On November 18, 2024, the Asian Venture Capital Journal (AVCJ) held its 24th annual Asian Private Equity & Venture Capital Awards in Hong Kong, showcasing excellence in the industry. Over 130 submissions were received, with more than 60 firms shortlisted. The awards process was rigorous and involved community nominations alongside expert judges. Tim Burroughs, AVCJ’s Managing Editor, highlighted the industry’s resilience in capital raising and deal origination. Notable winners included 5Y Capital for Fundraising of the Year (Venture Capital) and Bain Capital for Fundraising of the Year (Large Cap). The event underscored the innovation and performance within Asian private equity.