Heritage Hub Limited Partnership Fund

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Heritage Hub

LIMITED PARTNERSHIP FUND

Preserving the Past, Investing in the Future – Chinese Antiques as a Store of Value

Executive Summary

Fund Overview

Hong Kong-based fund

Investing in high-value Chinese antiques

Policy-driven growth

Leveraging the Chinese Heritage Policy for growth

9% hurdle rate

Post 3-year lock-up period

5-year duration

With optional 2-year extension

Key Advantages

Secure custody

Insurance-backed NAV transparency

Expert team

Decades of combined expertise in art valuation, finance, and Chinese cultural assets

Fund Investment Objectives

Funds specialize in growth-oriented private equity investments in antiques and collectibles market through a combination of expertise, transparency, innovation, and a customer-centric approach at tokenization of China heritage asset.

Global Impact

China's impact in the world of collectibles has grown due to its dual roles as a supplier of collectibles and a destination for foreign collectors.

Cultural Connection

Chinese art forms that are fueled by nostalgia and a desire for cultural connections drive market growth and investment opportunities.

Global Antiques and Collectibles Market

The global antiques and collectibles market is estimated at $20 billion and is expected to grow at a CAGR of 5% over the next decade, driven by renewed interest in cultural heritage, particularly in emerging economies.

$20B
Current Market Size
5%
Annual Growth Rate
12%
Online Sales Growth
Rising Disposable Income

Key Market Drivers

  • Renewed interest in cultural heritage preservation
  • Rising disposable incomes in emerging economies
  • Online platforms increasing accessibility and sales
  • Growing interest in alternative investment assets

The Chinese Cultural Renaissance

"China's 2024 Heritage Policy is turbocharging demand for certified antiques, creating a supply crunch and valuation spikes akin to Japan's 1970s art boom—but with state-backed momentum."

Heritage Policy = Market Catalyst

68%

increase in state-funded antique repatriation (2020–2024)

28%

CAGR of top tier antiques since 2020

Why Supply Cannot Keep up?

Certified Antiques:

  • Only 1,200 Ming/Qing pieces authenticated annually (China Cultural Relics Academy)
  • Demand: 5,000+ institutional/HNWI buyers actively competing

Auction Liquidity:

  • 78% of high-value lots sell within 1 bidding round (Christie's Asia 2023 Report)

Real World Assets (RWAs)

The Significance of RWAs

Democratization of Ownership

Fractional ownership lowers barriers, empowering Mainland enterprises and smaller investors to access high-value assets with less capital.

Increased Liquidity

Tokenization boosts trading speed and efficiency, freeing capital in illiquid markets and unlocking trapped value in high-value assets.

Enhanced Transparency and Security

Blockchain's transparency and fraud reduction build trust – central to our digital-first strategy with immutable ledger ensuring transparency.

RWAs as a Transformative Asset Class

Real Estate

Fractional ownership of prime properties, enabling global investors to participate in high-value markets.

Commodities

Tokenized gold, oil, and agricultural products streamline trading and enhance supply chain transparency.

Art and Collectibles

Fractional ownership and provenance verification open new investment avenues, supported by our Digital Ownership Token framework.

Why Antiques—A 5,000-Year Store of Value

Auction Price Trends (2020–2024)

Ming/Qing ceramics: +133%

(2020-2024)

Top 10% appreciation: 3.5x faster

than S&P 500

Imperial jades record: $27M

Qianlong-era seal (2023)

Policy Catalyst: China's 2024 Heritage Act

63% increase

in mainland buyers at HK auctions post-policy

40% YoY growth

in state-funded acquisitions

2–3x estimate

for pieces with "National Heritage" authentication

5,000+ Years
of proven value preservation

Investment Benefits & Strategy

Why Invest in RWAs?

Diversification

RWAs provide exposure to asset classes uncorrelated with traditional stocks and bonds, while our scalable funding model ensures access to high-growth opportunities.

Inflation Hedge

Tangible assets like real estate and commodities protect against inflation, supported by our tokenization frameworks.

Yield Generation

Rental income, royalties, and other revenue streams offer consistent returns, amplified by our incubation enterprise model.

Our Scoring System

30%

Historical provenance

Documented ownership history and cultural significance of the piece.

25%

Craftsmanship

Technical mastery and artistic excellence.

20%

Rarity

Scarcity driven by historical production volume and survival rate.

15%

Condition

Physical state and preservation quality.

10%

Market liquidity

Ease of sale based on auction frequency and buyer demand.

Fund Structure & Terms

Indicative Terms to Selected Investors

Feeder Fund Heritage Hub LP (Hong Kong)
General Partner XBE Asset Management
Investment Chinese antiques (Ming/Qing)
Structure LP-GP with SPV per asset
Fund Size USD 50 million
Min. Commitment $500,000
Hurdle Rate 9% p.a. (3yr lock-up)
Investment Period 3 years (+2yr option)
Fund Life 5 years (+2yr option)

Competitive Fees with Performance-Driven Incentives

Management Fee
Below market; covers due diligence & custody costs
3% p.a.
Industry: 2.0–3.5% p.a.
Performance Fee
Rewards only true outperformance
15%
Industry: 20%
GP Co-Investment
Skin in the game = aligned interests
5-10% of fund size
Industry: 1–3% typical

No Hidden Fees

No subscription/redemption fees, audit fees capped at 0.1% p.a.

Management Team

Project Management Committee & General Partners

Dr. Herbert Lee

Committee Chairman

Chartered engineer with a Doctorate in Engineering from Hong Kong Polytechnic University. Specializes in knowledge management and semantics with 25+ years in high-tech industry. Recipient of Hong Kong Awards for Industry and Commerce 2016.

Dr. Frederick Wong

General Partner

15+ years in Information Technology, 21+ years in financial industry. Licensed corporation holder (HK SFC RA Type 1,4,9) focusing on private equity technology projects.

Dr. Earnest Leung

General Partner

40+ years in investment banking with experience at Amsterdam-Rotterdam Bank, BNP, and American Express Bank. Former CEO of Anxian Yuan China Holdings Limited.

Project Specialist Committee

Chen Xiangfei

Art Appraiser

Expert in artifacts, collectibles, and Tianhuangstone authentication.

Abel Wang Yuan

Porcelain Expert

Specialized in jade with "Jade Specialist Appraiser" certification.

Yu Bin

Jade Appraiser

Tsinghua University Art Department graduate.

Guo Qinghai

Commercialization

Develops digital models combining antiques with big data.

Zhaoshi

Ceramics Expert

40+ years in ceramic archaeology and authentication.

Tian Liming

Porcelain Appraiser

Creator of "Specimen-Based Authentication Methodology".

65+
Years Combined Experience
9
Expert Committee Members
100%
Licensed & Certified