The relationship Who owns the client, who does what.
Who holds the client relationship?
You do — in whichever way fits how you operate. Under our brokerage model , you introduce the client and EVIDENT transacts with them directly under our SFC framework, while you keep the relationship. Under our nominee model , EVIDENT transacts only with your pooling structure (a fund, VCC, or trust) and never with your underlying client — so you retain full exclusivity. Neither model requires you to hand over your client.
Do you market to or solicit our clients directly?
No. EVIDENT does not approach or cross-sell to clients you introduce. The platform is Professional-Investor only and access is controlled; your clients see what the engagement allows, nothing more.
What do we actually have to do operationally?
Very little. EVIDENT carries structuring, onboarding, settlement, administration, reporting, and corporate actions. You introduce the opportunity to the client or place it through your structure; we do the operational lifting. There is no infrastructure for you to build.
What the client owns Ownership, protection, and what happens if things go wrong.
What does the client actually own?
The beneficial interest in the underlying security, with full economic and governance rights — income, distributions, and voting all pass through. Under the nominee model, a licensed nominee holds legal title on the client’s behalf; the client is the beneficial owner. It is the same legal distinction as holding listed shares through a broker. See the
licensed nominee model briefing for the full detail.
How are client assets protected?
Through three reinforcing layers: statutory — Hong Kong’s mandatory client-asset regime (Cap. 571H and 571I) requires segregation of client assets from the firm’s own, by force of law; contractual — the Client Agreement and Nominee Investment Agreement define beneficial ownership and the nominee’s limited duties; and structural — the entity holding legal title (EPSL) is separate from the entity maintaining the definitive ownership register (ECSL), so no single entity controls both.
What happens if EVIDENT fails?
Client assets are segregated and do not form part of EVIDENT’s estate in an insolvency — they are not available to its creditors. Beneficial ownership is independently evidenced on the Principal Register maintained by a separate entity. The Nominee Investment Agreement also includes a Material Nominee Impairment mechanism: investors can nominate a successor nominee and the position transfers in an orderly way. The detail is in the
nominee model briefing .
Can EVIDENT use, lend, or pledge client assets?
No. That is prohibited under the Securities and Futures (Client Securities) Rules. The nominee’s role is custodial and administrative; it exercises no investment discretion over the underlying securities, save for narrowly defined protective actions with mandatory notification.
How deals work Structuring, sourcing, and the platform.
How do you structure deals?
Three models, chosen to fit the asset: a conventional SPV; our licensed nominee model , which is how the large majority of our 40+ live assets are held; and a natively-digital structure where an asset is issued digitally from the outset. The nominee model is the core one and the one your legal advisers will want to read in full.
Where do the deals come from?
Primary offerings from established managers, and secondary positions from institutional and private-wealth holders seeking liquidity. Sourcing runs on our AI-supported request-for-quote system, which reaches far more of the market than a desk working the phones; we act on only a small fraction of that flow. Every opportunity is one EVIDENT is prepared to back with its own capital.
Yes. EVIDENT is a principal investor alongside its clients and partners, on the same terms. Our own capital, and our warehouse fund, sit in the deals we bring to market.
Liquidity and exit Getting out, not just getting in.
How does liquidity actually work?
Positions held on the platform can be transferred on our digital OTC secondary market without re-papering with the underlying GP. A holder posts an offer; another verified investor lifts it, or — where there is no immediate bid — EVIDENT’s warehouse fund steps in as principal at a structured discount and recycles the position later. Settlement is atomic: cash and position move at the same moment, on a delivery-versus-payment basis. The
Iluvatar example shows investors taking 40%+ on the secondary market while the company was still private.
No. It is a regulated over-the-counter secondary market operating within the SFC’s defined OTC perimeter — not an exchange and not an automated trading service. Buyers and sellers come together through the platform; EVIDENT does not run a matched order book.
What liquidity horizon can we tell clients to expect?
Typically a defined two-to-three-year horizon on a position, rather than the seven-to-ten-year lockups of conventional private vehicles — supported by the OTC market and the warehouse fund as a standing liquidity provider. Liquidity is never guaranteed and depends on market demand at the time, but the mechanism is real and has been used in production.
Commercials and scope Economics, minimums, and reach.
How do the economics work?
Transparent fee-sharing on transaction economics. No platform access fees and no minimum commitments. Terms are papered through EVIDENT’s standard licensed-introducer or nominee framework, and we are glad to walk through them in detail.
No platform-level minimum to partner with us. Individual deals carry their own minimum subscription sizes, which the nominee structure is specifically designed to keep accessible for individual clients.
Which jurisdictions can you serve?
EVIDENT operates from Hong Kong under its SFC Type 1 licence and serves a global professional-investor base, focused first across Asia, the GCC, and Europe. Suitability and eligibility are assessed per investor and per deal.
Professional Investors only, as defined under the Hong Kong Securities and Futures Ordinance (Cap. 571), or comparable categories of sophisticated, wholesale, or accredited investors under the laws of the investor’s home jurisdiction. EVIDENT does not deal with retail investors.