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RIA / WealthRegistered adviserformer SEC advisernot on rosterRAUM 1b 10b

GAVEKAL CAPITAL LIMITED

CRD 167819

WAN CHAI

This is the graph view. The full profile, with its team, deals and sources, is on RIA / Wealth Management.Open the full profile →

Search this name across graphsid dfx:ria:7ab2d6aa-e1b9-6be4-9056-9de242651517

Data as of Jul 31, 2023 (this record's last observation) from federal regulator filings. Page built Sep 21, 2026, 5:54 AM UTC and rebuilt at most every 15 minutes.

Relationships: 11
Dated events: 4
On other graphs: 0
Observed: Jun 20, 2013 to Jul 31, 2023
16 observations

Across DFX

This entity has not been resolved onto another DFX graph by a shared identifier. A name match elsewhere would be a candidate, never an identity, and none is recorded.

Facts

fact = as filed or announced; derived = computed by DFX; estimate = a band, never a point

Firm class: former SEC adviserderivedabsent from the latest SEC roster
Regulatory AUM: $1.1BItem 5.F on the latest filing (2023-07-31); as reported, and an affiliate's assets may be counted again on its own filing
Discretionary RAUM: $1.0B
Private client RAUM: $0derivedItem 5.D individuals plus high net worth individuals
Private client share: 0%derivedprivate client RAUM over total RAUM
Advisors on IAPD: 0
Employees: 21
Advisory employees: 7
Offices: 1Schedule D 1.F, beyond the principal office
Accounts: 5
Private funds: 4Schedule D 7.B(1)
Private fund GAV: $827Mgross asset value as reported per fund; never fund size
SEC number: 801-78253
CRD: 167819
Filings on the tape: 16
First filed: Jun 20, 2013
Latest filed: Jul 31, 2023
Organised: Other (specify)

Private funds

Schedule D 7.B(1); gross asset value as reported, never fund size; reporting ends 2024-12-31

Fund	Type	Reported GAV	As of	Owners	First reported	Status	Form D file
GAVEKAL CHINA FIXED INCOME FUND	Other Private Fund	$476M	Jul 31, 2023	160	Nov 4, 2013	reported	021-177793
GAVEKAL ASIAN OPPORTUNITIES UCITS FUND	Other Private Fund	$173M	Jul 31, 2023	99	Nov 4, 2013	reported	021-177821
GAVEKAL CHINA ONSHORE RMB BOND FUND	Other Private Fund	$118M	Jul 31, 2023	32	Jul 20, 2021	reported	n/a
GAVEKAL GLOBAL EQUITIES UCITS FUND	Other Private Fund	$59.3M	Jul 31, 2023	34	Nov 4, 2013	reported	n/a
GAVEKAL GLOBAL ASSET ALLOCATION UCITS FUND	Other Private Fund	$31.8M	Jul 17, 2020	4	Oct 15, 2014	dropped	n/a
GAVEKAL ASIAN VALUE FUND	Other Private Fund	$22.7M	Jul 19, 2019	22	Jul 1, 2014	dropped	n/a
GAVEKAL DYNAMIC FUTURES FUND	Other Private Fund	$21.0M	Nov 4, 2013	22	Nov 4, 2013	dropped	n/a

Owners and control persons

Schedule A and B as filed; ownership codes are the form's bands (NA under 5%, A 5 to 10%, B 10 to 25%, C 25 to 50%, D 50 to 75%, E over 75%); people are listed as filed and never merged by name

Owner	Title	Ownership code	Control person	Acquired	First seen	Last seen
GAVE, LOUIS-VINCENT	SHAREHOLDER OF GAVEKAL CAPITAL LIMITED/ CHIEF EXECUTIVE OFFICER	E	yes	06/2003	Jun 20, 2013	Jul 31, 2023
HO, ALFRED, KAI SHING	CHIEF INVESTMENT OFFICER/HEAD OF ASIAN EQUITIES	Na	yes	06/2003	Jun 20, 2013	Jul 31, 2023
KALETSKY, ANATOLE	SHAREHOLDER OF GAVEKAL CAPITAL LIMITED	C	yes	06/2003	Jun 20, 2013	Jul 31, 2023
LAI, MARCO	CHIEF OPERATING OFFICER/ CHIEF COMPLIANCE OFFICER	Na	yes	06/2003	Jun 20, 2013	Jul 31, 2023

Affiliates (Item 7.A)

as filed on Item 7.A; a related person with a CRD on the graph links to its own page

Related person	Type	Class on the graph	Its RAUM	Control	Common control	State
GAVEKAL CAPITAL (SINGAPORE) PTE. LTD	n/a	n/a	n/a	Y	yes	n/a

Offices

Schedule D 1.F offices beyond the principal office; street addresses are not published

City	State	Country	Employees	Also broker-dealer
Singapore	n/a	Singapore	4	no

Regulatory AUM by fiscal year

annual amendments (and the roster's annual snapshot) as filed; where a year was amended twice the later filing draws the line

Fiscal year	Filed	RAUM	Discretionary	Employees	Advisory staff	Offices	Private funds	Fund GAV
2023	Jul 31, 2023	$1.1B	$1.0B	21	7	1	4	$827M
2022	Jul 25, 2022	$2.3B	$2.2B	23	9	0	4	$1.7B
2021	Jul 20, 2021	$2.7B	$2.7B	23	8	0	4	$2.0B
2020	Jul 17, 2020	$1.3B	$1.3B	19	9	0	4	$850M
2019	Jul 19, 2019	$1.2B	$1.2B	19	10	0	5	$893M
2018	Jul 24, 2018	$1.4B	$1.4B	19	10	0	5	$871M
2017	Jul 27, 2017	$1.0B	$1.0B	17	10	n/a	5	$746M
2016	Jun 23, 2016	$1.0B	$1.0B	17	10	n/a	5	$840M
2015	Jun 15, 2015	$1.1B	$1.1B	17	10	n/a	5	$907M
2014	Jul 1, 2014	$1.2B	$1.2B	15	8	n/a	4	$928M

Growth

derived from consecutive annual filings; RAUM as reported

Latest fiscal year	RAUM	A year earlier	1y change	Three years earlier	3y CAGR	Employees	A year earlier	Offices	A year earlier
2023	$1.1B	$2.3B	-53.4%	$1.3B	-6.1%	21	23	1	0

Relationships

Advises (7)

→ GAVEKAL ASIAN OPPORTUNITIES UCITS FUNDPrivate fundOther Private Fund, IA
Nov 4, 2013 to presentfactForm ADV
→ GAVEKAL CHINA FIXED INCOME FUNDPrivate fundOther Private Fund, IA
Nov 4, 2013 to presentfactForm ADV
→ GAVEKAL CHINA ONSHORE RMB BOND FUNDPrivate fundOther Private Fund, IA
Jul 20, 2021 to presentfactForm ADV
→ GAVEKAL GLOBAL EQUITIES UCITS FUNDPrivate fundOther Private Fund, IA
Nov 4, 2013 to presentfactForm ADV
→ GAVEKAL GLOBAL ASSET ALLOCATION UCITS FUNDPrivate fundOther Private Fund, IA, no longer reported
Oct 15, 2014 to Jul 17, 2020factForm ADV
→ GAVEKAL ASIAN VALUE FUNDPrivate fundOther Private Fund, IA, no longer reported
Jul 1, 2014 to Jul 19, 2019factForm ADV
→ GAVEKAL DYNAMIC FUTURES FUNDPrivate fundOther Private Fund, IA, no longer reported
Nov 4, 2013 to Nov 4, 2013factForm ADV

Controls (4)

← HO, ALFRED, KAI SHINGOwnerCHIEF INVESTMENT OFFICER/HEAD OF ASIAN EQUITIES, ownership code NA, individual
Jun 20, 2013 to presentfactForm ADV
← GAVE, LOUIS-VINCENTOwnerSHAREHOLDER OF GAVEKAL CAPITAL LIMITED/ CHIEF EXECUTIVE OFFICER, ownership code E, individual
Jun 20, 2013 to presentfactForm ADV
← KALETSKY, ANATOLEOwnerSHAREHOLDER OF GAVEKAL CAPITAL LIMITED, ownership code C, individual
Jun 20, 2013 to presentfactForm ADV
← LAI, MARCOOwnerCHIEF OPERATING OFFICER/ CHIEF COMPLIANCE OFFICER, ownership code NA, individual
Jun 20, 2013 to presentfactForm ADV

Dated events

Occurred
Jul 31, 2023
Regulatory AUM changed
Gavekal Capital Limited reported RAUM $1.1B, down 53% from $2.3B (2022-11-02 to 2023-07-31)
Form ADVobserved 6 days ago
$-1.2B
Occurred
Jul 20, 2021
Regulatory AUM changed
Gavekal Capital Limited reported RAUM $2.7B, up 108% from $1.3B (2020-07-17 to 2021-07-20)
Form ADVobserved 6 days ago
$1.4B
Occurred
Jul 24, 2018
Regulatory AUM changed
Gavekal Capital Limited reported RAUM $1.4B, up 42% from $1.0B (2017-07-27 to 2018-07-24)
Form ADVobserved 6 days ago
$416M
Occurred
Jun 20, 2013
First Form ADV filing
Gavekal Capital Limited filed its initial SEC registration (Form ADV)
Form ADVobserved 6 days ago

Provenance

Graph: RIA / Wealth Management
Canonical id: dfx:ria:7ab2d6aa-e1b9-6be4-9056-9de242651517
First observed: Jun 20, 2013
Last observed: Jul 31, 2023 38 months ago
Source families: Federal regulator filings
3 registered feeds stand behind this record; each fact above carries its own dates and, where the publisher serves one, its document.
Resolution: Identity across graphs by shared identifier (CRD, CIK, EIN, ADV fund id, individual CRD) or citation; a name match is shown as a candidate and never merged.

GAVEKAL CAPITAL LIMITED

CRD 167819

WAN CHAI

This is the graph view. The full profile, with its team, deals and sources, is on RIA / Wealth Management.Open the full profile →

Search this name across graphsid dfx:ria:7ab2d6aa-e1b9-6be4-9056-9de242651517

Data as of Jul 31, 2023 (this record's last observation) from federal regulator filings. Page built Sep 21, 2026, 5:54 AM UTC and rebuilt at most every 15 minutes.

Fund

Type

Reported GAV

As of

Owners

First reported

Status

Form D file

GAVEKAL CHINA FIXED INCOME FUND

Other Private Fund

$476M

Jul 31, 2023

160

Nov 4, 2013

reported

021-177793

GAVEKAL ASIAN OPPORTUNITIES UCITS FUND

Other Private Fund

$173M

Jul 31, 2023

Nov 4, 2013

reported

021-177821

GAVEKAL CHINA ONSHORE RMB BOND FUND

Other Private Fund

$118M

Jul 31, 2023

Jul 20, 2021

reported

n/a

GAVEKAL GLOBAL EQUITIES UCITS FUND

Other Private Fund

$59.3M

Jul 31, 2023

Nov 4, 2013

reported

n/a

GAVEKAL GLOBAL ASSET ALLOCATION UCITS FUND

Other Private Fund

$31.8M

Jul 17, 2020

Oct 15, 2014

dropped

n/a

GAVEKAL ASIAN VALUE FUND

Other Private Fund

$22.7M

Jul 19, 2019

Jul 1, 2014

dropped

n/a

GAVEKAL DYNAMIC FUTURES FUND

Other Private Fund

$21.0M

Nov 4, 2013

dropped

n/a

Owner

Title

Ownership code

Control person

Acquired

First seen

Last seen

GAVE, LOUIS-VINCENT

SHAREHOLDER OF GAVEKAL CAPITAL LIMITED/ CHIEF EXECUTIVE OFFICER

yes

06/2003

Jun 20, 2013

Jul 31, 2023

HO, ALFRED, KAI SHING

CHIEF INVESTMENT OFFICER/HEAD OF ASIAN EQUITIES

yes

06/2003

Jun 20, 2013

Jul 31, 2023

KALETSKY, ANATOLE

SHAREHOLDER OF GAVEKAL CAPITAL LIMITED

yes

06/2003

Jun 20, 2013

Jul 31, 2023

LAI, MARCO

CHIEF OPERATING OFFICER/ CHIEF COMPLIANCE OFFICER

yes

06/2003

Jun 20, 2013

Jul 31, 2023

Related person

Type

Class on the graph

Its RAUM

Control

Common control

State

GAVEKAL CAPITAL (SINGAPORE) PTE. LTD

n/a

yes

n/a

City

State

Country

Employees

Also broker-dealer

Singapore

n/a

Singapore

Fiscal year

Filed

RAUM

Discretionary

Employees

Advisory staff

Offices

Private funds

Fund GAV

2023

Jul 31, 2023

$1.1B

$1.0B

$827M

2022

Jul 25, 2022

$2.3B

$2.2B

$1.7B

2021

Jul 20, 2021

$2.7B

$2.0B

2020

Jul 17, 2020

$1.3B

$850M

2019

Jul 19, 2019

$1.2B

$893M

2018

Jul 24, 2018

$1.4B

$871M

2017

Jul 27, 2017

$1.0B

n/a

$746M

2016

Jun 23, 2016

$1.0B

n/a

$840M

2015

Jun 15, 2015

$1.1B

n/a

$907M

2014

Jul 1, 2014

$1.2B

n/a

$928M

Latest fiscal year

RAUM

A year earlier

1y change

Three years earlier

3y CAGR

Employees

A year earlier

Offices

A year earlier

2023

$1.1B

$2.3B

-53.4%

$1.3B

-6.1%