Seraya Partners Launches Tokyo-Based Digital Infrastructure Investment Platform AQX

SINGAPORE, Feb. 10, 2025 /PRNewswire/ -- Singapore-based asset manager Seraya Partners has launched AQX, a Tokyo-based digital infrastructure investment platform, in partnership with industry veteran Matthias Vukovich.

AQX will target investments in shared telecom infrastructure and AI-enabling digital infrastructure across the APAC region, with a special focus on the Japanese market.

Seraya Partners, headquartered in Singapore, is the first Asia-based independent private equity fund focused on next-generation infrastructure investments with $1.3 billion in AUM across its funds and co-investment vehicles.

The new investment platform AQX is led by CEO Matthias Vukovich, a seasoned expert in Japan's digital infrastructure space. Starting 2020, Matthias has held executive roles at digital infrastructure portfolio companies under Warburg Pincus Asia, including serving as CFO of Converge ICT, a publicly listed Philippine fiber broadband operator. In this role, he successfully led Converge through its Initial Public Offering (IPO). With over 12 years at Morgan Stanley as a TMT banker in Tokyo, London, and Hong Kong, Matthias was involved in some of the largest M&A, IPO, and private fundraising deals in the digital infrastructure sector.

"We are thrilled to partner with Matthias, who brings a unique combination of extensive digital infrastructure financing and investment expertise, along with a deep understanding of the Japanese market. Together, we aim to invest in next-generation, technology-enabled digital infrastructure assets across Japan and the broader APAC region," said James Chern, Managing Partner and CIO of Seraya Partners.

"Japan is the world's third-largest digital infrastructure market, following the United States and China, in terms of deployed capex across telecom towers, optical fiber, and data center assets. However, the provision of shared carrier-neutral telecom infrastructure remains limited, opening investment opportunities for digital infrastructure specialists and platform builders. The recent surge in hyperscale data center projects in Japan will lead to the build-out of broader AI infrastructure asset classes, which we aim to capitalize on through AQX," said Matthias Vukovich, CEO and founder of AQX K.K.

The AQX brand combines "AQ," which means "permanent" in Japanese (永久), and a green "X," symbolizing energy-efficient digital transformation. "Our brand embodies AQX's mission to invest in highly resilient infrastructure that will drive sustainable digital transformation across society," said Matthias.

SOURCE AQX