourcore Capital competitors include listed companies like 360 One Wam and Guaranty Trust Holding, and private ones like Fundamental, LIQUiDITY Group, Neo Asset Management and Cardea Capital.
| Company | HQ | Status | Revenue | EBITDA | Valuation | Revenue Multiple |
|---|---|---|---|---|---|---|
| Publicly listed | $327M | $260M | $4.5B | 14.9x | ||
| Publicly listed | $1.3B | - | $3.4B | 1.8x | ||
| Private | - | - | $1.4B | - | ||
| Private | - | - | $1.4B | - | ||
| Private | $19M | - | $700M | 36.8x | ||
| Private | - | - | $5B | - |
Fourcore Capital Public Comps
Fourcore Capital is still privately-owned, but its public comps include Kiwoom Securities, Argo Investments, Hamilton Lane, Challenger, Guoyuan Securities, Fosun International, General de Galerias, 3i Infrastructure, HASI and RBR Desenvolvimento.
| Last FY | EV/Revenue | EV/EBITDA | ||||||
|---|---|---|---|---|---|---|---|---|
| Revenue | EBITDA | Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
| $1.9B | - | 2.7x | 2.2x | - | - | |||
| $201M | - | 24.3x | - | - | - | |||
| $759M | $474M | 7.4x | 6.7x | 11.9x | 13.9x | |||
| $2.1B | $491M | 2.6x | 7.9x | 11.2x | 11.4x | |||
| $898M | - | 5.4x | 4.4x | - | - | |||
| $26B | ($325M) | 1.3x | 1.2x | (99.7x) | 13.6x | |||
| $242M | $198M | 18.8x | - | 22.8x | - | |||
| $407M | - | 13.5x | - | - | - | |||
This data is available for Pro users. Sign up to see all Fourcore Capital competitors and their valuation data. Start Free Trial | ||||||||
Common questions about Fourcore Capital
| When was Fourcore Capital founded? | Fourcore Capital was founded in 2024. |
| Where is Fourcore Capital headquartered? | Fourcore Capital is headquartered in Atlanta, GA, United States. |
| Is Fourcore Capital publicly listed? | No, Fourcore Capital is a private, VC-backed company. |
| What is Fourcore Capital's valuation? | Fourcore Capital was last valued at $5B in its undisclosed-stage round in September 2024. |
| How much funding has Fourcore Capital raised? | Fourcore Capital has raised $500M across 1 funding round. |
| What was Fourcore Capital's last funding round? | Fourcore Capital's last funding round was a $500M undisclosed-stage round in September 2024, led by The Global Emerging Markets Group. |
| Who are Fourcore Capital's investors? | Fourcore Capital's investors include The Global Emerging Markets Group. |
| Which companies are comparable to Fourcore Capital? | Companies comparable to Fourcore Capital include 360 One Wam, Guaranty Trust Holding, Fundamental, LIQUiDITY Group, Neo Asset Management and Cardea Capital. |
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